579 Lower Elgin RD new

Elgin,TX 78621

$ 4000000

- Bed

0 Bath

- SqFt


Key Details

Property Type Vacant Land

Sub Type Acreage

Listing Status Active

Purchase Type For Sale

Subdivision Standifer, William

MLS Listing ID 569178

Lot Size 95.867 Acres

Property Description

This exceptional 95.867-acre unrestricted property is strategically located just 28 minutes from Austin-Bergstrom International Airport and a mere 10 minutes from downtown Elgin, Texas. The land offers versatile opportunities for immediate development or as a long-term investment. Public water and electricity are available nearby, facilitating various development plans. Additionally, the property benefits from an agricultural exemption, keeping annual property taxes below $900/year. The area is experiencing significant growth, highlighted by a 600-acre development by LanZola Communities directly across the street. Elgin's population has surged by 34.14% since 2020, reaching 13,140 residents in 2024, with an annual growth rate of 6.79%.This rapid expansion underscores the region's increasing appeal and economic vitality. Given its prime location and the area's robust development trajectory, this property presents an opportunity for investors and developers aiming to capitalize on Elgin's dynamic growth.

Location

State TX

County Bastrop

Interior

Laundry None

Exterior

Exterior Feature None

Fence Full

Community Features None

Utilities Available Electricity Available

View Pond

Building

Sewer None,Septic Needed

Water Community/Coop

Schools

Elementary Schools Booker T. Washington Elem

Middle Schools Elgin Middle School

High Schools Elgin High School

School District Elgin Isd

Others

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

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