95.87 acres | #5083184
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.
Property Details
- Utility FeaturesElectricity Available, Water Available, Sewer Not Available
- Elementary SchoolBooker T Washington
- SubdivisionStandifer, William
- Property SubtypeUnimprovedLand
- Lot DescriptionAgricultural
- Original List Price$4,000,000
- School DistrictElgin ISD
- Property TypePurchase
- CountyBastrop
- MLS #5083184
- Cost4000000
- MLS #5083184
- Acres95.867
- Utility SourcePublic
- ViewRural
- Middle SchoolElgin
- High SchoolElgin
- Days on Market (Cumulative)3
Location
Legal
Based on information submitted to the MLS GRID as of 2025-02-06 15:04:43 UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Based on information from the Austin Board of REALTORS®. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided "AS IS" and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.
Last Updated: . Source: ACTRIS
Listing Courtesy
Listing Agent: Kaylee Sutton (#700093), Phone: (512) 470-4237
Listing Office: Land Unlimited (#704201)
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