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$ 1,150,000
Est. payment /mo
Price Dropped by $50K
763 Upper Elgin River RD Elgin, TX 78621
19 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
Subdivision Standifer, James
MLS Listing ID 7970237
Tax Year 2024
Lot Size 18.998 Acres
Acres 18.998
Property Sub-Type Unimproved Land
Source actris
Property Description
JV Development Opportunity! This is a unique opportunity for investors to partner on a high-potential development project. With Bastrop's booming development scene and Elgin's expanding infrastructure, this property is ideally positioned to capitalize on the region's increasing housing demand. Save months of time with a recent water study from Aqua Water. Seller plans to divide into 27 lots or go with a RV Park / self storage design. The property is NOT within FEMA Flood Plain or Houston Toad Conservation Area. Additionally, the property includes a 2,100 sq. ft. home, providing the option to live on-site or maintain it as an income-generating rental.
Location
State TX
County Bastrop
Interior
Fireplace N
Exterior
Community Features None
Utilities Available Water Available
Waterfront Description None
View Rural
Building
Lot Description Agricultural, Trees-Moderate
Sewer Septic Tank
Water Public
New Construction No
Schools
Elementary Schools Elgin
Middle Schools Elgin
High Schools Elgin
School District Elgin Isd
Others
Restrictions None
Acceptable Financing Cash, Conventional
Tax Rate 1.8
Listing Terms Cash, Conventional
Special Listing Condition Standard
Listed by Land Unlimited • Kaylee Sutton