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.
Listed By
Agency Name: Land Unlimited
Agency Phone: (512) 729-7139
Shown By
Agent Name: Russell Cox
Agent Phone: Cell: (254) 717-6447
Agency Title: Kelly, Realtors
Agency Email: info@kellyrealtors.com
Agency Text: (254) 717-6447
Estimated Payment
$ 7,551.70 per month $6,676.70 Principal & Interest $0.00 Property Tax (data not provided by mls) $875.00 Homeowner's Insurance
579 Lower Elgin Road | MLS# 569178
This land located at 579 Lower Elgin Road, Elgin, TX 78621 is currently listed for sale with an asking price of $2,999,999. The property has approximately 95.87 Acres. Lower Elgin Road is located within the Elgin ISD school district. Search Elgin real estate on www.254sale.com today.