Under contract

Active Under Contract

579 Lower Road

Elgin TX, 78621

$4,000,000


$0.96 per sqft

Under contract

Active Under Contract

95.87 Acres

Land

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.

569005

MLS ID

February 6, 2025

Listed

March 7, 2025

Updated

Exterior/Building Features

Lot Size

95.87 Acres

School Information

School District

Elgin ISD


High School

Elgin High School


Elementary School

Booker T. Washington ELEM

Other Property Details

Days on Market

29


Garage

No


View

Yes


View Description

Pond


County

Bastrop


Water Source

Community/Coop


Utilities

Electricity Available

Listing History

Date

Event

Price

3/7/2025

Under contract

Courtesy of Land Unlimited, Kaylee Sutton

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Legacy Land Associates shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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