$895,000

211 Lower Elgin RD, Elgin TX, 78621

Price per sqft$223.75

Property size4,000 sqft

Property typeCommercial

Courtesy of Coldwell Banker Realty, Noble Smith Listing Contact: (512) 343-7500

Overview

Active

Listed Oct 16, 2026

Updated 4h ago

EXCEPTIONAL 8-ACRE UNRESTRICTED DEVELOPMENT OPPORTUNITY along Elgin’s fast-growing FM 1704 growth corridor! Located directly adjacent to the new $108M Legacy Oak Middle School and future Elgin ISD High School campus, this high-yield land assembly features two contiguous 4-acre tracts with strong in-place carrying income. Includes two ~2,000 SF homes generating $4,500/mo ($54,000/yr gross) to offset carrying costs during site planning and entitlement. Home 1 (newer 4BR/2BA) projects $2,300/mo; Home 2 (3BR/2BA + covered storage shed) projects $2,200/mo. Completely UNRESTRICTED in Bastrop County—ideal for residential subdivision (0.25ac / 0.50ac lots trading $50k-$100k+), Build-To-Rent (BTR) duplex community, neighborhood retail center, self-storage, or flex-warehouse. On-site utilities include active water meters, power, and 2 independent septic systems. Sellers offer entire package for $895,000 or land-only baseline for ~$750,000. Rare turn-key holding asset in prime growth path!

Additional information

MLS^® ID: 8147258

Interior Features

Bedrooms: 0
Bathrooms: 0
Basement: No

Exterior Features

Lot Size: 8 Acres

Other Property Details

Taxes: $8,000
Tax Frequency: Annually

Listings courtesy of Austin/Central Texas Realty Information Service as distributed by MLS GRID

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Based on information submitted to the MLS GRID as of 4:17 AM UTC on 10/17/2026. 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.

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