EXCEPTIONAL 8-ACRE UNRESTRICTED DEVELOPMENT OPPORTUNITY along Elgins 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!
Listed By
Agency Name: Coldwell Banker Realty
Agency Contact: (512) 343-7500
Shown By
Agent Name: Joel Peal
Agent Phone: (512) 590-9126
Agency Title: Realty Capital City
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211 Lower Elgin Rd | MLS# 8147258
This commercial property located at 211 Lower Elgin Rd, Elgin, TX 78621 is currently listed for sale with an asking price of $895,000. Search Elgin real estate on www.pealestate.com today.