18401 E Us Highway 290, Elgin, TX 78621

$4,800,000

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List Price
$4,800,000
Status
ACTIVE
MLS#
4844944
Days on Market
250
Lot Size
474,368
Area
Bastrop/Smithville, Elgin/Manor, Hutto/Taylor/Coupland

Property Description

Gold Tier Real Estate is proud to present a ±10.89-acre, fully entitled multi-family development site along Highway 290 in Elgin, Texas. With utilities and road infrastructure being delivered by the seller—and an approved Development Agreement already in place—this tract offers a true turn-key opportunity for a garden-style multi-family developer. The property is zoned for up to 300 units, and a conceptual site plan reflecting 276 units is available for review. As part of the master development, the seller is constructing a new City of Elgin park and nature-trail hiking center that will sit directly adjacent to the site, providing a high-value amenity for future residents. Neighboring development continues to enhance the area’s long-term appeal: DR Horton is developing townhomes on the western parcel. Huntington Properties is delivering new, high-traffic retail along the Highway 290 commercial pads. **Broker does not warrant the accuracy of any information provided. Buyer is to conduct their independent due diligence.**

Additional Information

Tax Year
2024
Region
Bastrop/Smithville, Elgin/Manor, Hutto/Taylor/Coupland
View
Creek/Stream, Greenbelt
School District
Elgin ISD
Elementary School
Neidig
High School
Elgin
Middle School
Elgin
Sewer
MUD
Street Name
E Us Highway 290
Street Number
18401
Neighborhood
n/a
Water
MUD
Acres
10.89
County
Travis
Lot Description
See Remarks, Greenbelt

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Calculator source: Real Geeks

Listing courtesy of Taylor Golden from Gold Tier Real Estate, LLC. Contact: (512) 674-5727

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