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Venkateshwar Naik

1venkatesh1@simplihom.com +1(724) 553-1876

$ 1,500,000

Est. payment -/mo

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Active

1389 Highway 290 E Elgin, TX 78621

4,900 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 4,900 sqft

Price per Sqft $306

Subdivision Black, Joseph

MLS Listing ID 5239360

Year Built 1958

Annual Tax Amount $10,308

Tax Year 2025

Lot Size 10.754 Acres

Acres 10.754

Property Sub-Type Mixed Use

Source actris

Property Description

Are you looking for a commercial location on one of the busiest highways in Texas between Austin and Houston? Welcome to 1389 Highway 290 E. in Elgin, Texas. This unrestricted +/- 10.75-acre property offers incredible flexibility and endless potential for commercial, residential, investment, or mixed-use opportunities in one of Central Texas' fastest-growing corridors.The property features a residential component offering over 2,500 square feet per owner, which could serve as office space, living quarters, or a combination of both. Also included is a 2,400-square-foot red iron steel building with two roll-up doors (12x12 and 8x16 with electric opener), ideal for warehousing, equipment storage, workshop space, or business operations.Additional improvements include a well that is in working order with a transferable 5-year warranty. The well pump, controller, and motor have all been recently replaced. The irrigation system is also currently operational. Conveniently located approximately 7 miles from downtown Elgin, 17 miles from Bastrop, 35 miles from Austin-Bergstrom International Airport, 32 miles from downtown Austin, 25 miles from the Samsung facility in Taylor, and 30 miles from the Tesla plant, this property is positioned perfectly to benefit from the tremendous growth happening throughout Central Texas. Buyer and/or buyer's agent to verify all information including measurements, intended use, restrictions, utilities, and development requirements.

Location

State TX

County Bastrop

Area El

Interior

Heating Central

Cooling Central Air

Flooring Concrete, Laminate, Tile, Wood

Fireplace N

Exterior

Utilities Available Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Water Available, Water Connected

View See Remarks, Trees/Woods

Accessibility None

Total Parking Spaces 10

Building

Foundation Pillar/Post/Pier, Slab

Sewer Septic Tank

Water Public, Well

Structure Type See Remarks,HardiPlank Type,Metal Siding

New Construction No

Others

Restrictions None

Acceptable Financing Cash, Conventional

Tax Rate 1.58

Listing Terms Cash, Conventional

Special Listing Condition Standard

Listed by Sterling & Associates R.E. • Cecilia Whitley

Nearby Locations

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+1(724) 553-1876

1venkatesh1@simplihom.com