$10,500,000
$2M PRICE DROP

111 Lund Rd Elgin, TX 78621

Estimated payment $54,949/month

Total Views 9,738
25.27 Acres
$415,496 Price per Acre
1,100,805 Sq Ft Lot

Highlights

  • Barn
  • 25.27 Acre Lot
  • Farm
  • Horses Allowed On Property
  • Pasture Views
  • Corner Lot

About This Lot

Located just north of Elgin at the prominent corner of Highway 95 and Lund Road, this expansive property offers over 25 acres of exceptional commercial potential. Surrounded by the 1,800 home Lund Farm development, this tract sits at the heart of a high-growth corridor and is ideally positioned for future commercial development or a convenience store. With the Elgin ETJ line forming the southern boundary, the property benefits from strategic proximity to city services while maintaining a favorable regulatory environment. Aqua Water is available along Highway 95, adding to the property's development appeal. Currently operating as a cattle operation, the land features improved barns, working pens, and a spacious 3,152 square foot residence per CAD. The property also enjoys the advantage of low property taxes through an agricultural exemption. This is a rare opportunity to secure a high-visibility site in the path of progress with multiple future use options.

Listing Agent

Matt Gruetzner

Keller Williams Brazos West Brokerage Phone: (817) 279-6996 License #0738334 Listed on: 04/22/2025

Keller Williams Brazos West

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,436

Lot Details

  • 25.27 Acre Lot
  • Property is Fully Fenced
  • Corner Lot
  • Gentle Sloping Lot
  • Cleared Lot

Parking

  • Driveway

Schools

  • Elgin Elementary And Middle School
  • Elgin High School

Farming

  • Barn
  • Farm
  • Agricultural
  • Pasture

Horse Facilities and Amenities

  • Horses Allowed On Property
  • Tack Room

Additional Features

  • Pasture Views
  • Septic Tank

Community Details

  • No Home Owners Association
  • Casner, Isaac Subdivision

Listing and Financial Details

  • Assessor Parcel Number 97685

Property Details

Property Type

Land

Est. Annual Taxes

$4,436

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: See Remarks
  • Additional Parcels: No
  • Directions: Corner of Lund Road and HWY 95 north of Elgin
  • Disclosures: Seller Disclosure
  • Fencing: Full
  • Other Structures: Barn(s)
  • Road Surface Type: Asphalt
  • Special Listing Conditions: Standard
  • Attribution Contact: (817) 279-6996
  • ETJ Extra Territorial Jurdn: No
  • Estimated Taxes: 4436.00
  • FEMA Flood Plain: No
  • Current Price Lot Size Squ: 9.54
  • "Current Price By Original ": 0.88
  • List Price Lot Size Square: 9.54
  • List Price By Original Lis: 0.88
  • Restrictions: None
  • Tax Exemptions: Agricultural
  • Mineral: All
  • Special Features: None

Interior Features

  • View: Pasture

Exterior Features

  • Waterfront Features: None
  • Waterfront: No

Utilities

  • Sewer: Septic Tank
  • Utilities: Electricity Connected, Water Connected
  • Water Source: Public

Association/Amenities

  • Association: No
  • Community Features: See Remarks

Schools

  • Elementary School: Elgin
  • High School: Elgin
  • Middle/Junior School: Elgin
  • Junior High Dist: Elgin ISD

Lot Info

  • Lot Features: Agricultural, Cleared, Corner Lot, Farm, Gentle Sloping
  • Topography: Flat
  • Zoning: Just outside of Elgin ET
  • Parcel Number: 97685
  • Lot Size Acres: 25.271
  • Lot Size Sq Ft: 1100804.76
  • Subdivision Name: Casner, Isaac
  • Livestock Yn: 1

Building Info

  • New Construction: No

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 4436
  • Tax Rate: 1.82700000000000

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,549 $471,943 $32,357 $439,586
2023 $4,549 $453,116 $0 $0
2022 $11,548 $574,128 $34,587 $539,541
2021 $8,200 $368,324 $13,498 $354,826
2020 $8,302 $362,029 $14,226 $347,803
2019 $8,253 $355,003 $9,316 $398,856
2018 $7,521 $322,730 $9,316 $313,414
2017 $7,020 $300,544 $9,754 $333,862
2016 $6,382 $273,222 $0 $0
2015 $4,836 $248,384 $8,867 $239,517
2014 $4,836 $232,800 $7,017 $225,783
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/20/2025 10/20/25 Price Changed $10,500,000 -12.5% --
04/22/2025 04/22/25 For Sale $12,000,000 +1106.0% --
10/19/2020 10/19/20 Sold -- -- -- View Prior Sale
09/19/2020 09/19/20 Pending -- -- --
06/08/2020 06/08/20 For Sale $995,000 -- $316 / Sq Ft
Source: Unlock MLS (Austin Board of REALTORS®)

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- Independence Title Co
Source: Public Records

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 6012891

Unlock MLS (Austin Board of REALTORS®)

APN: 97685