Estimated payment $8,390/month
Total Views
3,004
20.12
Acres
$75,000
Price per Acre
876,514
Sq Ft Lot
Highlights
- Horses Allowed On Property
- 20.12 Acre Lot
- Deck
- Above Ground Pool
- Pasture Views
- 1 Stock Tank or Pond
About This Lot
This prime 20.122-acre property offers an incredible investment opportunity in the rapidly growing Elgin area, just minutes from Elgin High School and major retail hubs like HEB, Tractor Supply, and local restaurants. With major developments underway, including large subdivisions by KB Home and Brown Homes, this land is poised for significant commercial and residential growth. Featuring one homes, 3-bedroom, 1.5-bath with a workshop and storage shed (built in 1970)—this property provides immediate rental income potential. Located within the Elgin ETJ and less than 2 miles from the county road line, the land offers great development opportunities, although buyers will need to explore water access options for the vacant portion. A fantastic chance to capitalize on the expanding market in this thriving area.
Listing Agent
Sterling & Associates R.E. Brokerage Phone: (512) 281-3336 License #0633014 Listed on: 01/10/2025
Co-Listing Agent
Sterling & Associates R.E. Brokerage Phone: (512) 281-3336 License #0678862
Property Details
Property Type
- Land
Est. Annual Taxes
- $2,007
Year Built
- Built in 1970
Lot Details
- 20.12 Acre Lot
- Dirt Road
- North Facing Home
- Livestock Fence
- Wooded Lot
- Few Trees
- Private Yard
- Back and Front Yard
- 248226 & 248228
Property Views
- Pasture
- Rural
Home Design
- Pillar, Post or Pier Foundation
- Slab Foundation
- Shingle Roof
- Wood Siding
- HardiePlank Type
Interior Spaces
- 1,018 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- 2 Fireplaces
- Washer and Dryer
Kitchen
- Eat-In Kitchen
- Electric Range
- Microwave
- Plumbed For Ice Maker
- Dishwasher
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
Parking
- 4 Parking Spaces
- Private Parking
- Parking Deck
- Circular Driveway
- Additional Parking
- Open Parking
- Outside Parking
- Off-Street Parking
Pool
- Above Ground Pool
- Outdoor Pool
- Pool Liner
Outdoor Features
- Deck
- Patio
- Separate Outdoor Workshop
- Outdoor Storage
- Outbuilding
- Front Porch
Schools
- Neidig Elementary School
- Elgin Middle School
- Elgin High School
Farming
- 1 Stock Tank or Pond
- Agricultural
- Pasture
Utilities
- Central Heating and Cooling System
- Vented Exhaust Fan
- Separate Meters
- Electric Water Heater
- Septic Tank
- Sewer Not Available
- Phone Available
- Cable TV Available
Additional Features
- Residence on Property
- Horses Allowed On Property
Listing and Financial Details
- Assessor Parcel Number 248211
Map
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Home Values in the Area
Average Home Value in this Area
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 | $732 | $120,682 | -- | -- |
| 2023 | $517 | $99,737 | $0 | $0 |
| 2022 | $1,835 | $90,670 | $0 | $0 |
| 2021 | $1,731 | $82,427 | $72,142 | $104,643 |
| 2020 | $1,647 | $74,934 | $23,175 | $69,001 |
| 2018 | $1,373 | $61,929 | $23,175 | $73,788 |
| 2017 | $1,256 | $56,299 | $23,175 | $70,691 |
| 2016 | $1,142 | $51,181 | $23,175 | $70,691 |
| 2015 | $232 | $46,528 | $23,175 | $72,827 |
| 2014 | $232 | $42,298 | $18,540 | $23,758 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/29/2025 05/29/25 | Price Changed | $1,509,150 | -35.9% | $1,482 / Sq Ft |
| 01/10/2025 01/10/25 | For Sale | $2,353,200 | -- | $2,312 / Sq Ft |
Source: Unlock MLS (Austin Board of REALTORS®)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Available | |
| Vendors Lien | -- | Land America Austin Title Co |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $240,000 | New Conventional | |
| Closed | $240,000 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $106,727 | FHA | |
| Previous Owner | $51,000 | Unknown |
Source: Public Records
Similar Property in Elgin, TX
Source: Unlock MLS (Austin Board of REALTORS®)
MLS Number: 8220115
APN: 248211
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