Estimated payment $27,971/month
Highlights
- 10.89 Acre Lot
- No HOA
- Park
- Creek or Stream View
About This Lot
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.**
Listing Agent
Gold Tier Real Estate, LLC Brokerage Phone: (512) 674-5727 License #0725215 Listed on: 11/19/2025
Co-Listing Agent
Gold Tier Real Estate, LLC Brokerage Phone: (512) 674-5727 License #0703959
Property Details
Property Type
- Land
Est. Annual Taxes
- $32,066
Property Views
- Creek or Stream
- Park or Greenbelt
Schools
- Neidig Elementary School
- Elgin Middle School
- Elgin High School
Additional Features
- 10.89 Acre Lot
- Municipal Utilities District for Water and Sewer
Listing and Financial Details
- Assessor Parcel Number 237082
Community Details
Overview
- No Home Owners Association
Recreation
- Park
Map
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 | $32,066 | $1,066,327 | $1,066,327 | -- |
| 2023 | $24,834 | $1,071,010 | $1,071,010 | $0 |
| 2022 | $27,570 | $1,073,449 | $1,073,449 | $0 |
| 2021 | $28,870 | $1,073,449 | $1,073,449 | $0 |
| 2020 | $30,647 | $1,073,449 | $1,073,449 | $0 |
| 2018 | $26,226 | $912,500 | $912,500 | $0 |
| 2017 | $32,768 | $1,134,645 | $1,134,645 | $0 |
| 2016 | $32,768 | $1,134,645 | $1,134,645 | $0 |
| 2015 | $7,680 | $1,134,645 | $1,134,645 | $0 |
| 2014 | $7,680 | $1,134,645 | $1,134,645 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/19/2025 11/19/25 | For Sale | $4,800,000 | +392.3% | -- | |
| 04/10/2017 04/10/17 | Sold | -- | -- | -- | View Prior Sale |
| 01/25/2017 01/25/17 | Pending | -- | -- | -- | |
| 12/06/2016 12/06/16 | For Sale | $975,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Vendors Lien | -- | Lawyers Title Co | |
| Deed In Lieu Of Foreclosure | $1,750,000 | None Available | |
| Vendors Lien | -- | None Available | |
| Warranty Deed | -- | Atc | |
| Vendors Lien | -- | Austin Title | |
| Warranty Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $685,000 | Purchase Money Mortgage | |
| Previous Owner | $893,750 | Purchase Money Mortgage | |
| Previous Owner | $200,000 | Seller Take Back |
Source: Unlock MLS (Austin Board of REALTORS®)
MLS Number: 4844944
APN: 237082
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