$316,000
SOLD MAY 9, 2025
Last list price

403 Central Ave Elgin, TX 78621

0.93 Acre
$339,785 Price per Acre
40,511 Sq Ft Lot

Recently Sold

$253 Per Sq Ft

184 Days on Market

Highlights

  • City View
  • Corner Lot
  • Property is in excellent condition
  • 0.93 Acre Lot

About This Lot

As of May 2025

Prime Commercial Corner Lot in the Heart of Downtown Elgin, TXEndless Possibilities Await – Ideal for Mixed-Use DevelopmentThis expansive commercial corner lot is a rare opportunity in the bustling downtown area of Elgin, TX. With zoning that allows for over 50% residential use, this property offers remarkable flexibility for developers looking to blend residential and commercial space in one of Elgin's most vibrant areas.Location Highlights:Proximity to Historical District: Just a short stroll from Elgin’s charming downtown historical district, known for its rich heritage, dining, shopping, and cultural attractions.Central Avenue Exposure: The property sits prominently across from Central Ave, providing high visibility and foot traffic, ideal for businesses or mixed-use projects.Nearby Amenities: Directly across from a brand-new CARTS transit station, offering convenient transportation options, as well as a nearby park, perfect for outdoor enjoyment, and essential services like fire and emergency services just a couple of blocks away.Whether you're considering retail space, multi-family residential units, or a combination of both, the versatility of this lot is unmatched. The strategic downtown location, coupled with the opportunity for significant residential use, makes this an exceptional investment for future growth.Take advantage of the thriving local community and the growing demand for convenient, urban living with easy access to key amenities. The possibilities for this prime lot are truly endless.

Last Agent to Sell the Property

Valerie Navejas

All City Real Estate Ltd. Co Brokerage Phone: (512) 426-3101 License #0695273 Listed on: 09/25/2024

All City Real Estate Ltd. Co

Last Buyer's Agent

Non Member

Non Member License #785011

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,192

Lot Details

  • 0.93 Acre Lot
  • Corner Lot
  • Level Lot
  • Property is in excellent condition

Property Views

  • City Views

Schools

  • Elgin Elementary And Middle School
  • Elgin High School

Community Details

  • S6932 Nana's House Replat Subdivision

Listing and Financial Details

  • Assessor Parcel Number R12268
  • Tax Block 10

Property Details

Property Type

Land

Est. Annual Taxes

$2,192

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Unimproved Land
  • Additional Parcels: No
  • Directions: From Austin take 290 east to Elgin. Turn left on W 11th St, Right on W 2nd St, Right on N Ave A, cross over the railroad tracks property will bee on your right. Corner lot, Central Ave & S Ave A.
  • Disclosures: None
  • Other Structures: None
  • Road Surface Type: Gravel, PVD
  • Special Listing Conditions: Standard
  • Attribution Contact: (512) 426-3101
  • ETJ Extra Territorial Jurdn: No
  • Estimated Taxes: 3545.00
  • FEMA Flood Plain: No
  • Restrictions: City Restrictions
  • Tax Exemptions: None
  • Mineral: See Remarks
  • Special Features: None

Interior Features

  • View: City, See Remarks
  • Property Condition: See Remarks, Excellent

Exterior Features

  • Exterior Features: None
  • Waterfront Features: None
  • Waterfront: No

Utilities

  • Sewer: Public Sewer
  • Utilities: Electricity Available, Water Available
  • Water Source: Public

Association/Amenities

  • Community Features: None

Schools

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

Lot Info

  • Lot Features: Alley, Corner Lot, Level
  • Topography: Level
  • Zoning: ZONE 2 ALLOWS MORE THAN
  • Parcel Number: R12268
  • Lot Size Acres: 0.93
  • Lot Size Sq Ft: 40510.8
  • Subdivision Name: S6932 - Nana's House Replat
  • Endangered Species: No

Building Info

  • New Construction: No

Tax Info

  • Tax Block: 10
  • Tax Year: 2024
  • Tax Map Number: 1A
  • Tax Rate: 2.31610000000000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 5, 2014
Sold by
Hage Evie Holloway
Bought by
Owen Mark W
Current Estimated Value
$130,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
4.51%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jan 31, 2013
Sold by
Kelm Linda Jones and Kelm Albert
Bought by
Hage Evie Holloway
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Vendors Lien -- None Available
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $35,000 Seller Take Back
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/09/2025 05/09/25 Sold -- -- --
09/25/2024 09/25/24 For Sale $316,000 -- $253 / Sq Ft
Source: Unlock MLS (Austin Board of REALTORS®)

Tax History Compared to Growth

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
2022 $2,192 $85,770 $85,770 $0
2021 $1,783 $62,300 $62,300 $0
2020 $1,838 $62,300 $62,300 $0
2019 $256 $8,577 $8,577 $0
2018 $352 $11,774 $11,774 $0
2017 $352 $11,774 $11,774 $0
2016 $352 $11,774 $11,774 $0
2015 $365 $11,734 $11,734 $0
2014 $365 $17,543 $17,543 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 7029637

Unlock MLS (Austin Board of REALTORS®)

APN: 12271