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18401 E Us Highway 290, Elgin, TX 78621

$4,800,000
  • 18401 E Us Highway 290, Elgin, TX 78621 Main Photo

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Active
LOT SIZE 10.890 acres MLS#4844944
STATUSActive PROPERTY TYPELand SCHOOLElgin ISD

Property Description

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 areas 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.**

18401 E Us Highway 290 | MLS# 4844944

This land located at 18401 E Us Highway 290, Elgin, TX 78621 is currently listed for sale with an asking price of $4,800,000. The property has approximately 10.89 Acres. E Us Highway 290 is located within the Elgin ISD school district. Search Elgin real estate on cindyr.rmcapitalcity.com today.

Property Features

Property Type: Land
Lot Size: 10.89 Acres
Taxes: $5,503

Feature Descriptions

Area #: EL
Community Features: Park
Days on Site: 204
Flood Plain: Partial
Lot: See Remarks, Back to Park/Greenbelt
Parcel#: 237082
Restrictions: City Restrictions, Zoning
Sewer: Municipal Utility District (MUD)
Special View Info: Creek/Stream, Park/Greenbelt
Utilities: Electricity Available, Sewer Available, Water Available
Water: Municipal Utility District (MUD)
Water Features: See Remarks

Local Schools

High School: Elgin
Middle School: Elgin
Elementary School: Neidig
School District: Elgin ISD

Listed By / Shown By

Listed By

Agency Name: Gold Tier Real Estate, LLC
Agency Contact: (512) 674-5727

Shown By

Agent Name: Cindy Reeder
Agent Phone: (512) 865-8385
Agency Title: Realty Capital City

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Estimated Payment

$ 12,541.30 per month $10,682.72 Principal & Interest $458.58 Property Tax $1,400.00 Homeowner's Insurance

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