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.**
Property Features
Property Type: Land
Lot Size: 10.89 Acres
Taxes: $5,503
Feature Descriptions
Area #: EL
Community Features: Park
Days on Site: 242
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: Gilbert Gracia Jr.
Agent Phone: (512) 825-1591
Agency Title: Realty Capital City
Estimate Your Payment
Estimated Payment
$ 12,541.30 per month $10,682.72 Principal & Interest $458.58 Property Tax $1,400.00 Homeowner's Insurance
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 gilbertg.rmcapitalcity.com today.