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TBD Highway 290 East Lot 1 22.4 Acres of Commercial Land Offered at $3,667,077 CAD in Elgin, TX 78621

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Investment Highlights

Right off the Highway
It has its own water well plus aqua water meter

Relatively level

Executive Summary

This expansive 22.4-acre unrestricted agricultural property, located approximately 640 feet of frontage just off U.S. Highway 290 E, offers unparalleled potential for a variety of uses, from commercial ventures to personal estates. The property is ready for immediate development or personal enjoyment. Accessed Highway 290 E to a private gravel entrance, it provides both privacy and convenience, situated only 4.2 miles from downtown Elgin and approximately 19.3 miles from Bastrop. Spacious open three bay welding shop. With no zoning restrictions, the possibilities are vast— whether you're looking to start a business, build your dream home, or invest in agricultural endeavors. Water well is for irrigation, which irrigates the farm being used to irrigate the hayfield, Aqua water available for structures. Additionally, an adjacent property is currently listed for sale, offering an opportunity to expand your holdings. For more details, refer to ABOR MLS number: 000000. Don't miss out on this rare opportunity to own a prime piece of Texas land with limitless potential.
"TBD Highway 290 East Lot 2, Elgin, TX 78621 is also available and is currently listed at $2,088,480 with 17.404-acres"

Property Facts

Price	$3,667,077 CAD	Property Subtype	Commercial
Sale Type	Investment or Owner User	Total Lot Size	22.40 AC
No. Lots	1	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Property Type	Land

Price	$3,667,077 CAD
Sale Type	Investment or Owner User
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Total Lot Size	22.40 AC
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.