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$4,800,000
Est. payment /mo
10.89 Acres Lot
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Key Details
Property Type Commercial
Sub Type See Remarks
Listing Status Active
Purchase Type For Sale
MLS Listing ID 9240557
Tax Year 2024
Lot Size 10.890 Acres
Acres 10.89
Property Sub-Type See Remarks
Source actris
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 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.**
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.**
Location
State TX
County Travis
Zoning See Remarks
Interior
Fireplace No
Exterior
Utilities Available Electricity Available, Sewer Available, Water Available
View Creek/Stream, Park/Greenbelt
Private Pool No
Building
Sewer MUD
Water MUD
Structure Type Other
New Construction No
Others
Special Listing Condition See Remarks
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Listed by Gold Tier Real Estate, LLC
NEARBY SCHOOL & BUSINESS
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