#1 Austin Board of Realtors Team 2024#1 Austin Board of Realtors Team 2024
4 bed, 2 bath, 2,703 sqft on 10.75 acres in Black, Joseph. Elgin, TX 78621. $1,500,000. McDade ISD.
Are you looking for a commercial location on one of the busiest highways in Texas between Austin and Houston? Welcome to 1389 Highway 290 E. in Elgin, Texas. This unrestricted +/- 10.75-acre property offers incredible flexibility and endless potential for commercial, residential, investment, or mixed-use opportunities in one of Central Texas’ fastest-growing corridors.The property features a residential component offering over 2,500 square feet per owner, which could serve as office space, living quarters, or a combination of both. Also included is a 2,400-square-foot red iron steel building with two roll-up doors (12x12 and 8x16 with electric opener), ideal for warehousing, equipment storage, workshop space, or business operations.Additional improvements include a well that is in working order with a transferable 5-year warranty. The well pump, controller, and motor have all been recently replaced. The irrigation system is also currently operational. Conveniently located approximately 7 miles from downtown Elgin, 17 miles from Bastrop, 35 miles from Austin-Bergstrom International Airport, 32 miles from downtown Austin, 25 miles from the Samsung facility in Taylor, and 30 miles from the Tesla plant, this property is positioned perfectly to benefit from the tremendous growth happening throughout Central Texas. Buyer and/or buyer’s agent to verify all information including measurements, intended use, restrictions, utilities, and development requirements.
Verified property facts
1389 Highway 290 is listed at $1,500,000 with 4 bedrooms, 2 full bathrooms, 2,703 square feet, 10.75-acre lot.
1389 Highway 290 is zoned for McDade ISD with assigned schools: McDade (elementary), McDade (middle), McDade (high). School assignments should be verified directly with the district.
1389 Highway 290 is a Residential built in 1958 featuring 4 bedrooms, 2 full bathrooms, 2,703 square feet, 10.75-acre lot.
1389 Highway 290 is listed by Sterling & Associates R.E.. Keenan Group at Compass presents this IDX listing and provides the accompanying market analysis using MLS Grid / Unlock MLS data reviewed as of Sep 26, 2026.
The most recent annual property tax for 1389 Highway 290 is $10,309. Texas has no state income tax, so property taxes are a primary revenue source. Rates vary by jurisdiction and exemptions. Verify current amounts with the county appraisal district.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
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3 records on file
Every recorded listing, sale, and lease at 1389 Highway 290, whoever represented it.
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
Price Change with current price, original ask, and market time.
McDade ISD
Zoned assignments come from the property school fields available to us. District context schools are shown only when an assigned tier is missing. Contact the school district directly to verify current boundaries and enrollment eligibility.
20% ($300K)
Adjustable assumption - not a lending recommendation.
$1,500,000
Luxury property intelligence
A sourced read on Black, Joseph pricing, timing, and property scale. No automated valuation claim.
List price
$1,500,000
Price per sqft
$555/sqft
Vs. Neighborhood guide reference price
Not available
Days on market
85 days
Original to current
$400K reduction
$1.9M original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Sep 26, 2026.
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#1 ABOR Team 2024 with $1B+ career sales volume
This page does not assume a mortgage rate or publish a monthly payment for 1389 Highway 290. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.
As of Sep 26, 2026, 1389 Highway 290 is offered at $1,500,000. The current MLS snapshot shows 282 active listings in 78621. Keenan Group has completed 1 verified transactions in 78621 within its 1,000+ completed transactions and $1B+ career volume across Austin.
1389 Highway 290 was built in 1958 (68 years ago). Buyers should budget for potential updates to major systems.
The MLS listing marks 1389 Highway 290 as waterfront. The reported waterfront feature is Pond. Confirm shoreline access, dock rights, and floodplain status from current property documents during due diligence.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
2 events on record
Current Price
$1,500,000
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
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