4 bed, 2 bath, 2,703 sqft on 10.75 acres in Elgin. Elgin, TX 78621. $1,500,000. McDade ISD.
About This Home
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.
- Property Type
- Residential
- Year Built
- 1958
- Lot Size
- 10.75 acres
- Price / Sq Ft
- $555
- Garage
- 4 spaces
Listing information last updated July 31, 2026.
Listed by Sterling & Associates R.E.
MLS# 1490181 • Active
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Highlights
Facts & Features
Interior
- Concrete
- Laminate
- Tile
- Wood
- Heating
- Central
- Cooling
- Central Air
Exterior & Lot
- Hardi
- Plank Type
- Metal Siding
- Gentle Sloping
- Level
- Trees-Large (Over 40 Ft)
- Many Trees
- Trees-Medium (20 Ft - 40 Ft)
- Partial
- Pillar
- Post
- Pier
- Slab
- Lot Size
- 10.75 Acres
- Detached
- Garage
- Outside
- Workshop in Garage
- Garage Spaces
- 4
- Pond
Financial
- Original List Price
- $1,900,000
- Price per Sq Ft
- $555
Utilities
- Electricity Available
- Electricity Connected
- Natural Gas Available
- Natural Gas Connected
- Water Available
- Water Connected
- Water Source
- Public,Well
- Sewer
- Septic Tank
Transaction History
3 records on file
Every recorded listing, sale, and lease at 1389 Highway 290, whoever represented it.
- ActiveListed 2026Current price: $1,500,000Original list: $1,500,000MLS 8391136
- Listed · July 16, 2026$1,500,000
- ActiveListed 2026Current price: $1,500,000Original list: $1,900,000MLS 5239360
- Listed · May 13, 2026$1,900,000
- Price changed · July 28, 2026$1,500,000
- ActiveListed 2026Current price: $1,500,000Original list: $1,900,000MLS 1490181
- Listed · July 3, 2026$1,900,000
- Price changed · July 28, 2026$1,500,000
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
Price & Listing History
Price Change with current price, original ask, and market time.
- Current list
- $1,500,000
- Original list
- $1,900,000
- Price movement
- $400K reduction
- Listed / DOM
- Jul 3, 2026 · 111 days
Virtual Tour
Zoned Schools
McDade ISD
McDade
McDade
McDade
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.
Excluded from this estimate: property taxes, home insurance, and HOA dues. Each requires verified amount, cadence or unit, source, and as-of details.
20% ($300K)
Adjustable assumption - not a lending recommendation.
$1,500,000
Luxury property intelligence
Keenan Market Position
A sourced read on Elgin 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
111 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 Oct 15, 2026.
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