— bed, — bath on 25.00 acres in Elgin. Elgin, TX 78621. $2,300,000. Elgin ISD.
About This Home
Approximately 675 feet on FM 1100 & 1,300 feet on Wells Lane. Manor ETJ. Existing 4" waterline running North from FM 1100 along Wells Ln, on the same side of the road, 6" waterline along FM 1100 & a 24" water transmission main that travels North along FM 1100 & Manda Rd. City of Elgin CCN, Septic and electric service is provided by Oncor Electric. 11,250 sqft warehouse built in 2015 and 2,400 sqft 3/2 house with shop & 10x10 office built in 2009. Approximately 9.92± acres lie within the FEMA Floodplain. Light restrictions will be implemented to be negotiated. Seller Financing negotiable. Potential to purchase acres adjacent as well.
Twenty-five acres on FM 1100 in Elgin represents something increasingly rare in the Austin periphery: genuine land freedom with infrastructure already in place. The property stretches roughly 675 feet along FM 1100 and 1,300 feet along Wells Lane, giving you frontage on two rural roads and the kind of visibility that matters for commercial or development purposes. This is Elgin ISD territory in Travis County, positioned where the city's reach extends but hasn't yet overwhelmed the landscape.
The horizon here is what sells itself. You're looking at 25 acres of open land where you can actually see sky, feel distance, and operate without neighbors watching every decision. The lot already includes substantial infrastructure: a 6-inch water line runs along FM 1100 through Aqua Water's CCN, and septic is available. That's not a small detail. Many properties this size and price point require you to engineer utilities from scratch. Here, the bones exist.
What's already on the land tells you something about the owner's vision. A 2015-built 11,250-square-foot warehouse sits on the property, paired with a 2009-built house (3 bed, 2 bath, 2,400 sqft) that includes a shop and 10x10 office space. This isn't a speculative holding. This is someone who actually used the land, tested its potential, proved its utility. Whether you keep these structures or start fresh, they validate the site's commercial viability.
The negotiation points matter. Light restrictions will be implemented but are negotiable, meaning you're not locked into someone else's vision. Seller financing is on the table, a meaningful advantage when you're working with 25 acres and considering multiple development scenarios. That flexibility changes the math on acquisition cost and holding strategy.
Location-wise, you're in Elgin ISD's service area with proximity to Neidig Elementary, Elgin Middle School, and Elgin High School. You're close enough to Austin's major employers to be relevant (Dell, Apple, Tesla, Oracle, and Domain all operate nearby), yet far enough removed to preserve the rural character that makes 25 acres feel like actual land, not subdivision inventory. Downtown Austin is accessible but distant enough that you don't inherit urban density.
At $2.50M, this is land that lets you build something intentional rather than adapt to someone else's constraints. The question isn't what the property is. It's what you want it to become.
The numbers behind this insight
- Offered at
- $2,300,000
- Listed
- March 23, 2026
- Price changes
- Reduced, down 8% from $2,500,000
Keenan Luxury Market Index: $2M-$3M single-family homes across the Austin area sold at a median $601 per sq ft over the trailing 12 months (383 sales), as of October 21, 2026.
- Property Type
- Land
- Lot Size
- 25.00 acres
Listing information last updated July 13, 2026.
Listed by Republic Commercial Land & Bro
MLS# 2413031 • Active
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Highlights
Facts & Features
Exterior & Lot
- Lot Size
- 25.00 Acres
Financial
- Original List Price
- $2,500,000
Utilities
- Water Available
Transaction History
1 record on file
Every recorded listing, sale, and lease at 15216 FM 1100, whoever represented it.
- ActiveListed 2026Current price: $2,300,000Original list: $2,500,000MLS 2413031
- Listed · March 23, 2026$2,500,000
- Price changed · July 13, 2026$2,300,000
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
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Price & Listing History
Listing timeline with current price, original ask, and market time.
- Current list
- $2,300,000
- Original list
- $2,500,000
- Price movement
- $200K reduction
- Listed / DOM
- Mar 23, 2026 · 213 days
Tax Record
Public record data from county appraisal records. Market value can differ from assessed value.
- Assessed Value
- $193,005
- Assessment Year
- 2025
- Year Built
- 2015
- Parcel ID
- 000000857693
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-20.9% | — | $193,005 | $70,231 | $122,774 |
2024+0.0% | — | $244,075 | $240,837 | $122,774 |
2023+74.4% | — | $244,075 | $121,301 | $122,774 |
2022+14.0% | — | $139,956 | $121,301 | $122,774 |
2021 | — | $122,774 | $17,182 | $122,774 |
Zoned Schools
Elgin ISD
Elgin
Elgin
Neidig
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% ($460K)
Adjustable assumption - not a lending recommendation.
$2,300,000
Luxury property intelligence
Keenan Market Position
A sourced read on Elgin pricing, timing, and property scale. No automated valuation claim.
List price
$2,300,000
Price per sqft
Not available
Vs. Neighborhood guide reference price
Not available
Days on market
213 days
Original to current
$200K reduction
$2.5M 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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