— bed, — bath on 95.65 acres in Elgin. Elgin, TX 78621. $4,304,250. Elgin ISD.
About This Home
95.65 acres. Ready for unrestricted residential or commercial development. Scenic views. Near Elgin and McDade. Easy commutes to Bastrop (23 miles), the Samsung plant in Taylor (25 miles) and the Tesla Gigafactory in Austin, (30 miles). 1,000 feet of frontage on US 290. Also has a 1900 sq ft. brick house with rental income potential.
The gated entrance to 2041 Old McDade Road announces a rare offering in Bastrop County - a sprawling 95.65-acre estate with 1,000 feet of US 290 frontage and the infrastructure to support significant development or remain a private sanctuary. The property sits in Elgin, positioned between McDade to the west and the broader Bastrop County landscape, making it equally suited for those seeking rural privacy or strategic land investment.
The long driveway curves through manicured grounds that have been thoughtfully maintained rather than left to nature. The acreage provides genuine separation from neighbors while remaining accessible via established roads. The scenic views across the property reward those who invest the time to understand its full scope - the kind of land that reveals itself gradually, with distinct areas of character and potential use.
The existing 1,900 square foot brick structure on-site carries immediate rental income potential, providing cash flow while the broader land value appreciates. This allows owners to hold the property as an active investment rather than a static holding.
Location matters here. Commute times position this estate strategically for Bastrop County workers and those employed across Central Texas. The Samsung manufacturing facility in Taylor lies 25 miles north. The Tesla Gigafactory in Austin is roughly 30 miles south. Bastrop itself - the county seat with growing retail and services - sits 23 miles west. For those requiring regional access without daily freeway stress, the 1,000 feet of US 290 frontage provides direct highway connectivity.
The unrestricted development potential is the real leverage point. The acreage allows for residential subdivision, commercial enterprise, or mixed-use development depending on market conditions and owner vision. Bastrop County continues attracting investment as Austin sprawl moves eastward and major employers establish satellite operations. Land of this size with highway frontage and clear title appreciates with infrastructure expansion.
This is not a manicured showpiece property - it's raw equity with intentional stewardship. The 130 days on market reflects that clarity: substantial land parcels of this scale and accessibility move on fundamentals, not emotions. The $4.30 million price reflects current market value for Bastrop County acreage positioned between population centers and major employers. For developers, investors, or families seeking generational land in an area experiencing measurable growth, this represents the kind of property that builds wealth over time.
The numbers behind this insight
- Offered at
- $4,304,250
- Listed
- August 30, 2025
Keenan Luxury Market Index: $3M-$5M single-family homes across the Austin area sold at a median $737 per sq ft over the trailing 12 months (185 sales), as of October 21, 2026.
- Property Type
- Land
- Lot Size
- 95.65 acres
Listing information last updated August 4, 2026.
Listed by HomeCoin.com
MLS# 3760808 • Active
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Highlights
Facts & Features
Exterior & Lot
- Agricultural
- Gentle Sloping
- Rolling Slope
- Many Trees
- Views
- Lot Size
- 95.65 Acres
- Pond
Financial
- Original List Price
- $4,304,250
Utilities
- Above Ground
- Water Connected
- Water Source
- See Remarks,Private
Transaction History
1 record on file
Every recorded listing, sale, and lease at 2041 Old McDade RD, whoever represented it.
- ActiveListed 2025Current price: $4,304,250Original list: $4,304,250MLS 3760808
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
Price & Listing History
Listing timeline with current price, original ask, and market time.
- Current list
- $4,304,250
- Original list
- $4,304,250
- Price movement
- No verified reduction
- Listed / DOM
- Aug 30, 2025 · 418 days
Zoned Schools
Elgin ISD
Elgin
Elgin
Elgin
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% ($861K)
Adjustable assumption - not a lending recommendation.
$4,304,250
Luxury property intelligence
Keenan Market Position
A sourced read on Elgin pricing, timing, and property scale. No automated valuation claim.
List price
$4,304,250
Price per sqft
Not available
Vs. Neighborhood guide reference price
Not available
Days on market
418 days
Original to current
No verified reduction
$4.3M 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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