— bed, — bath on 8.00 acres in Elgin. Elgin, TX 78621. $895,000.
About This Home
EXCEPTIONAL 8-ACRE UNRESTRICTED DEVELOPMENT OPPORTUNITY along Elgin’s fast-growing FM 1704 growth corridor! Located directly adjacent to the new $108M Legacy Oak Middle School and future Elgin ISD High School campus, this high-yield land assembly features two contiguous 4-acre tracts with strong in-place carrying income. Includes two ~2,000 SF homes generating $4,500/mo ($54,000/yr gross) to offset carrying costs during site planning and entitlement. Home 1 (newer 4BR/2BA) projects $2,300/mo; Home 2 (3BR/2BA + covered storage shed) projects $2,200/mo. Completely UNRESTRICTED in Bastrop County—ideal for residential subdivision (0.25ac / 0.50ac lots trading $50k-$100k+), Build-To-Rent (BTR) duplex community, neighborhood retail center, self-storage, or flex-warehouse. On-site utilities include active water meters, power, and 2 independent septic systems. Sellers offer entire package for $895,000 or land-only baseline for ~$750,000. Rare turn-key holding asset in prime growth path!
- Property Type
- Commercial Sale
- Lot Size
- 8.00 acres
Listing information last updated October 16, 2026.
Listed by Coldwell Banker Realty
MLS# 8147258 • Active
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Highlights
Facts & Features
Exterior & Lot
- Lot Size
- 8.00 Acres
Financial
- Original List Price
- $895,000
Utilities
- Electricity Connected
- Sewer Connected
- Water Connected
Transaction History
1 record on file
Every recorded listing, sale, and lease at 211 Lower Elgin RD, whoever represented it.
- ActiveListed 2026Current price: $895,000Original list: $895,000MLS 8147258
- Listed · October 16, 2026$895,000
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
- $895,000
- Original list
- $895,000
- Price movement
- No verified reduction
- Listed / DOM
- Oct 16, 2026 · 6 days
20% ($179K)
Adjustable assumption - not a lending recommendation.
$895,000
Luxury property intelligence
Keenan Market Position
A sourced read on Elgin pricing, timing, and property scale. No automated valuation claim.
List price
$895,000
Price per sqft
Not available
Vs. Neighborhood guide reference price
Not available
Days on market
6 days
Original to current
No verified reduction
$895K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 16, 2026.
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