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#1 Austin Board of Realtors Team 2024#1 Austin Board of Realtors Team 2024Loading
Fully leased mixed-use investment opportunity in Historic Downtown Elgin 2,314 SF total improvements featuring: ?1,008 SF retail storefront ?1,306 SF residential apartment (2 bed / 1 bath) Stabilized dual-income asset with one commercial tenant and one residential tenant in place Current in-place income producing Below-market leases provide future upside potential through rental increases and lease repositioning Extensive renovation completed in 2016 including: ?Electrical wiring ?Plumbing systems ?Interior improvements New roof installed October 2021 Located along the highly visible North Main Street corridor in Downtown Elgin Positioned within the rapidly expanding Central Texas growth corridor east of Austin Ideal opportunity for: ?1031 exchange buyers ?Long-term appreciation investors ?Mixed-use portfolio investors ?Owner-users seeking supplemental income Walkable downtown location surrounded by restaurants, retail, and local businesses Low-maintenance, turnkey asset with strong historic downtown character and modernized infrastructure. Minutes to airport, Tesla, State Capital, Samsung (SAS) and Starlink / Boring / X Campus.
Property Type
Commercial Sale
Year Built
1935
Lot Size
0.07 acres
Garage
9 spaces
Listed by All City Real Estate Ltd. Co
Property Details
Flooring
Construction
Foundation
Parking
Verified property facts
24 N Main ST is a Commercial Sale built in 1935 featuring 0 bedrooms, 0.07-acre lot.
24 N Main ST is presented by the Keenan Group at Compass Real Estate, the #1 Austin Board of Realtors Team (2024) with 1,000+ career transactions and $1B+ in career volume across Austin's luxury market.
The most recent annual property tax for 24 N Main ST is $8,243. 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.
With 20% down ($97,000) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 24 N Main ST is around $3,203 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
At $485,000, 24 N Main ST is in the Elgin City market where there are currently 279 active listings in 78621.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
25+ years advising buyers and sellers in this community
Listing timeline with current price, original ask, and market time.
20% ($97K)
$485,000
Luxury property intelligence
A sourced read on Elgin City pricing, timing, and property scale. No automated valuation claim.
List price
$485,000
Price per sqft
Not available
Vs. Elgin City median
Not available
Days on market
3 days
Original to current
No verified reduction
$485K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of May 31, 2026.
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#1 ABOR Team 2024 with $1B+ career sales volume
24 N Main ST was built in 1935 (91 years ago). Buyers should budget for potential updates to major systems.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
Best Match
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