— bed, — bath on 19.00 acres in Elgin. Elgin, TX 78621. $740,000.
About This Home
Nearly 19 unrestricted acres between Elgin and Bastrop with potential for a residential subdivision. A concept for approximately 25 half-acre lots has been explored, and water cost estimates are available. The property includes a 4-bedroom, 2-bath farmhouse ready for updates, a large pond, mature trees, and perimeter fencing. Outside the floodplain and less than 30 minutes from Austin. Buyer to verify subdivision feasibility, utilities, and required approvals.
At 763 Upper Elgin River Road in Elgin, Texas, nearly 19 acres of undeveloped Bastrop County land offers the kind of privacy that's increasingly difficult to find within 30 minutes of Austin. This property operates with minimal restrictions, a distinction that matters deeply to buyers seeking genuine control over their land use.
The existing white farmhouse provides four bedrooms and two bathrooms on the property, though the real value lies in what the acreage enables. Mature trees dot the landscape, and a functional pond sits on the eastern portion of the lot. The land comes with fencing already in place and poses no floodplain constraints, which directly improves both usability and long-term value. These infrastructural features mean the property is ready for immediate agricultural use or development without the complications that bog down many rural properties.
The location within the James Standifer subdivision, just outside Elgin's town center, positions this parcel at a strategic intersection. Bastrop County extends Austin's Hill Country character eastward, and this property captures that distinction without requiring a lengthy commute. The 78621 zip code places the acreage near Highway 290 access points and within reasonable distance of both Elgin and Bastrop's historic downtown corridors. Most buyers understand that rural Bastrop County properties appreciate as Austin's footprint expands, though appreciation here stems from actual land utility rather than speculation.
What separates this holding from typical ranch properties is the absence of restrictive covenants. Buyers can subdivide, establish a multi-generational compound, operate legitimate agricultural ventures, or simply maintain the property as a working ranch. The combination of suitable cattle and horse fencing with pond access creates an immediately functional operation. Whether adding a second residence or developing the property over time, the acreage accommodates serious landowners who don't want their options constrained by homeowners associations or subdivision restrictions.
At $800,000 for just under 19 acres, the price reflects current Bastrop County land valuations. The property moved to market recently and remains relatively unencumbered by the typical rural property complications: flood zones, utility constraints, or use restrictions. This straightforward land ownership with proven agricultural infrastructure and proximity to Austin positions it for buyers viewing this not as a commodity but as actual control over acreage in a county that's seen measured but consistent appreciation over the past decade.
The numbers behind this insight
- Offered at
- $740,000
- Listed
- May 24, 2026
- Price changes
- Reduced, down 7.5% from $800,000
- Property Type
- Commercial Sale
- Lot Size
- 19.00 acres
Listing information last updated September 25, 2026.
Listed by Land Unlimited
MLS# 7078737 • Active
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Highlights
Facts & Features
Exterior & Lot
- Lot Size
- 19.00 Acres
Financial
- Original List Price
- $800,000
Utilities
- Electricity Available
- Water Available
- Water Source
- Public
- Sewer
- Septic Tank
Transaction History
5 records on file
Every recorded listing, sale, and lease at 763 Upper Elgin River RD, whoever represented it.
- ActiveListed 2026Current price: $740,000Original list: $800,000MLS 7078737
- Listed · May 24, 2026$800,000
- Price changed · August 12, 2026$750,000
- Price changed · September 22, 2026$740,000
- ActiveListed 2026Current price: $740,000Original list: $800,000MLS 4796935
- Listed · April 7, 2026$800,000
- Price changed · August 12, 2026$750,000
- Price changed · September 22, 2026$740,000
- ActiveListed 2026Current price: $740,000Original list: $800,000MLS 4420992
- Listed · April 7, 2026$800,000
- Price changed · August 12, 2026$750,000
- Price changed · September 22, 2026$740,000
- ActiveListed 2026Current price: $740,000Original list: $800,000MLS 1264019
- Listed · April 7, 2026$800,000
- Price changed · August 12, 2026$750,000
- Price changed · September 22, 2026$740,000
- ExpiredListed 2025Current price: $895,000Original list: $1,200,000MLS 3815917
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
- $740,000
- Original list
- $800,000
- Price movement
- $60K reduction
- Listed / DOM
- May 24, 2026 · 151 days
Excluded from this estimate: property taxes, home insurance, and HOA dues. Each requires verified amount, cadence or unit, source, and as-of details.
20% ($148K)
Adjustable assumption - not a lending recommendation.
$740,000
Luxury property intelligence
Keenan Market Position
A sourced read on Elgin pricing, timing, and property scale. No automated valuation claim.
List price
$740,000
Price per sqft
Not available
Vs. Neighborhood guide reference price
Not available
Days on market
151 days
Original to current
$60K reduction
$800K 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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