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Keenan Group#1 Austin Board of Realtors Team 2024

$1,433,600

22.40 acresLot

TBD Hwy 290 E Lot 1, Elgin, TX 78621

Reduced 35%$2,217,600
Elgin·MLS# 3003929·192 days on market

— bed, — bath on 22.40 acres in Elgin. Elgin, TX 78621. $1,433,600. Elgin ISD.

About This Home

This expansive 22.4-acre unrestricted agricultural property, located approximately 640 feet of frontage just off U.S. Highway 290 E, offers unparalleled potential for a variety of uses, from commercial ventures to personal estates. The property is ready for immediate development or personal enjoyment. Accessed Highway 290 E to a private gravel entrance, it provides both privacy and convenience, situated only 4.2 miles from downtown Elgin and approximately 19.3 miles from Bastrop. Spacious open three bay welding shop. With no zoning restrictions, the possibilities are vast— whether you're looking to start a business, build your dream home, or invest in agricultural endeavors. Water well is for irrigation, which irrigates the farm being used to irrigate the hayfield, Aqua water available for structures. See agent about adjacent Gas Line. Additionally, an adjacent property is currently listed for sale, offering an opportunity to expand your holdings. For more details, refer to ABOR MLS number: 9024823. Don't miss out on this rare opportunity to own a prime piece of Texas land with limitless potential.

Property Type
Farm
Lot Size
22.40 acres

Listing information last updated November 12, 2026.

Listed by Sterling & Associates R.E.

MLS# 3003929 • Active

IDX inquiries: Keenan Group at Compass · (512) 415-7653

Highlights

Generous 22.40-acre lot
Agricultural
Few Trees
Gentle Sloping
The property is ready for immediate development or personal enjoyment
Spacious open three bay welding shop

Facts & Features

Exterior & Lot

Lot Features

  • Agricultural
  • Farm
  • Few Trees
  • Gentle Sloping
  • Level

Fencing

  • Partial
Lot Size
22.40 Acres
Financial
Original List Price
$2,217,600
Utilities
  • Electricity Available
  • Water Available
Water Source
See Remarks,Private,Well
Sewer
Septic Needed

Transaction History

2 records on file

Every recorded listing, sale, and lease at TBD Hwy 290 E Lot 1, whoever represented it.

  1. ActiveListed 2026
    Current price: $1,433,600Original list: $2,217,600MLS 3003929
  2. ActiveListed 2026
    Current price: $1,433,600Original list: $2,688,000MLS 1349776

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.

View Timeline
Current list
$1,433,600
Original list
$2,217,600
Price movement
$784K reduction
Listed / DOM
May 6, 2026 · 192 days

Virtual Tour

Virtual tour of TBD Hwy 290 E Lot 1
Map showing TBD Hwy 290 E Lot 1
TBD Hwy 290 E Lot 1
Directions

Zoned Schools

Elgin ISD

1 High School1 Middle School1 Elementary School

Elgin

High SchoolGrades 9-12Zoned assignment

Elgin

Middle SchoolGrades 6-8Zoned assignment

Booker T Washington

ElementaryGrades K-5Zoned assignment

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.

Principal & interest
$7,715

Excluded from this estimate: property taxes, home insurance, and HOA dues. Each requires verified amount, cadence or unit, source, and as-of details.

Illustrative down payment

20% ($287K)

Adjustable assumption - not a lending recommendation.

Home price

$1,433,600

Loan: $1.1M

Loan details

Mortgage rate%
Payoff: ~2056
Rate source: Freddie Mac 30-year fixed average (PMMS via FRED), as of 2026-11-12
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Luxury property intelligence

Keenan Market Position

A sourced read on Elgin pricing, timing, and property scale. No automated valuation claim.

List price

$1,433,600

Price per sqft

Not available

Vs. Neighborhood guide reference price

Not available

Days on market

192 days

Original to current

$784K reduction

$2.2M original

Active inventory context

Ask for current inventory

Source: MLS Grid / Unlock MLS and Keenan Group review as of Nov 12, 2026.

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Homes sold by Keenan Group.

Verified property facts

Frequently Asked Questions

How much is TBD Hwy 290 E Lot 1?

TBD Hwy 290 E Lot 1 is listed at $1,433,600 with 0 bedrooms, 22.40-acre lot. This places it above the ZIP 78621 single-family closed-sale median price of $281,490 (ZIP 78621 geography · single-family closed sales · median sale price · trailing 12 months as of Nov 13, 2026).

What school district is TBD Hwy 290 E Lot 1 in?

TBD Hwy 290 E Lot 1 is zoned for Elgin ISD with assigned schools: Booker T Washington (elementary), Elgin (middle), Elgin (high). School assignments should be verified directly with the district.

What are the property taxes for TBD Hwy 290 E Lot 1?

The most recent annual property tax for TBD Hwy 290 E Lot 1 is $3,105. 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.

How should a buyer estimate the monthly payment for TBD Hwy 290 E Lot 1?

This page does not assume a mortgage rate or publish a monthly payment for TBD Hwy 290 E Lot 1. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.

How does TBD Hwy 290 E Lot 1 compare with other homes in Elgin?

As of Nov 12, 2026, TBD Hwy 290 E Lot 1 is offered at $1,433,600. The current MLS snapshot shows 286 active listings in 78621. Keenan Group has completed 1 verified transactions in 78621 within its 1,000+ completed transactions and $1B+ career volume across Austin.

Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.

Why Choose the #1 Austin Board Team for Elgin

#1 ABoR Team 20241,000+ Career SalesCompass Luxury Collection Specialist

#1 Austin Board of Realtors Team. 1,000+ homes sold and $1B+ in career sales over 25+ years in Austin.

25+ years advising buyers and sellers in this community

Unlock MLSMLS GRID

Listing courtesy of Unlock MLS as distributed by MLS GRID. Information deemed reliable but not guaranteed. Neither the listing broker nor Compass RE Texas, LLC shall be responsible for any typographical errors, misinformation, or misprints.

IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS, as amended from time to time.

Based on information submitted to MLS GRID as of 11/12/2026, 10:52:51 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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Keenan Luxury Market Index figures and Keenan Group sales counts are published under CC BY 4.0 and may be reused with attribution to Keenan Group at Compass. Methodology and citation format: thekeenangroup.com/the-source/keenan-luxury-market-index-methodology.

Last updated: 11/12/2026, 10:52:51 AM

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