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Unimproved Industrial Land Parcel
For Lease
$3,000/Mo

00 Old Lexington Rd, Elgin, TX 78621

Gated, open unimproved land available for lease near Hwy 290, with flexible space for equipment storage and parking.

Space SizeContact for details
Lot Size1.92 Acres
Days on Market130

Property Features for 00 Old Lexington Rd

General Information

Standard status Active
Lot size 1.92 Acres
Property subtype Commercial

Site & Location

Highway Access Yes
Road Access Yes

Building Details

Year Built 1900
Listed By: Julissa Moreno Sandoval
Source: Elliman
Added: Apr 28 Changed: Aug 21 Last Checked: Sep 4 at 1:10PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Julissa Moreno Sandoval

Investment Insights

Based on property information with market context.

This unimproved commercial land parcel offers approximately 1.917 acres of open, unpaved space for leasing. The site is gated and accessed through a shared entrance used for multiple lots, providing a flexible yard environment for a variety of industrial and service-related uses. The owner may consider clearing or trimming select trees depending on tenant needs.

The property is located in a growing area near Elgin, TX with easy access to Hwy 290. It is just minutes from Elgin and Manor, and roughly 35–40 minutes from Austin, while also allowing more affordable lease options. Flexible lease options may be considered, including the possibility of leasing smaller portions (approximately 1 acre). Tenant pays a flat monthly rent with no additional operating expenses, and the site is available for immediate occupancy.

The property’s open layout and unpaved surface make it well-suited for parking, storage, or staging of materials and equipment.

Key Highlights

  • Unimproved commercial land available for lease: approx. 1.917 acres near Elgin, TX
  • Easy access to Hwy 290 with open, unpaved space for parking, storage, or material/equipment staging
  • Gated property with access through a shared entrance used for multiple lots

Property Analytics

Current Use

Industrial land

Suggested Use

Top Pick Building Supply Grocery & Convenience Store Big Box & Wholesale Store Kitchen & Bath Showroom Accounting Firm Hotel & Motel

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

13
Businesses Nearby

Demographics for 78621, TX

27,275
Population
10,671
Households
2.6
Avg Household Size
36
Median Age
24%
College-Educated
81%
High-School Grad
177.7 sq mi
ZIP Area
153
Density / Sq Mi
$88,246
Median Household Income
$48,955
Median Earnings
$1,317
Median Rent
$262,300
Median Home Value

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
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Frequently Asked Questions

What type of property is this?
Industrial land - Gated, open unimproved land available for lease near Hwy 290, with flexible space for equipment storage and parking.
Where is this industrial land located?
The property is located at 00 Old Lexington Rd Elgin, TX.
What is the lease rate?
The lease rate is $3,000/Mo.
What are key features of this property?
This property features: Unimproved commercial land available for lease: approx. 1.917 acres near Elgin, TX; Easy access to Hwy 290 with open, unpaved space for parking, storage, or material/equipment staging; Gated property with access through a shared entrance used for multiple lots
More about this property
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