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    989 Old Mcdade Rd Elgin, TX 78621

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    For Sale
    $1,250,000

    5,733 SF restaurant on 1.71 acres, built 1999/2012.

    Property size:
    5,733 SF
    Lot size:
    11.96 Acres

    Property Features for 989 Old Mcdade Rd

    General Information

    Size
    5,733 SF
    Lot size
    11.96 Acres

    Source: RESOLUT RE - Austin Agent Janice Landers

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Elgin Restaurant on 1.71 Acres

    This property features a 5,733 square foot building situated on 1.71 acres of land. Constructed in 1999 and expanded in 2012, the building includes a full kitchen. Located within the Elgin ETJ and without zoning restrictions, the property has available utilities. It is suitable for storefront, individual retail, restaurant, and other restaurant uses.
    Insight Report Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Clothing Store Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Elgin
    County
    Bastrop
    State
    Texas
    Longitude
    -97.3533344
    Latitude
    30.3385077

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    FAQs

    What type of property is this?
    Storefront property - 5,733 SF restaurant on 1.71 acres, built 1999/2012.
    Where is this storefront property located?
    The property is located at 989 Old Mcdade Rd Elgin, TX.
    What is the asking price?
    The asking price for this property is $1,250,000.
    What are key features of this property?
    This property features: - 5,733 SF building on 1.71 acres; - Elgin ETJ- No zoning; - Full kitchen
    (512) 474-5557
    Request Owner's contact information
    989 Old Mcdade Rd Elgin, TX 78621
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    Elgin, TX 78621
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    989 Old Mcdade Rd Elgin, TX 78621
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