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    1610 County Road 463 Elgin, TX 78621

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    For Sale
    $1,425,000

    Historic Texas estate with reconstructed home, barn, and mature trees.

    Lot size:
    11.01 Acres

    Property Features for 1610 County Road 463

    General Information

    Lot size
    11.01 Acres

    Building Details

    Year built
    1917

    Source: Capitol Ranch Real Estate Agent Colton Harbert

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

    Overview

    Charming Texas Estate: Rust Bucket Farm

    Rust Bucket Farm is a Texas estate featuring a blend of history and country living. The property includes a reconstructed 3,119 square foot home dating back to 1917, featuring 3 bedrooms, 2.5 baths, a double staircase, a music room, and original wood floors. Additional improvements consist of a 30x100 barn with wings, a garden shed with a sink, and a detached shed. The land features over 465 mature hardwood trees, a private drive, and a seasonal pond with a bridge leading to an island. The property also includes a Tifton 85 hay pasture. Located on a quiet county road, this property is near Taylor, Elgin, and Austin.
    Insight Report Location Intelligence

    Current Use by Public Records

    Farms

    Suggested Use

    Restaurant Bed & Breakfast Breakfast

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

    Location Insight

    • Map
    • Local Demand
    City
    Elgin
    County
    Bastrop
    State
    Texas
    Longitude
    -97.354994
    Latitude
    30.444115

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    FAQs

    What type of property is this?
    Farm - Historic Texas estate with reconstructed home, barn, and mature trees.
    Where is this farm located?
    The property is located at 1610 County Road 463 Elgin, TX.
    What is the asking price?
    The asking price for this property is $1,425,000.
    What are key features of this property?
    This property features: - Large 30x100 barn with additional wings, ideal for various uses.; - 465+ mature hardwood trees and a seasonal pond with island, creating a private and beautiful setting.; - Reconstructed 3-bedroom home (3119 sq. ft.) blending historic charm with modern updates.
    (806) 335-5867
    Request Owner's contact information
    1610 County Road 463 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
    1610 County Road 463 Elgin, TX 78621
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