Gated Acreage with Hwy 290
For Sale
$1,250,000
Lot 1 Highway 290 Unit 1, Elgin, TX 78621
Gated 25-acre tract with frontage along Hwy 290 and Esperanza Tr, featuring scattered oaks, meadows, and a wet weather creek.
Property SizeContact for details
Days on Market497
Property Features for Lot 1 Highway 290 Unit 1
General Information
Standard status
Active
Property subtype
Land / Acreage, Farm & Ranch
Zoning
R-1
Taxes and HOA fees
Annual Taxes
$35
Amenities
Gated
Listing Agency:
Keller Williams Realty
(512) 762-2563
Listed By:
Sonny Allen · License #0299393
(512) 762-2563
Source:
Compass
Added: Apr 15, 2025
Changed: Aug 8
Last Checked: Mar 25 at 5:24PM
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 Keller Williams Realty
Investment Insights
Based on property information with market context.
This 25-acre tract (Lot 1, Highway 290, Unit 1) offers gated acreage with a scenic mix of scattered oaks, grassy meadows, and a wet weather creek. The land features gently rolling topography designed to provide privacy and views, and it is currently under wildlife tax valuation.
The property has over 1,400 feet of frontage along Hwy 290 and over 700 feet of frontage along Esperanza Tr, forming a corner tract. It is located in Tierra Manana, a designed acreage subdivision with higher end custom homes, positioned in an area between Dripping Springs and Johnson City. The offering notes that, per POA approval, this is one of only two lots that allow commercial usage within the subdivision.
Buyers can consider the property as a residential homesite or, subject to POA approval, for commercial use.
The property has over 1,400 feet of frontage along Hwy 290 and over 700 feet of frontage along Esperanza Tr, forming a corner tract. It is located in Tierra Manana, a designed acreage subdivision with higher end custom homes, positioned in an area between Dripping Springs and Johnson City. The offering notes that, per POA approval, this is one of only two lots that allow commercial usage within the subdivision.
Buyers can consider the property as a residential homesite or, subject to POA approval, for commercial use.
Key Highlights
- 25‑acre gated acreage tract with frontage along Hwy 290 and Esperanza Tr (corner lot).
- Over 1,400 ft of frontage on Hwy 290 and over 700 ft of frontage on Esperanza Tr.
- Scattered oaks, grassy meadows, and a wet weather creek across the property.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
142
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Gated 25-acre tract with frontage along Hwy 290 and Esperanza Tr, featuring scattered oaks, meadows, and a wet weather creek.
Where is this commercial land located?
The property is located at Lot 1 Highway 290 Unit 1 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: 25‑acre gated acreage tract with frontage along Hwy 290 and Esperanza Tr (corner lot).; Over 1,400 ft of frontage on Hwy 290 and over 700 ft of frontage on Esperanza Tr.; Scattered oaks, grassy meadows, and a wet weather creek across the property.
