Residential Lot in Elgin,
For Sale
$139,900
503 W Alamo St, Elgin, TX 78621
0.308-acre lot with teardown home, zoned for single/duplex.
Property SizeContact for details
Lot Size0.31 Acres
Days on Market120
Property Features for 503 W Alamo St
General Information
Standard status
Active
Lot size
0.31 Acres
Property subtype
Land
Listing Agency:
KWLS - T. Kerr Property Group
(512) 748-5343
Listed By:
Tanya Kerr · License #0708400
(512) 748-5343
Source:
Elliman
Added: Apr 27
Changed: Aug 8
Last Checked: Jul 15 at 10:46PM
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 KWLS - T. Kerr Property Group
Investment Insights
Based on property information with market context.
This 0.308-acre level lot presents an opportunity for investors and builders. Zoned R-3 (Single Family, Duplex, and Zero Lot Line Two-Family District), the property includes a teardown home, offering a blank canvas for redevelopment. The zoning allows for the construction of a single-family rental or duplex, potentially creating a long-term cash-flow opportunity. The absence of an HOA provides flexibility and fewer restrictions. Mature trees and the absence of neighbors on one side contribute to privacy and convenience. The location offers proximity to H-E-B, gyms, and major roadways. The bike score is 24, indicating it is somewhat bikeable, and the walk score is 0, indicating it is car-dependent.
Key Highlights
- Prime location close to H‑E‑B, gyms, and major roadways.
- R‑3 zoning allows for single‑family, duplex, or zero lot line two‑family development.
- 0.308‑acre level lot provides an ideal blank canvas for redevelopment.**
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
605
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?
Residential land & home lot - 0.308-acre lot with teardown home, zoned for single/duplex.
Where is this residential land & home lot located?
The property is located at 503 W Alamo St Elgin, TX.
What is the asking price?
The asking price for this property is $139,900.
What are key features of this property?
This property features: Prime location close to H‑E‑B, gyms, and major roadways.; R‑3 zoning allows for single‑family, duplex, or zero lot line two‑family development.; 0.308‑acre level lot provides an ideal blank canvas for redevelopment.**
