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    Fm1100 Elgin, TX 78621

    For Sale
    $1,500,000

    Prime 14-acre commercial tract in Elgin, TX.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    367
    This exceptional 14.26-acre commercial land parcel presents a remarkable development opportunity situated in Elgin, Texas, just east of Austin. The property boasts a highly desirable location with convenient access via FM 1100. Utilities are readily available, including water and electric service, along with existing septic infrastructure. The land itself is characterized by a flat topography, eliminating any grading challenges and offering ease of development. Importantly, this property lies outside any designated flood zones, mitigating potential risks associated with flooding. The zoning designation is ETJ, ensuring minimal building restrictions and the absence of restrictive covenants, providing maximum flexibility for future development plans. This translates to significant advantages for developers seeking a straightforward and unrestricted project site. The asking price for this exceptional opportunity is $1,500,000. Given its size, location, and zoning, this property represents a compelling investment for those seeking a prime commercial development site in the rapidly growing Elgin area. The Travis County location offers further appeal to investors. The property's address is FM 1100, Elgin, TX 78621.

    Property Features for 0 Fm1100

    General Information

    Property type
    Land
    Lot Size
    621,166 SF

    HighLights

    • $1,500,000 asking price.
    • 14.26‑acre commercial land parcel.
    • Located in Elgin, Travis County, Texas, on FM 1100, zip code 78621.
    • ETJ zoning, allowing for flexible development with no building or deed restrictions.
    • Utilities available (water, electric, septic).
    • Flat topography and located outside flood zones.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Elgin
    County
    Travis
    State
    Texas
    Longitude
    -97.3892785
    Latitude
    30.3581597

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    FAQs

    What type of property is this?
    Land - Prime 14-acre commercial tract in Elgin, TX.
    Where is this land located?
    The property is located at Fm1100 Elgin, TX.
    What is the asking price?
    The asking price for this property is $1,500,000.
    What are key features of this property?
    This property features: $1,500,000 asking price.; 14.26-acre commercial land parcel.; Located in Elgin, Travis County, Texas, on FM 1100, zip code 78621.
    (512) 605-7494
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    Fm1100 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
    Fm1100 Elgin, TX 78621
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