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    174 Wilson Rd Elgin, TX 78621

    Sponsored
    For Sale
    $650,000

    12.92 Acres, Ag-Exempt, $650,000

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 12.92-acre property in Elgin, Texas, presents a unique opportunity for commercial or agricultural ventures. Located in Bastrop County (APN 99526), this ag-exempt land boasts no floodplain designation, offering peace of mind and development flexibility. The property includes two existing barn structures, a water well, and electricity, with sewer and cooperative water readily available. A tranquil pond nestled beneath mature oak trees provides shade for the expansive grazing pasture, ideal for cattle or horses. Existing infrastructure includes corrals, cattle pens, and chutes, enhancing its agricultural potential. Nine productive beehives are also included in the sale. Situated just minutes from Samsung in Taylor and approximately 30 minutes from Tesla, this location offers convenient access to major employers. The property's proximity to historic downtown Elgin (5 minutes) provides a blend of rural serenity and urban convenience. The asking price is $650,000. Built in 1980, this property has been on the market since May 30, 2024. The lot size is 562,882.32 square feet. Enjoy the tranquility of the countryside while benefiting from the strategic location near major employment centers. This unrestricted land is perfect for a rural homestead or commercial development.

    Property Features for 174 Wilson Rd

    General Information

    Property type
    Farms
    Lot Size
    562,882 SF

    HighLights

    • $650,000 asking price.
    • Farm property.
    • Active listing.
    • Located in Elgin, Texas.
    • 12.92 acres (562,882.32 sq ft).
    • Built in 1980, listed May 30, 2024.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Elgin
    County
    Bastrop
    State
    Texas
    Longitude
    -97.3874082
    Latitude
    30.2546022

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    FAQs

    What type of property is this?
    Farm - 12.92 Acres, Ag-Exempt, $650,000
    Where is this farm located?
    The property is located at 174 Wilson Rd Elgin, TX.
    What is the asking price?
    The asking price for this property is $650,000.
    What are key features of this property?
    This property features: $650,000 asking price.; Farm property.; Active listing.
    Request Owner's contact information
    174 Wilson Rd 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
    174 Wilson Rd Elgin, TX 78621
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