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    15820 County Line Rd Elgin, TX 78621

    For Sale
    Contact for pricing

    Prime Texas farmland, Austin proximity, development potential.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional 15.04-acre farm presents a unique investment opportunity in the rapidly growing Elgin, Texas area. Located just 2.9 miles from Highway 290, this property boasts 600 feet of road frontage and benefits from its location within the Elgin ETJ (Extra Territorial Jurisdiction). The land is characterized by flat, even terrain, making it ideal for various development projects. Utilities including water, phone, and electricity are readily available. The property's strategic position is further enhanced by its proximity to over 1,800 existing homes and a planned 400+ acre commercial development. Its location offers easy access to major employers such as the new Samsung facility in Taylor (minutes away) and Tesla (approximately 30 minutes away). The absence of restrictive covenants and the presence of an existing agricultural exemption add to its appeal. Furthermore, the property is situated outside of any flood plain, minimizing risk. This ready-to-develop land is perfect for investors, builders, or developers seeking to capitalize on the booming Austin-area market, with potential uses including residential subdivisions, apartments, commercial ventures, or warehousing.

    Property Features for 15820 County Line Rd

    General Information

    Property type
    Farms
    Lot Size
    655,142 SF

    HighLights

    • 15.04‑acre farm in Elgin, TX.
    • Located in the Elgin growth corridor, minutes from Hwy 290.
    • 600 feet of road frontage and flat terrain.
    • No restrictions; water, phone, and electric available.
    • Ag exemption in place; no floodplain.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Elgin
    County
    Travis
    State
    Texas
    Longitude
    -97.3868114
    Latitude
    30.3935673

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    FAQs

    What type of property is this?
    Farm - Prime Texas farmland, Austin proximity, development potential.
    Where is this farm located?
    The property is located at 15820 County Line Rd Elgin, TX.
    What are key features of this property?
    This property features: 15.04-acre farm in Elgin, TX.; Located in the Elgin growth corridor, minutes from Hwy 290.; 600 feet of road frontage and flat terrain.
    Request Owner's contact information
    15820 County Line Rd 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
    15820 County Line Rd Elgin, TX 78621
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