Current Use by Public Records
- Land
Property Details for 16005 Us-290
- Lot size
- 4.00 lot acres
- Property type
- Land
Description
This exceptional 4-acre commercial land parcel presents a unique investment opportunity in the rapidly growing Elgin, Texas area. Strategically located on US Highway 290, this property boasts over 200 feet of highway frontage, ensuring high visibility and accessibility for any commercial venture. Its convenient location between Manor and Elgin, Texas, places it within a thriving corridor experiencing significant population growth. The property is situated within the Manor ETJ (Extraterritorial Jurisdiction), offering potential advantages for development. Infrastructure is readily available, with water and electric lines conveniently located at the property line, simplifying the development process. The area's dynamic growth is underscored by Manor's impressive population increase of 32.7 percent between April 2020 and July 2021, as reported by the U.S. Census Bureau. This indicates a strong and expanding market, making this 4-acre tract an ideal platform for a variety of commercial uses. The asking price for this prime commercial land is $958,000. This property is offered for sale by owner. The address is 16005 US-290, Elgin, TX 78621, located in Travis County.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Elgin
- County
- Travis
- State
- Texas
- Longitude
- -97.4662
- Latitude
- 30.3513
