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Property profile & analytics
OFF-MARKET
Mixed-use properties

126 Abel Ln Elgin, TX 78621

12,000 SF 37.5 ac lot Built 1976
Property ID
Property summary
AI-generated overview

This exceptional 37.5-acre mixed-use property near Elgin, TX, presents a unique investment opportunity. The expansive land boasts 20 acres of improved pasture, numerous hardwood trees, and two paved road frontages with dual entrances. Extensive equestrian facilities include two barns with 28 stalls (each with automatic waterers and electric), a horse/cattle barn with five runs, dog kennels, numerous holding/turnout pens, and a 1,000+ bale hay storage area. Additional improvements feature two climate-controlled tack rooms, a 100x100 covered arena with sprinklers and lighting, a 160' round pen (lighted with sprinklers), a covered cattle working area with a squeeze chute, a six-horse walker, five RV hookups, 21 security cameras, two wash racks (hot/cold water), and a 20x20 enclosed shop. The property includes three homes: a 2,074 sq ft, 3 bed/2 bath main residence

Property profile
Verified
Property type Mixed-use properties
Year built 1976
Total area 12,000 SF
Lot 37.5 ac (1,633,500 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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