126 Abel Ln Elgin, TX 78621
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
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.