Current Use by Public Records
- Commercial real estate
Property Details for Swenson Blvd
- Lot size
- 28.89 lot acres
- Property type
- Commercial real estate
Description
This exceptional 28.89-acre commercial property in Elgin, Texas, presents a unique investment opportunity. Currently enjoying agricultural exemption, the land is free from zoning or deed restrictions, offering maximum flexibility for development. Its strategic location provides unparalleled access to major retail anchors, including H-E-B, Walmart Supercenter, and Family Dollar, all less than a mile away. The property boasts 794 feet of frontage on Swenson Boulevard and is situated adjacent to Trinity Ranch, a burgeoning 1,700-home master-planned community, and a business park, ensuring significant future growth and high visibility. Convenient access to Highway 290 is a key advantage, with a 2022 Texas Department of Transportation traffic count revealing an average daily traffic volume of 33,001 vehicles on this major thoroughfare. The property's proximity to Samsung Austin Semiconductor in Taylor (20 minutes), Downtown Austin (35 minutes), and Round Rock (40 minutes) further enhances its appeal. Furthermore, this property is located within a Qualified Opportunity Zone (Census Tract 9502), providing potential tax advantages for investors. The intersection of US-290 is only 1/3 of a mile away, offering easy access to a major transportation artery. This presents a rare chance to acquire a substantial parcel of land in a rapidly developing area with significant upside potential.
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
- Bastrop
- State
- Texas
- Longitude
- -97.3794
- Latitude
- 30.3432
