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Property profile & analytics
OFF-MARKET
Land

15820 County Line Rd Elgin, TX 78621

15.04 ac lot
Property ID
Property summary
AI-generated overview

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 profile
Verified
Property type Land
Lot 15.04 ac (655,142 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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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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