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Property profile & analytics
OFF-MARKET
Land

16023 290 Hwy Elgin, TX 78621

4.9 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 4.901-acre commercial land parcel in Elgin, Travis County, Texas (zip code 78621), presents a remarkable development opportunity. Located at 16023 E 290 Hwy, this property boasts a prime location within Manor City Limits, offering excellent visibility and accessibility. The site plan is already approved, allowing for the construction of up to 55,000 square feet of buildings. Zoned GO (Elgin ETJ), this land is suitable for office, light warehouse, or retail uses. Utilities, including electricity and water, are readily available on-site, simplifying the development process. The property benefits from significant frontage on Highway 290, providing easy access to major thoroughfares such as Highway 183, SH-45, SH-130, and SH-71, ensuring excellent connectivity and high traffic exposure. This location offers a strategic advantage, situated conveniently between the growing communities of Manor and Elgin, Texas. The property's size, zoning, and location combine to create a compelling investment opportunity in a rapidly expanding area. Contact for pricing.

Property profile
Verified
Property type Land
Lot 4.9 ac (213,488 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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