16023 290 Hwy Elgin, TX 78621
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.
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
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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.