1119 Co Rd Elgin, TX 78621
This exceptional 27.57-acre agricultural property in Elgin, Texas, presents a unique investment opportunity. Located at 1119 Co Rd 301, Elgin, TX 78621, this land boasts a large lot frontage on CR 301, cleared and flat in the front, transitioning to a flatter rear with partial trees and a small dry creek. Currently used for agricultural purposes, including cattle grazing, the property is perimeter fenced on three sides and features a gate. The land comprises two adjoining parcels (Lee County APN: 07082200000001AF, 9.321 acres and Williamson County parcel R539827, 18.246 acres), totaling 27.567 acres. Its location offers convenient access to the new Samsung plant in Taylor and is only 45 minutes from downtown Austin. The property is ag-exempt and presents numerous possibilities, including a potential small airplane runway, farmland, equestrian use, a Wagyu beef farm, or a gentleman's ranch. While currently used for cattle, the property's versatility allows for diverse development options. Restrictions are in place. The asking price is $990,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
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Property description
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