Current Use by Public Records
- Land
Property Details for 270 Us-Hwy 290
- Lot size
- 10.00 lot acres
- Property type
- Land
Description
This exceptional 10-34.6 acre tract of land presents a unique investment opportunity in Elgin, Texas. Strategically located on Highway 290, this property boasts 1209 feet of highway frontage, offering unparalleled visibility and accessibility. The land is zoned ETJ, providing flexibility for a variety of commercial and residential developments. Utilities are readily available, including electricity, natural gas, Elgin water, and fiber internet access directly at the site. To facilitate a smooth transaction, the seller will provide a survey. The property's location offers convenient access to major transportation arteries, with a 30-minute drive to downtown Austin. Its proximity to the Samsung and Tesla factories further enhances its appeal. For added convenience, Highway 95 is just half a mile away. The land is priced at $5.88 per square foot. The lease expires on September 16, 2024, and there is no remaining lease term. This is a rare opportunity to acquire a substantial parcel of land in a rapidly growing area with excellent infrastructure and proximity to major employers. The property is owned outright.
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
- -97.3546
- Latitude
- 30.3328
