Water Views - New Construction
Address
18401 E Us Highway 290, Elgin, TX
Price
$ 4,800,000
Property Attributes
- MLS#9240557
- TypeCommercial
- Listing Status Active
- CountyTRAVIS
- CityElgin
- AreaEL
- Zip78621
- Style
- Taxes$ 5503
- Price$ 4,800,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size10.89 Acres
Data Source:
Austin Board of REALTORS® (ABOR) as distributed by MLS GRID
Property Description
Gold Tier Real Estate is proud to present a ±10.89-acre, fully entitled multi-family development site along Highway 290 in Elgin, Texas. With utilities and road infrastructure being delivered by the seller—and an approved Development Agreement already in place—this tract offers a true turn-key opportunity for a garden-style multi-family developer. The property is zoned for up to 300 units, and a conceptual site plan reflecting 276 units is available for review. As part of the master development, the seller is constructing a new City of Elgin park and nature-trail hiking center that will sit directly adjacent to the site, providing a high-value amenity for future residents. Neighboring development continues to enhance the area’s long-term appeal: DR Horton is developing townhomes on the western parcel. Huntington Properties is delivering new, high-traffic retail along the Highway 290 commercial pads. **Broker does not warrant the accuracy of any information provided. Buyer is to conduct their independent due diligence.**
| Price History | |
|---|---|
| 11/20/2025 | Listed $4,800,000 |
General Features
| Sewer | MUD |
|---|---|
| Utilities | Electricity Available,Sewer Available,Water Available |
| Zoning | See Remarks |
| Construction Materials | Other |
| View | Creek/Stream,Park/Greenbelt |
| Property Subtype | See Remarks |
| Tax Year | 2024 |
| Current Use | Agricultural |
| County | Travis |
| New Construction | No |
| Property Type | Commercial Sale |
| Subdivision Name | n/a |
| Building Features | See Remarks |
| Other Structures | None |
| Status | Active |
| Directions | From central Austin,take US-290 East and continue for about 20–25 miles toward Elgin,passing through Manor as you stay on the highway. Follow the signs for Elgin/Bastrop,keeping to the right lanes as |
| City | Elgin |
| Disclosures | None |
| MLS Area | EL |
| Lot Size Square Feet | 474368.4 |
| Property Condition | To Be Built |
| Additional Parcels Y/N | No |
| Lease Type | None |
| Standard Status | Active |
Exterior Features
| Parking Features | None |
|---|---|
| Water Source | MUD |
| Lot Size Acres | 10.89 |
| Waterfront Y/N | No |
| Other Equipment | None |
| Horse Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in 78621
Price
Taxes
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All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating
