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
AVG $1.29M
$4.8M
Taxes
AVG $4,424
$5,503
Visits
AVG 74
86
Data Provided by Inside Real Estate®