18401 E US Highway 290, Elgin TX 78621

$ 4,800,000
18401 E US Highway 290, Elgin TX 78621,

Overview

  • Property ID
  • 2517098
  • 11 ac

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.**

Other Features
Electrical Utility Available
Property Id : 2517098
Price: $ 4,800,000
Property Lot Size: 11 ac
Parking Features: None
Lot Size(acres): 10.89
Lot Size(sf): 474368.4
Country: US
Last Listing Change: 2025-11-20T00:00:07.430Z
Listing Detail URL: https://www.goldtier.net/properties/elgin-10-89-acres
Property Key: 48453|237082|1|142584761
Status Contractual Search Date: 2025-11-19
Listing Key Numeric: 212387653
Est. Taxes: 5503.95
Originating System Key: actris
Originating System Name: ABOR - actris
FEMA Flood Plain: Partial
#Photos: 8
State: TX
Last Status Change: November 20, 2025 at 12:00am
Street Name: E US Highway 290
Street# Ext.: 18401
Street#: 18401
Property Match: APN
Building Area Total: 0
Building Features: See Remarks
Construction Materials: None
Current Use: Agricultural
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 the road curves. Stay on US-290 the entire way, and as you approach Elgin, watch for your destination on the right. The address 18401 E US Highway 290, Elgin, TX 78621 will be clearly visible from the highway.
Listing ID: 9240557
Listing Terms: Cash, Conventional
MLS Area Major: EL
Status: Active
#Buildings: 0
Other Structures: None
Parcel#: 237082
Possession: Close Of Escrow
Property Condition: To Be Built
Sewer: Municipal Utility District (MUD)
Special Listing Conditions: See Remarks
Utilities: Electricity Available, Sewer Available, Water Available
View: Creek/Stream, Park/Greenbelt
Water Source: Municipal Utility District (MUD)
$ 32,871.41
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 24,271.41
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Info is deemed accurate but not guaranteed. Published info is subject to change. Buyers should conduct their own due diligence and research.

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