416 Depot ST, Elgin TX 78621

$ 1,200,000
416 Depot ST, Elgin TX 78621,

Overview

  • Property ID
  • 2602423
  • 5 Bedrooms
  • 6 Bathrooms
  • 7,015 ft2
  • 1 ac

Description

A rare opportunity to own a truly versatile property just minutes from the heart of downtown Elgin. This expansive 7,015 sq ft space is currently operating as a thriving hair salon and spa, yet it has been thoughtfully designed to easily transform into a residential, commercial, or mixed-use property.

Inside, you will find a flexible layout with temporary walls that create private rooms for the current business. These can be removed to reveal a wide-open, airy floor plan ready for your next vision. Whether you are dreaming of a boutique, wellness center, creative studio, office headquarters, event venue, or a one-of-a-kind live-work residence, this space delivers the square footage and adaptability to make it happen.

An attached studio with its own private entrance adds even more opportunity. It is ideal for rental income, a separate business, guest suite, or private office.

Perfectly positioned near booming downtown Elgin, this property offers the best of both worlds. You get privacy and space while staying just moments away from dining, shopping, and the vibrant energy of a growing city. High visibility, easy access, and strong surrounding development make this an exceptional long-term investment.

This is not just a property. It is a canvas for your next chapter.

Outdoor Details
balcony
Other Features
None
See Remarks
Property Id : 2602423
Price: $ 1,200,000
Property Size: 7,015 ft2
Property Lot Size: 1 ac
Bedrooms: 5
Bathrooms: 6
Parking Features: None
Lot Size(acres): 0.967
Lot Size(sf): 42122.52
Country: US
Last Listing Change: 2026-01-23T16:48:03.593Z
Property Key: 48021|000000014880|1|46780316
Status Contractual Search Date: 2026-01-23
Listing Key Numeric: 217103423
Est. Taxes: 15401
Originating System Key: actris
Originating System Name: ABOR - actris
FEMA Flood Plain: No
#Photos: 22
State: TX
Last Status Change: January 23, 2026 at 03:02pm
Street Name: Depot
Laundry Location: Inside
Street# Ext.: 416
Street#: 416
Street Suffix: ST
#Dining: 2
#Living: 2
#Other Level Beds: 2
Property Match: APN
$/SF: 171.06
Tax Filled SF Total: 7015
Accessibility Features: None
Full Baths: 6
Half Baths: 0
Total Baths: 6
Community Features: See Remarks
Construction Materials: See Remarks
Cooling: Other
Covered Spaces: 3
Faces: North
Directions: From Hwy 290 coming from Austin, you take a left and follow the road until you see the railroad tracks. Its tucked away.
Elem School: Elgin
Elem School District: Elgin ISD
Fencing: None
Fireplace Features: See Remarks
#Fireplaces: 1
Flooring: Concrete
Foundation Details: See Remarks
Garage Spaces: 3
Heating: See Remarks
High School: Elgin
High School District: Elgin ISD
Levels: Two
Listing ID: 1731722
Listing Terms: Cash, Conventional
SF Source: Public Records
Lot Features: Trees-Moderate
MLS Area Major: EL
Main Level Beds: 3
Middle School: Elgin
Middle School District: Elgin ISD
Status: Active
Other Structures: See Remarks, Second Residence
Parcel#: 14880
Patio And Porch Features: See Remarks
Pool Features: None
Possession: Close Of Escrow, Funding
Property Condition: See Remarks
Roof: Aluminum, Metal
Sewer: See Remarks
Special Listing Conditions: Standard
Tax Annual($): 15400.93
Utilities: See Remarks
View: None
Water Source: See Remarks
Waterfront Features: None
Window Features: See Remarks
Year Built: 1981
$ 8,217.85
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 6,067.85
Wed 25 Feb
Thu 26 Feb
Fri 27 Feb
Sat 28 Feb
Sun 01 Mar
Mon 02 Mar
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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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Gerald Bodle, MBA