$12,258,840 $65,808 est/mo Sourced by Back At You

1803 Upper Elgin River Road Rd,Elgin, TX 78621

Elgin TX, 78621

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Description

Explore the vast potential of this 185.74-acre plot in Bastrop County, strategically poised for development. Located just a 10-minute drive from the future SpaceX factory and adjacent to the Boring Company on 130 Walker, Watson Rd., this parcel is also conveniently situated only 5 minutes from the upcoming Spiderwood Studios and a mere 10 minutes from the highly anticipated "River Crest Place" community. Positioned between Travis and Bastrop counties, the land offers panoramic views of the Austin skyline, making it an idyllic setting for various development ventures. Its agricultural/wildlife exempt status coupled with its natural featuresmature oaks, picturesque ponds, and a seasonal creekadds to its inherent charm. The availability of a preliminary development plan and a completed water feasibility study further streamlines the development process, ensuring efficient and sustainable growth. Noteworthy is the neighboring 1,700-home community on Upper Elgin River Road, signaling the area's robust growth potential and investment appeal. Moreover, the property's strategic location places it in close proximity to key landmarks and amenities. Within a 20-minute drive, one can reach the Tesla Giga Factory, Samsung factory, and Austin airport, facilitating ease of access for residents and businesses alike. Additionally, its proximity to film studios in Bastrop positions it as a prime location for filmmakers and entertainment enthusiasts. In essence, this parcel represents a harmonious blend of innovation, natural beauty, and strategic positioning. With its myriad development opportunities and proximity to vital infrastructure, it offers endless possibilities for those seeking to be at the forefront of progress and prosperity in the Bastrop County region.

Details

MLS#5593249
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site11
Listing Provided ByForever Realty | Harold Xia

Features

Acreage185.74
Property ViewNone

 Listings courtesy of Austin Board of REALTORS® MLS as distributed by MLS GRID.

Based on information submitted to the MLS GRID as of May 24, 2024 at 11:36:15 PM PDT All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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Learn More About This Property

StateTX
CountyBastrop
CityElgin
Zip Code78621
AreaEL
Community NameWells, Martin
School DistrictElgin
Elementary SchoolElgin
Middle SchoolElgin
High SchoolElgin
Listing VS Median (in Wells, Martin)
Price:
$12,258,840
low | high
Med:
$387,500
100% of Average
On Site:
11
low | high
Med:
308.000000
3.571428571429% of Average
Sourced by Back At You
Listing Updated: May 21, 2024 at 11:55:37 PM PDT