18401 E Us Highway 290, Elgin, TX, 78621 - MLS# 9240557

$4,800,000

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Acres 10.89
Property Type Commercial
Parking None
Days on Market 329

About 18401 E Us Highway 290

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.**

Location

Legal Description 10.89 acres out of ABS 345 SUR 53 HINES W ACR 75.2565
Address 18401 E Us Highway 290
County Travis
City Elgin
Zip Code 78621
Subdivision n/a
MLS Area EL

Size and Restrictions

Acres 10.89
Horses Allowed No
$/Acre $440,771

Improvements

Parking None

Features

View Park/Greenbelt, Creek/Stream

Utilities

Water Municipal Utility District
Utilities Electricity Available, Sewer Available, Water Available

Beds and Baths

Primary on Main No

Garage and Parking

Garage No
Parking None

Financial

$/Acre $440,771
Special Conditions CityRestrictions,SeeRemarks,ZoningRestrictions
Documents Available Aerial
Disclosures None

Property Taxes

Appraisal District Travis
Tax ID 237082
Tax Year 2024

Homeowner Association

Has HOA No

Listing Details

OfficeGold Tier Real Estate, LLC
Contact Info(512) 674-5727

Listing Map

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