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$800,000
Est. payment /mo
0.49 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Site-Pad
Listing Status Active
Purchase Type For Sale
Subdivision The Frank Martinez Sub
MLS Listing ID 6891520
Year Built 2000
Annual Tax Amount $5,105
Tax Year 2024
Lot Size 0.490 Acres
Acres 0.49
Property Sub-Type Site-Pad
Source actris
Property Description
.49 acre lot On Hwy 290 with approximately 114 feet on Hwy 290! Zoned C3 Highway Commercial. Currently the lot is rented to a Taco Stand for $1000 per month on a month to month lease. Water and electric meter in place. Per TXDOT traffic count is approximately 32,820 cars per day. The projected growth for Elgin is substantial, this pad site provides great opportunity to be in the middle of it. Seller also owns the .43 acre lot to the east with the brick office building...he would sell both lots for $1,500,000 and would consider owner financing on the combined sale Behind this property is a 13.25 acres property with limited Highway frontage and a preliminary site plan for multi use. This property would greatly increase the ease of development, as well as being a good investment on it's own
Location
State TX
County Bastrop
Zoning C-3 Highway Commercial
Interior
Heating Central
Cooling Central Air, Wall/Window Unit(s)
Flooring See Remarks
Fireplace No
Exterior
Utilities Available Electricity Connected, Water Connected
View None
Total Parking Spaces 10
Building
Sewer Public Sewer
Water Public
Structure Type None
New Construction No
Others
Special Listing Condition Standard
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Listed by Winkler & Co. REALTORS, Menley