18401 US-290 - Commercial LAND FOR SALE


Elgin, TX 78621 474,368 SF
$4,800,000 USD
512-674-5727
18401 US-290, Elgin, TX for Sale
$4,800,000 USD
Commercial LAND - FOR SALE
1/8
474,368 SF

18401 US-290
Elgin, TX 78621


HIGHLIGHTS

  • Entitled for up to 300 multi-family units (concept plan at 276 units)
  • Highway 290 frontage and visibility
  • Seller delivering roads and full utility infrastructure
  • Direct adjacency to new City of Elgin park and hike-and-bike trail system
  • Surrounded by major new development, including DR Horton townhomes and Huntington retail sites

OVERVIEW

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.**

FOR SALE DETAILS

PRICE

$4,800,000 USD

PRICE/ACRE

$440,772/AC

PRICE/SF

$10 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

Approved 300 Unit Multi-Family Site

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

-

LAND ACRES

10.89 AC

LAND SF

474,368 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets, Curb/Gutter/Sidewalk, Cable, Telephone, Irrigation

ZONING

Multi-Family

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Colin TierneyGold Tier Real Estate, LLC.More Info
512-674-5727

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Colin TierneyGold Tier Real Estate, LLC.More Info
512-674-5727

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.