0.26 acres | #4924792
Description
This prime 0.258-acre property with Highway 290 frontage offers unbeatable location and is move-in ready! Perfect for investors, this property features 5 units— lots of potential you could live in one unit and rent out the other 4 or rent all 5 units—providing excellent income potential. The upstairs west unit has previously rented for $1,200, while the other 4 units could bring in $700 each. Please note, the pool conveys and the functionality of the pool is unknown. The property is being sold "As Is," and the condition is perfect for someone looking to maximize rental income. Don't miss out on this fantastic opportunity! Conveniently located less than a mile from the Heart of downtown Elgin, 18 mi from Bastrop, 25 mi from downtown Austin, 28 mi from Austin International Airport, 17.5 mi from Samsung Factory in Taylor, 23.6 miles from the Tesla plant.
Property Details
- Utility FeaturesElectricity Available
- SubdivisionStoval, Geo H
- Sewer InformationSeptic Tank
- Property SubtypeApartment
- Property TypePurchase
- Original List Price$499,000
- Utility SourcePrivate
- CountyBastrop
- MLS #4924792
- MLS #4924792
- Taxes Annual$8,801
- Cost499000
- Property ConditionResale
- Acres0.258
- Year Built1960
- Days on Market (Cumulative)3
Location
Legal
Based on information submitted to the MLS GRID as of 2025-03-28 22:08:47 UTC. 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.
The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Based on information from the Austin Board of REALTORS®. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided "AS IS" and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.
Last Updated: . Source: ACTRIS
Listing Courtesy
Listing Agent: Cecilia Whitley (#678862), Phone: (512) 281-3336
Listing Office: Sterling & Associates R.E. (#700695)

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