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3,352
square ft

505 Hwy 290 E
Elgin, Texas 78621

Closed / MLS #4924792 / Multiple Family / Elgin
Listing information updated 6/6/2025 at 11:47am
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.
Exterior Type:
HardiPlank Type
Water Front:
No
Square Feet:
3,352
Lot Size:
0.258 Acres
Acreage:
0.258
Built:
1960
Parking Spaces:
7
Cooling System:
Wall/Window Unit(s)
Current Use:
Residential, See Remarks
Additional Information:
(512) 281-3336
Rentable Square Feet:
3,352
Building Square Feet:
3,352
Tax Amount:
$8,801
Tax Year:
2024
Zip Code:
78621
City:
Elgin
County:
Bastrop

Listing Office: Sterling & Associates R.E.

Agent Contact Information: (512) 281-3336

Disclaimer: The data relating to real estate for sale on this website comes courtesy of Unlock MLS as distributed by MLS GRID. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 6/6/2025 at 11:47am. 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.

$314,510
Average Sale Price
123
Average Days On The Market
93%
Sales Prices VS. List Price
Data represents the community area’s average over the past 12 months. All information deemed reliable, but not guaranteed.
Map of 505 Hwy 290 E, Elgin, TX 78621

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505 Hwy 290 E, Elgin, TX 78621 is a multiple family which sold for . This multiple family has been listed on Christie’s International Real Estate @properties lone star since March 27th, 2025 and was built in 1960.