Highway 290 E Lot 1, Elgin, TX, 78621
About This Home
This expansive 22.4-acre unrestricted agricultural property, located approximately 640 feet of frontage just off U.S. Highway 290 E, offers unparalleled potential for a variety of uses, from commercial ventures to personal estates. The property is ready for immediate development or personal enjoyment. Accessed Highway 290 E to a private gravel entrance, it provides both privacy and convenience, situated only 4.2 miles from downtown Elgin and approximately 19.3 miles from Bastrop. Spacious open three bay welding shop. With no zoning restrictions, the possibilities are vast— whether you're looking to start a business, build your dream home, or invest in agricultural endeavors. Water well is for irrigation, which irrigates the farm being used to irrigate the hayfield, Aqua water available for structures. Additionally, an adjacent property is currently listed for sale, offering an opportunity to expand your holdings. For more details, refer to ABOR MLS number: 9024823. Don't miss out on this rare opportunity to own a prime piece of Texas land with limitless potential.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Type & Style
- Home type: SingleFamily
- Property subType: Farm
Property
Details
- Parcel number: 13331
- Special condition: Standard
Features
- Fencing: Partial
- Has view: Yes
- View description: Pasture
- Waterfront features: None
- Horses can be raised: Yes
Lot
- Lot size: 22.40 Acres
- Features: Agricultural,Farm,Few Trees,Gentle Sloping,Level
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Tornado
- Cold Wave
- Hail
- Heat Wave
- Inland Flooding
- Lightning
- Strong Wind
- Winter Weather
- Drought
How This Home’s Risks Compare
FEMA Declared Disasters Across Texas Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $11,213 | $134,556 |
| Home Insurance * | $1,356 | $16,272 |
| Property Taxes | $2,162 | $25,944 |
| Electricity | $238 | $2,859 |
| Total | $14,969 | $179,628 |
Income You'd Need if You Spent...
Texas FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-06 | Listed for sale | $2,217,600 |
| 2025-12-18 | Listing removed | $2,688,000 |
| 2025-06-02 | Listed for sale | $2,688,000 |
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