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505 E Highway 290 Elgin, TX 78621
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Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 3,352 sqft
Price per Sqft $104
Subdivision Stoval
MLS Listing ID 9246435
Sold Date 06/06/25
Bedrooms 5
Full Baths 5
HOA Y/N No
Year Built 1960
Tax Year 2011
Lot Size 0.258 Acres
Acres 0.258
Property Sub-Type Single Family Residence
Source actris
Property 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 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.
Location
State TX
County Bastrop
Area El
Rooms
Main Level Bedrooms 3
Interior
Interior Features Interior Steps, See Remarks
Heating See Remarks
Cooling Wall/Window Unit(s)
Flooring Carpet, See Remarks
Fireplace Y
Appliance Electric Cooktop, Oven
Exterior
Exterior Feature None
Fence None
Pool Above Ground, See Remarks
Community Features None
Utilities Available Electricity Available
Waterfront Description None
View None
Roof Type Metal
Accessibility None
Porch None
Total Parking Spaces 10
Private Pool Yes
Building
Lot Description Level
Faces North
Foundation Slab
Sewer Septic Tank
Water Private
Level or Stories Two
Structure Type Other
New Construction No
Schools
Elementary Schools Booker T Washington
Middle Schools Elgin
High Schools Elgin
School District Elgin Isd
Others
Restrictions See Remarks
Ownership Fee-Simple
Acceptable Financing Cash, Conventional
Tax Rate 1.827
Listing Terms Cash, Conventional
Special Listing Condition Estate
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Bought with Pacesetter Properties