579 Upper Elgin River Road , Elgin, TX 78621(Bastrop County)

One of the most compelling aspects of this property is its unparalleled location. Proximity to major highways and essential infrastructure makes it an attractive option for commercial, residential, or agricultural use. Just a short drive from Austin-Bergstrom International Airport, the land offers convenient access to domestic and international transportation routes, appealing to businesses and developers alike. Additionally, its location just minutes from Elgins vibrant downtown area provides easy access to shopping, dining, schools, and local services, enhancing the propertys desirability for residential or mixed-use developments.

Elgin, known as the "Sausage Capital of Texas," is steeped in history and charm, making it a popular destination for those seeking a blend of small-town appeal and metropolitan convenience. Over the past several years, the city has experienced an economic resurgence, fueled by increased job opportunities, improved infrastructure, and expanding commercial and residential projects. The propertys prime location, nestled within this thriving community, positions it as an exceptional asset for those looking to invest in a high-growth area.

Development Potential & Infrastructure

The propertys 95.867 acres provide ample space for diverse development opportunities. Whether your vision includes a residential subdivision, a commercial complex, an industrial park, or a combination of uses, this expansive tract of land can accommodate a broad range of development strategies. Public water and electricity are available nearby, eliminating the challenges associated with infrastructure installation and making the property even more attractive for large-scale projects.

Given the regions increasing demand for residential housing and commercial amenities, this land presents a viable solution to accommodate Elgins rapid growth. Developers will find the proximity to public utilities a significant advantage, reducing development costs and timelines. Additionally, the propertys terrain and layout offer flexibility for various land-use plans, maximizing its potential value.

Agricultural Exemption & Cost Savings

A notable financial benefit of this property is its agricultural exemption, which keeps annual property taxes exceptionally low, at under $900 per year. This exemption provides immediate cost savings for investors and developers while offering the option to maintain agricultural activities until development plans are executed. The ability to generate income through agricultural use while benefiting from significantly reduced tax burdens enhances the propertys appeal as a long-term investment.

For those interested in agricultural ventures, the lands expansive size and fertile soil make it well-suited for farming, ranching, or equestrian activities. The exemption also makes this an excellent option for those looking to acquire substantial acreage at a lower holding cost while the surrounding area continues to develop.

Explosive Growth in Elgin, TX

Elgins recent population surge underscores the increasing demand for housing, services, and commercial spaces. Since 2020, the citys population has grown by an astounding 34.14%, reaching 13,140 residents as of 2024. With an annual growth rate of 6.79%, Elgin is quickly becoming a sought-after destination for families, businesses, and developers looking to establish a presence in a flourishing market.

This rapid expansion is further supported by major development projects, including the 600-acre community by LanZola Communities directly across the street from this property. Such large-scale projects signal strong investor confidence in the areas potential, making this property an even more attractive investment. The influx of residents and businesses will continue to drive demand for housing, retail, and commercial spaces, reinforcing the long-term value of strategically located land like this one.

The citys growth is not limited to residential expansion; economic development initiatives are also creating job opportunities and fostering a robust business environment. As new businesses emerge and infrastructure improvements continue, property values in Elgin are expected to rise, making this an opportune time to invest in the area.

Investment Opportunity

For savvy investors, this property represents an exceptional opportunity to capitalize on Elgins upward trajectory. The combination of strategic location, extensive acreage, available utilities, and agricultural exemption makes it a highly attractive asset for those seeking short-term development gains or long-term appreciation.

Given the ongoing development boom and the increasing interest in Central Texas real estate, the demand for well-positioned, large-acreage properties continues to grow. Investors looking to acquire land before prices escalate further will find this property to be a compelling choice. Whether for immediate development or a long-term hold, this land offers substantial potential for return on investment.

Endless Possibilities

The unrestricted nature of this property provides unparalleled flexibility in usage. Potential development options include:

Residential Subdivision: With Elgins rapid population growth, there is a strong demand for housing, from single-family homes to multi-family developments. The propertys size allows for a thoughtfully designed residential community.

Commercial Development: Proximity to major roadways and growing consumer demand make this land an excellent site for retail centers, office spaces, or mixed-use developments.

Industrial Use: With access to essential utilities and ample space, the property can support industrial projects, warehouses, or manufacturing facilities.

Agricultural & Recreational Use: For those seeking land for farming, ranching, or equestrian purposes, this property provides a prime opportunity with significant cost savings through the agricultural exemption.

Land Banking: Investors looking for long-term appreciation can hold this property while benefiting from its low annual tax costs and increasing market value.

The Future of Elgin & Your Investment

Elgins future as a booming residential and commercial hub is becoming increasingly evident. The citys proximity to Austin, combined with its own expanding infrastructure and economic growth, makes it an attractive destination for individuals and businesses alike. As demand for land continues to rise, securing a property of this size and caliber now can yield substantial future benefits.

The continued expansion of Austins metropolitan area is expected to drive more residents and businesses into surrounding cities like Elgin, creating a heightened need for housing, services, and commercial establishments. Investors and developers who recognize this trend have a unique opportunity to be part of Elgins transformation and economic prosperity.

Conclusion

This 95.867-acre unrestricted property stands as a rare and exceptional opportunity in the heart of Central Texas booming real estate market. With its strategic location just minutes from downtown Elgin and Austin-Bergstrom International Airport, the property is perfectly positioned for development and investment. Public utilities nearby, an agricultural exemption offering financial benefits, and the areas remarkable population growth all contribute to the lands unparalleled value.

Whether you are an investor seeking a lucrative opportunity, a developer looking to create a master-planned community, or a business owner searching for prime commercial land, this property offers limitless potential. As Elgin continues its rapid expansion, now is the time to secure a piece of this thriving region and capitalize on the opportunities it presents. Dont miss your chance to be a part of Elgins exciting futurereach out today to explore this incredible investment opportunity!