1389 Highway 290

Elgin, TX 78621 · Bastrop County

$1,500,000Price
4Beds
1389 Highway 290
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▶ Virtual Tour

Description

Are you looking for a commercial location on one of the busiest highways in Texas between Austin and Houston? Welcome to 1389 Highway 290 E. in Elgin, Texas. This unrestricted +/- 10.75-acre property offers incredible flexibility and endless potential for commercial, residential, investment, or mixed-use opportunities in one of Central Texas’ fastest-growing corridors.The property features a residential component offering over 2,500 square feet per owner, which could serve as office space, living quarters, or a combination of both. Also included is a 2,400-square-foot red iron steel building with two roll-up doors (12x12 and 8x16 with electric opener), ideal for warehousing, equipment storage, workshop space, or business operations.Additional improvements include a well that is in working order with a transferable 5-year warranty. The well pump, controller, and motor have all been recently replaced. The irrigation system is also currently operational. Conveniently located approximately 7 miles from downtown Elgin, 17 miles from Bastrop, 35 miles from Austin-Bergstrom International Airport, 32 miles from downtown Austin, 25 miles from the Samsung facility in Taylor, and 30 miles from the Tesla plant, this property is positioned perfectly to benefit from the tremendous growth happening throughout Central Texas. Buyer and/or buyer’s agent to verify all information including measurements, intended use, restrictions, utilities, and development requirements.

Contact Agent

C
Col Realty
Col Realty
(512) 699-3810

Property Details

StatusActive
MLS #ACT238282446
Taxes$10,309 (2025) / year
TypeFarm
Year Built1958
Lot Size10.75 AC / 468,444 SF
CountyBastrop
SubdivisionBlack, Joseph
Garage Spaces4

Property Information

Interior

See Remarks

Exterior

None

Appliances

See Remarks

Community

None

Parking

See RemarksDetachedGarageOutsideWorkshop in Garage

Utilities & Construction

Heat: CentralAC: Central AirConcrete, Laminate, Tile, WoodRoof: See RemarksFoundation: Pillar/Post/Pier, Slab

Directions: From Elgin take Hwy 290, go approx 2 miles property is on the right. Look for sign.

Location

Property History

DateEventPrice
Aug 13, 2026 Listed (Active) · MLS# ACT238282446 $1,500,000
— Original List Price $1,900,000

Full transaction history may not be available. Data sourced from ACTRIS MLS.

Public Records

Tax Record 2025$10,309
Year Built1958
Beds4
Lot Size468,444 Sq. Ft.
StyleFarm
CountyBASTROP
MLS #ACT238282446

Schools

E
McDade
Public · Elementary · Serves this home
M
McDade
Public · Middle School · Serves this home
H
McDade
Public · High School · Serves this home

Please verify enrollment eligibility directly with schools.

$1,500,000
1389 Highway 290, Elgin, TX

By submitting, you agree to be contacted by Col Realty.

Payment Estimate

—
Estimated monthly payment
Principal & Interest—
Property Taxes—

For illustrative purposes only. Contact a lender for accurate figures.