25 days on rocket

1803 Upper Elgin River Rd, Elgin, TX, 78621

$12,258,840

185.74 Acres
Land
Schools Nearby

Location

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Property Highlights

Home TypeOther
MLS #28851554
Lot Size185.74 Acres
StatusActive

About 1803 Upper Elgin River Rd

PRIME LOCATION ALERT! Secure your stake in the future with this expansive 185.74-acre plot in Bastrop County. Just 10 minutes from SpaceX's local factory and centrally located between Tesla Giga factory and SpaceX/Boring Company area, this property offers unparalleled accessibility. Situated a mere 5-minute drive from the site of Spiderwood studios, future high-tech studio spaces, an amphitheater, and more promise excitement. Close to the planned Montessori school and future residential developments, it's part of Musk's vision for a live-work-play environment. Additionally, it's 15 minutes from Trinity Ranch subdivision and offers stunning views of the Austin skyline. With agriculture/wildlife exempt status, mature trees, ponds, and creek, it's a nature lover's dream. Aqua-water and electricity infrastructure are already in place, with preliminary development plans completed. Perfectly positioned for easy access to key destinations, this property is a prime investment opportunity!

Property Details

Property Features

Listing Office:

  • Office Name: Forever Realty, LLC
  • Office Phone: (281) 566-2562
  • Listing Agent: Harold Xia

Lot Features

Lot Information:

  • Lot: Wooded
  • Lot Size: 185.74 Acres

School Info

Assigned Schools Information:

  • Elgin High School, Public District Grades 9-12
  • Elgin Middle School, Public District Grades 6-8
  • Elgin Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: Please call Showing Contact Phone and schedule the showing time. Directions: A few minutes drive of FM Highway 969 very near the Travis/Bastrop County line on the top of a large hill facing the Austin skyline, or following GPS guided directions.

Price Information

Listing Price Info

Price Summary:

  • List Price: $12,258,840
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Housing Market Comparison

See how this home compares to others in Elgin, TX.

Med. Sold Price

$325K

Med. Price/SqFt

$199

Avg. Days On Market

79

# of Sold Homes

23

1803 Upper Elgin River Rd vs Elgin

25 DAYS ON ROCKET

-54 Days

$12,258,840

+$11.9M More

KEY TAKEAWAY

This property is $11.9M more than the Median Sold Price in Elgin, TX.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: HAR
  • MLS Number: #28851554

Listing Office:

  • Office Name: Forever Realty, LLC
  • Office Phone: (281) 566-2562
  • Listing Agent: Harold Xia

Broker ReciprocityDisclaimer: The MLS data is provided exclusively to Participants or Subscribers for display on their website solely for consumers’ personal, non-commercial use, that the MLS data may not be used for any purpose other than to display prospective properties consumers may be interested in purchasing or leasing. Information contained on the computer print-outs of the Multiple Listing Service (MLS) of the HOUSTON REALTORS® INFORMATION SERVICE (HRIS) is furnished by MLS Participants for dissemination to other MLS Participants, for their exclusive use, and should not be relied upon by Buyer/Tenant or any other person. There is no express or implied warranty by HRIS or MLS as to the accuracy of such information, which should be independently verified by Buyer/Tenant or such other person. MLS does not verify the information and disclaims any responsibility for its accuracy. Any estimate of value was prepared using automated processes and should not be considered a comparative market analysis (CMA) or appraisal. You may contact us to provide additional information and analysis for a more accurate estimate of the property's value. Digital images modified or enhanced to alter real property characteristics contain a visible and legible watermark across the bottom of the image “Image does not represent actual property as is”.

Copyright© 2024 Houston Realtors Information Service, Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


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Last updated on: 5/2/2024, 6:25:14 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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$61.2K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$36.8K

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-4574331
4
/10
  • Elgin Elementary School

  • 1005 W 2nd St

  • 8.04 miles

  • Public District Grades PK-5

Middle School

school-card-donut-4574332
3
/10
  • Elgin Middle School

  • 1351 N Avenue C

  • 8.41 miles

  • Public District Grades 6-8

High School

school-card-donut-4574333
3
/10
  • Elgin High School

  • 14000 County Line Rd

  • 8.56 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $52,957. Most Elgin, TX residents have annual incomes between $35k-100k. The majority of families are married, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1803 Upper Elgin River Rd

What is the listing price of this property?

The listing price of 1803 Upper Elgin River Rd property is $12,258,840.

What type of property is this?

The property 1803 Upper Elgin River Rd is land located in Elgin, Texas, 78621.

Is this property for sale now?

Active Listing: 1803 Upper Elgin River Rd is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1803 Upper Elgin River Rd are:
Elgin Elementary School: GreatSchools Rating 4/10
Elgin Middle School: GreatSchools Rating 3/10
Elgin High School: GreatSchools Rating 3/10

How much acreage is this property?

The property 1803 Upper Elgin River Rd is 185.74 acres.
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Rocket HomesTexasBastrop CountyElgin786211803 Upper Elgin River Rd

This home is located at 1803 Upper Elgin River Rd in Elgin, TX and zip code 78621 in the Texas Heritage neighborhood. This home sits on a 185.74 acre lot. It has been listed on Rocket Homes since April 06, 2024 and is currently priced at $12,258,840.

In April 2024, from all listings sold in Elgin, TX there were more than 7 sold above asking price, over 8 sold below and more than 8 were sold right at the asked price. The inventory of homes for sale in Elgin, TX between March 2024 and April 2024 increased by 7.6%. The median list price of listings available in April 2024 was $325,020, while the average time on the real estate market was 79 days.

From Rocket Homes Real Estate and based on county public records data.

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