1389 Highway 290 E Elgin, TX $ 1,900,000
1389 Highway 290 E
$ 1,900,000
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1389 Highway 290 E

Elgin, TX, 78621
$ 1,900,000
Bedrooms-- Baths-- Sq 4,900
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Property for Rent in Elgin, TX

for $1,900,000. This 4,900 square foot property was built in 1958 on a lot size of 10.754.

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.

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Rental Active

Price

$ 1,900,000

Taxes

$ 10,309

Style

Mixed Use

Lot Size

10.754

Year Built

1958

Town/City

Elgin

County/Region

Bastrop

MLS | Web ID

5239360

Features
General
Sewer Septic Tank
Heating Central
Cooling Central Air
Utilities Electricity Available Electricity Connected Natural Gas Available Natural Gas Connected Water Available Water Connected
Construction Materials See Remarks HardiPlank Type Metal Siding
Year Built 1958
View See Remarks Trees/Woods
Property Subtype Mixed Use
Tax Year 2025
Current Use Residential
Accessibility None
County Bastrop
Operating Expense 0
New Construction N
Property Type Commercial Sale
Energy Efficient None
Subdivision Name Black Joseph
Building Features Appliances Kitchen Equipment Private Restrooms Washer Connections Washer/Dryer Connections
Green Sustainability None
Other Structures Residence Workshop
Status Active
Directions From Elgin take Hwy 290 go approx 2 miles property is on the right. Look for sign.
City Elgin
Disclosures Lead Base Paint Addendum
MLS Area EL
Lot Size Square Feet 468444.24
Tax Annual Amount 10308.55
Property Condition Resale
Leasable Area 4900
Lease Type None
Standard Status Active
Year Built Source Public Records
Tax Assessed Value 650706
Virtual Tour https://www.youtube.com/watch?v=1BpRW1qlYSg&feature=youtu.be
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Interior
Flooring Concrete Laminate Tile Wood
Total Bedrooms 0
Total Baths 0
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Exterior
Parking Features See Remarks Detached Garage Outside Workshop in Garage
Water Source Public Well
Total Parking 10
Foundation Details Pillar/Post/Pier Slab
Number of Buildings 2
Building Area Total 4900
Lot Size Acres 10.754
Waterfront Y/N N
Other Equipment None
Horse Y/N N
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Internal Only
Street Number 1 1389
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* Excluded Features
List By
Cecilia Whitley

Listing Agent

Sterling & Associates R.E.

Broker

cecilia@sterlingassociatesre.com

Email

Nearby
3038596 Elementary School
3038443 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/13/2026$1,900,000 Listed Price

Map


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1389 Highway 290 E, Elgin, TX, 78621 is a Property for Rent at $1,900,000 with 4,900 sqft and a lot size of 10.754. 1389 Highway 290 E was built in 1958. The property's zip code is 78621 which is in Elgin, TX