24 N Main St Elgin, TX $ 485,000
24 N Main St
$ 485,000
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24 N Main St

Elgin, TX, 78621
$ 485,000
Bedrooms-- Baths-- Sq 2,314
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Property for Rent in Elgin, TX

for $485,000. This 2,314 square foot property was built in 1935 on a lot size of 0.0699.

Fully leased mixed-use investment opportunity in Historic Downtown Elgin 2,314 SF total improvements featuring: ?1,008 SF retail storefront ?1,306 SF residential apartment (2 bed / 1 bath) Stabilized dual-income asset with one commercial tenant and one residential tenant in place Current in-place income producing Below-market leases provide future upside potential through rental increases and lease repositioning Extensive renovation completed in 2016 including: ?Electrical wiring ?Plumbing systems ?Interior improvements New roof installed October 2021 Located along the highly visible North Main Street corridor in Downtown Elgin Positioned within the rapidly expanding Central Texas growth corridor east of Austin Ideal opportunity for: ?1031 exchange buyers ?Long-term appreciation investors ?Mixed-use portfolio investors ?Owner-users seeking supplemental income Walkable downtown location surrounded by restaurants, retail, and local businesses Low-maintenance, turnkey asset with strong historic downtown character and modernized infrastructure. Minutes to airport, Tesla, State Capital, Samsung (SAS) and Starlink / Boring / X Campus.

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Rental Active

Price

$ 485,000

Taxes

$ 8,576

Style

Mixed Use

Lot Size

0.0699

Year Built

1935

Town/City

Elgin

County/Region

Bastrop

MLS | Web ID

6559978

Features
General
Sewer Public Sewer
Heating Central
Cooling Ceiling Fan(s) Central Air
Utilities Electricity Connected Sewer Connected Water Connected
Security Features See Remarks
Construction Materials Brick Glass
Year Built 1935
View City Downtown
Property Subtype Mixed Use
Tax Year 2025
Current Use Residential Retail
Accessibility FullyAccessible
County Bastrop
Net Operating Income 23321
Operating Expense 14452
New Construction N
Property Type Commercial Sale
Energy Efficient Other/See Remarks
Subdivision Name Elgin City
Building Features Display Window Sign - Building
Green Sustainability See Remarks
Other Structures None
Status Active
Directions Head south from the City of Elgin building on Main St. Property is located on the right hand side after you pass E First St.
City Elgin
Disclosures Seller Disclosure
MLS Area EL
Lot Size Square Feet 3044.84
Tax Annual Amount 8243.22
Property Condition Resale
Leasable Area 2314
Lease Type MDGRS
Standard Status Active
Year Built Source Public Records
Tax Assessed Value 333085
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Interior
Flooring Tile Wood
Total Bedrooms 0
Total Baths 0
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Exterior
Parking Features Parking Lot Paved
Water Source Public
Total Parking 9
Foundation Details Slab
Number of Buildings 1
Building Area Total 2314
Lot Size Acres 0.0699
Lot Size Source Public Records
Waterfront Y/N N
Other Equipment See Remarks
Horse Y/N N
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Internal Only
Street Number 1 24
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* Excluded Features
List By
JR Soler

Listing Agent

All City Real Estate Ltd. Co

Broker

jr.nspgrealty@gmail.com

Email

Nearby
3038596 Elementary School
3038443 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/29/2026$485,000 Listed Price

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24 N Main St, Elgin, TX, 78621 is a Property for Rent at $485,000 with 2,314 sqft and a lot size of 0.0699. 24 N Main St was built in 1935. The property's zip code is 78621 which is in Elgin, TX