505 E Highway 290

Elgin, TX 78621

  • 5 Bed(s)
  • 5 Bath(s)
  • 3,352 Sqft
  • 0.258
    Acre(Lot)
$499,000

Description

This prime 0.258-acre property with highway 290 frontage offers unbeatable location and is move-in ready! perfect for investors, this property features 5 units— lots of potential you could live in one unit and rent out the other 4 or rent all 5 units—providing excellent income potential. the upstairs west unit has previously rented for $1,200, while the other 4 units could bring in $700 each. please note, the functionality of the pool is unknown. the property is being sold "as is," and the condition is perfect for someone looking to maximize rental income. don't miss out on this fantastic opportunity! conveniently located less than a mile from the heart of downtown elgin, 18 mi from bastrop, 25 mi from downtown austin, 28 mi from austin international airport, 17.5 mi from samsung factory in taylor, 23.6 miles from the tesla plant.

  • Property Type

    Residential

  • County

    Bastrop

  • Style

    Residential

  • AD ID

    49109235

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BuyOwner last updated this listing 04/05/2025 @ 06:10

  • MLS: 9246435
  • LISTING PROVIDED COURTESY OF: Cecilia Whitley, Sterling & Associates R.E.
  • SOURCE: ACTRIS

is a Home, with 5 bedrooms which is for sale, it has 3,352 sqft, 0 sized lot, and 0 parking. are nearby neighborhoods.