Description
Discover a unique investment opportunity sitting on 15.197 +/- acres, this versatile farm/ranch property has a strong rental income potential. this expansive tract features multiple rental dwellings and rv spaces, all serviced by a shared well with separate electric meters. with month-to-month leases in place, the property generates steady revenue, including units renting from $200 to $1,000 per month. while rental units will only be shown once under contract, prospective buyers can tour the land to appreciate its full potential. whether you're looking to expand your rental portfolio or establish a multi-use ranch, rental amounts included unit 1 $650, unit 5 $900, unit 6 $1000, unit 7 $850, unit 1 rent unpaid, unit 15 $700, unit 16 $700, unit 18 $200. conveniently located 7 miles from the heart of downtown elgin, 25 mi from bastrop, 36 mi from downtown austin, 38 mi from austin international airport, 24 mi from samsung factory in taylor, 34 miles from the tesla plant.
Property Type
FarmCounty
LeeStyle
FarmAD ID
49134467
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Property Details
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Interior Features
Heating & Cooling
- Heating: SeeRemarks
- Cooling:
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Property / Lot Details
Lot Information
- Lot Description: ModerateTrees,TreesMediumSize
- Main Square Feet: 15.197
Property Information
- Subdivision: None
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School, Utilities & Location Details
School Information
- Elementary School: Lexington
- Junior High School: Lexington
- Senior High School: Lexington
Utility Information
- ElectricityConnected,Propane,PhoneAvailable,SewerConnected,WaterConnected
Location Information
- Direction: From Hwy 290, L on FM 696, L on Willow, continue on gravel rd to entrance gate. Dead ends at entrance.
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BuyOwner last updated this listing 04/16/2025 @ 15:10
- MLS: 8442570
- LISTING PROVIDED COURTESY OF: Cecilia Whitley, Sterling & Associates R.E.
- SOURCE: ACTRIS
is a Land, with 0 bedrooms which is for sale, it has 0 sqft, 15 sized lot, and 0 parking. are nearby neighborhoods.