$799,000
( $250.94Per Sq Foot )
 $4,289 est/mo Sourced by Back At You

1001 Willow Creek Dr,Elgin, TX 78621

Elgin, TX 78621

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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.

Details

MLS#6349867
Listing TypeFor Sale
StyleVacant Land
Sub-TypeResale
StatusActive
Days On Site23
Listing Provided BySterling & Associates R.E. | Cecilia Whitley

Features

SQ Feet3,184
Building(s)8
Acreage15.20
Water FrontYes
Property ViewNone

 Listings courtesy of Austin Board of REALTORS® MLS as distributed by MLS GRID.

Based on information submitted to the MLS GRID as of April 25, 2025 at 11:51:38 AM PDT All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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Learn More About This Property

StateTX
CountyLee
CityElgin
Zip Code78621
AreaLC
Listing VS Median (in 78621)
Price:
$799,000
low | high
Med:
$307,400
100% of Average
SqFt:
3,184
low | high
Med:
1,347
100% of Average
$ / SqFt:
$251
low | high
Med:
$228
59.058409128709% of Average
On site:
23
low | high
Med:
588.500000
3.908241291419% of Average
Sourced by Back At You
Listing Updated: April 22, 2025 at 1:10:19 PM PDT