$499,000
- Beds
- 5
- Baths
- 5.0
- sq ft
- 3,352
505 E US 290, Elgin, TX 78621
505 E US 290
Elgin, TX 78621
- 12 days on market
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.
Details
Property type
Single Family Residence
Lot size
0.258 acres
Price per sq ft
$149
Year built
1960
Annual property taxes
$8,801.42
HOA
No
Price History
03/26/2025

Austin #9246435
Listed
$499,000
Schools & Community
Elementary school:
Booker T Washington
Middle school:
Elgin
High school:
Elgin
Community features: None
Community features:
None
High school district:
Elgin ISD
Status: Active
Tomo last checked: 04/08/2025 at 6:35 AM
Listing updated: 04/01/2025 at 9:37 AM
Listed by: Cecilia Whitley, Sterling & Associates R.E. Phone #: (512) 281-3336
MLS: Austin #9246435

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