76.2 Acres in Elgin, TX - $9,000,000
76.204 Acres Highway 95, Elgin TX
LOCATION:
Property is located on the west side of Hwy 95, north of Elgin.
LEGAL:
76.204 acres out of the Thomas Christian Survey, A-20 in Bastrop County described in Volume 647, Page 728 and Volume 1582, Page 502, Bastrop County Deed Records.
FRONTAGE:
The property contains approximately 980 feet of frontage along the west side of Highway 95.
UTILITIES:
Water: City of Elgin & Aqua Water Supply Corporation service area.
Wastewater: City of Elgin service area.
SCHOOL DISTRICT:
Elgin ISD
TAXES:
2022 taxes Approximately $5,697.52 based on Bastrop Central Appraisal District. The subject property is under Agriculture Use in 2022 and prior years. Future change of use will trigger roll-back taxes which will be responsibility of Buyer.
MINERALS (Oil & Gas):
Sellers thought to own all. Mineral conveyance negotiable.
LEASE:
The property is currently leased for crop prod...
The property is currently leased for crop production. Contract subject to harvest of current planted crop at time of closing.
FLOOD PLAIN:
Based on data obtained from the FEMA National Flood Insurance Digital Flood Insurance Rate maps for Bastrop County, Texas, the tract does not contain land area within the 100-year floodplain area (note attached map).
IMPROVEMENTS:
Property is improved with a single-family dwelling constructed in 2013 with 2,037 SF of living. House is a 1 story built on a concrete slab foundation with a Hardie Plank and rock exterior. The house provides 3 bedrooms, 2 bathrooms along with a kitchen, dining room, great room and breakfast area. Attached to house is a 475 SF garage, 402 SF front porch and 234 SF rear porch which is adjacent to inground pool. The property also contains a 840 SF detached garage and a 1,800 SF metal shop.
COMMENTS:
The 76.204 acre tract is located north of Elgin Texas on the west side of SH 95. Elgin High School is located 1.1 miles west of the property. Approximately 30 acres is located within the Elgin City Limits and is zoned R-1 (Single Family). The remainder of the property is within the City of Elgin ETJ with very active development occurring immediately west and south of the property. The property is located within the Opportunity Zone.
