1803 Upper Elgin River Road

Elgin, TX 78621

$16,237,450
Price
8,090,834 / 185.74
Lot Size / Acres

Description

Prime opportunity with this expansive 185.74-acre plot in Bastrop County along Upper Elgin River Road. Witness the transformation of this area into a future ‘Silicon Valley’ and ‘Hollywood destination.’ The land spans 2050 linear feet of frontage along Upper Elgin River Road, 15 minutes from Tesla HQ and Giga factory, and 5 minutes from the under-construction X (formerly Twitter) headquarters, SpaceX Starlink factory, and the Boring Company. Nearby, Spiderwood Studios, Greenpoint private airport,...Prime opportunity with this expansive 185.74-acre plot in Bastrop County along Upper Elgin River Road. Witness the transformation of this area into a future ‘Silicon Valley’ and ‘Hollywood destination.’ The land spans 2050 linear feet of frontage along Upper Elgin River Road, 15 minutes from Tesla HQ and Giga factory, and 5 minutes from the under-construction X (formerly Twitter) headquarters, SpaceX Starlink factory, and the Boring Company. Nearby, Spiderwood Studios, Greenpoint private airport, and Ad Astra School, backed by Elon Musk, are key highlights. Lennar Corp. is developing "Snailbrook," a 110-home subdivision next to the Boring Company HQ. Bastrop’s rapid development continues: SpaceX and the city are investing $8.5 million in wastewater infrastructure to support new facilities, expected by 2026. The 522-acre movie studio project will feature large studios, sound stages, and office space, with phase 1 set to open in 2025, bringing a $1.3 billion economic boost. Austin developer C&A’s projects include a 5,426-acre aviation tech park and a 1,000-acre resort, complete with casinos, hotels, and entertainment aimed at creating a self-sustaining environment with green energy, food production, and water management. This will redefine Bastrop’s landscape, attracting major companies and generating investment. Additionally, HEB plans of a $28 million expansion, and the recent purchase a 40,000-square-foot factory by Samsung’s supplier LS Electronic are solidifying Bastrop’s position as a hub for innovation and growth. With its strategic location, Bastrop is set to become one of Texas' most dynamic areas for business and lifestyle. The agriculture/wildlife exempt land features mature oak, pecan, and elm trees, along with three ponds and a natural creek frequented by ducks and deer. Aqua-water and electricity infrastructure are in place, with a preliminary development plan and water feasibility study completed, offering a solid foundation for future development.
  1. Listed by Harold Xia • TREC #0691028 • Forever Realty, LLC • (281) 566-2562

Property Details for 1803 Upper Elgin River Road

Subdivision Name
Wells, Martin
Waterfront
No
Waterfront Description
None
Water Access Description
None
View
None
View YN
No
Parcel Number
12481
Elementary School
Elgin
LISTING UPDATED: 11/09/2024 05:38 AM

Property Details for 1803 Upper Elgin River Road

StatusActive
MLS #3906780
Days on Market54
Taxes$477 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand / Unimproved Land
Year Built-
Lot Size185.74 AC
CountyBastrop County

Building Information for 1803 Upper Elgin River Road

Lot Size185.74 AC

Property Information for 1803 Upper Elgin River Road

General Information
Interior
  • Restrictions: No Restrictions
Exterior
  • New Construction: No
  • Fencing: None
  • Community Features: None
Property Information
Lot Information
  • FEMA Flood Plain: Partial
  • Lot Features: Agricultural
  • Road Surface Type: Asphalt
  • Horse: No
  • Corporate Owner Allowed YN: Yes
  • Horse Amenities: None
Utilities
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Water Available
  • Water Source: Public
Financial Information
Taxes and HOA Information
  • Tax Assessed Value: $29,219
  • Additional Parcels: No
  • Tax Year: 2024
  • Tax Rate: 1.79%
Showing Information
Showing Information
  • Directions: A few minutes drive of FM Highway 969 very near the Travis/Bastrop County line on the top of a large hill facing the Austin skyline, or following GPS guided directions.

Property History for 1803 Upper Elgin River Road

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 1803 Upper Elgin River Road

This home is within Elgin Independent School District.
Rating
School
Type
Grades
Distance
Public - PK to 4
Public - 7 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Elgin El
PublicPK to 4

Elgin Middle School
Public7 to 8

Elgin High School
Public9 to 12

Phoenix High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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1803 Upper Elgin River Road is a 185.74 ac of land for sale in Elgin, TX 78621. This property was listed for sale on September 24, 2024 by Forever Realty, LLC, it's currently listed at $16,237,450. This listing's school district is Elgin Independent School District. Nearby schools include Elgin El, Elgin Middle School and Elgin High School. 1803 Upper Elgin River Road is a 0-bed, 0-bath, 185.74 ac of land on a 8,090,834 sq. ft. / 185.74 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Forever Realty, LLC, Harold Xia, TREC #0691028

Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS), Central Hill Country Board of Realtors, Central Texas MLS, Highland Lakes Association of Realtors, Bryan-College Station Association of REALTORS, and Waco Association of REALTORS. All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS, Central Hill Country Board of Realtors, Central Texas MLS, Highland Lakes Association of Realtors, Bryan-College Station Association of REALTORS, Waco Association of REALTORS, and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Copyright© 2024 Austin Board of REALTORS® (alternatively, from ACTRIS), Central Hill Country Board of Realtors, Central Texas MLS, Highland Lakes Association of Realtors, Bryan-College Station Association of REALTORS, and Waco Association of REALTORS. All rights reserved. We do not attempt to independently verify the currency, completeness, accuracy or authenticity of the data contained herein. All area measurements and calculations are approximate and should be independently verified. Data may be subject to transcription and transmission errors. Accordingly, the data is provided on an “as is” “as available” basis only and may not reflect all real estate activity in the market”. © [2024] REsides, Inc. All rights reserved. Certain information contained herein is derived from information, which is the licensed property of, and copyrighted by, REsides, Inc.