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111 Lund Rd 25.27 Acres of Commercial Land Offered at $10,500,000 in Elgin, TX 78621

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EXECUTIVE SUMMARY

Located just north of Elgin at the prominent corner of Highway 95 and Lund Road, this expansive property offers over 25 acres of exceptional commercial potential. Surrounded by the 1,800 home Lund Farm development, this tract sits at the heart of a high-growth corridor and is ideally positioned for future commercial development or a convenience store. With the Elgin ETJ line forming the southern boundary, the property benefits from strategic proximity to city services while maintaining a favorable regulatory environment. Aqua Water is available along Highway 95, adding to the property's development appeal. Currently operating as a cattle operation, the land features improved barns, working pens, and a spacious 3,152 square foot residence per CAD. The property also enjoys the advantage of low property taxes through an agricultural exemption. This is a rare opportunity to secure a high-visibility site in the path of progress with multiple future use options.

PROPERTY FACTS

Price $10,500,000
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Industrial
  • Mixed Use
  • Hospitality
  • Pasture Ranch
  • Timberland
  • Single Family Residence
Total Lot Size 25.27 AC
No. Stories 1
Opportunity Zone Yes

1 LOT AVAILABLE

Lot

Price $10,500,000
Price Per AC $415,512.47
Lot Size 25.27 AC

Located just north of Elgin at the prominent corner of Highway 95 and Lund Road, this expansive property offers over 25 acres of exceptional commercial potential.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
97685
Land Assessment
$32,357
Improvements Assessment
$439,586
Total Assessment
$471,943
  • Listing ID: 35570794

  • Date on Market: 4/21/2025

  • Last Updated:

  • Address: 111 Lund Rd, Elgin, TX 78621

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