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



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 | Proposed Use | |
| Sale Type | Investment or Owner User | Total Lot Size | 25.27 AC |
| No. Lots | 1 | No. Stories | 1 |
| Property Type | Land | Opportunity Zone |
Yes
|
| Property Subtype | Commercial |
| Price | $10,500,000 |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 25.27 AC |
| No. Stories | 1 |
| Opportunity Zone |
Yes |
1 LOT AVAILABLE
Lot
| Price | $10,500,000 | Lot Size | 25.27 AC |
| Price Per AC | $415,512.47 |
| 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.
1 1
PROPERTY TAXES
| Parcel Number | 97685 | Improvements Assessment | $439,586 |
| Land Assessment | $32,357 | Total Assessment | $471,943 |
PROPERTY TAXES
Parcel Number
97685
Land Assessment
$32,357
Improvements Assessment
$439,586
Total Assessment
$471,943
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111 Lund Rd
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