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Investment Highlights

  • Dual road frontage on Coon Neck Road and Lower Elgin Road
  • Located outside of the ETJ with no restrictions
  • Electricity on the property and water lines along both roads.
  • Offering excellent road access and strong subdivision potential
  • Provides maximum flexibility for residential, or commercial development
  • Positioned just 30 minutes from Austin in a rapidly growing area

Executive Summary

Investment Opportunity – 95+ acres with dual road frontage on Coon Neck Road and Lower Elgin Road, offering excellent access and strong subdivision potential. Located outside of the ETJ with no restrictions, the property provides maximum flexibility for residential, commercial, or mixed-use development.
Utilities are a key advantage, with electricity available on-site and water lines running along both road frontages, supporting a variety of development scenarios. The layout and access make the tract well-suited for subdivision, ranchette development, or long-term hold.
Positioned approximately 30 minutes from Austin in a rapidly growing corridor, this property benefits from continued expansion while still offering space and flexibility. An existing agricultural exemption keeps annual property taxes below $900, creating a low holding cost for investors planning future development.
This is a rare opportunity to acquire a versatile tract with strong upside, utility access, and development potential in one of Central Texas’ most active growth areas.

Property Facts

Price $2,699,999
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Mixed Use
  • Multifamily
  • Apartment Units
  • Apartment Units - Condo
  • Carwash
  • Manufactured Homes or Mobile Home Park
  • Master Planned Community
  • Planned Unit Development
  • Retail Warehouse
  • Self Storage
  • Single Family Development
  • Storefront, Retail or Office
  • Trailer or Camper Park
  • Unknown
  • Warehouse
  • Agricultural
  • Pasture Ranch
  • Single Family Residence
Total Lot Size 95.87 AC

1 Lot Available

Lot

Price $2,699,999
Price Per AC $28,164.01
Lot Size 95.87 AC

Located outside of the ETJ with no restrictions, this property provides maximum flexibility for residential, or commercial development.

Description

Investment Opportunity – 95+ acres with dual road frontage on Coon Neck Road and Lower Elgin Road, offering excellent access and strong subdivision potential. Located outside of the ETJ with no restrictions, the property provides maximum flexibility for residential, commercial, or mixed-use development. Utilities are a key advantage, with electricity available on-site and water lines running along both road frontages, supporting a variety of development scenarios. The layout and access make the tract well-suited for subdivision, ranchette development, or long-term hold. Positioned approximately 30 minutes from Austin in a rapidly growing corridor, this property benefits from continued expansion while still offering space and flexibility. An existing agricultural exemption keeps annual property taxes below $900, creating a low holding cost for investors planning future development. This is a rare opportunity to acquire a versatile tract with strong upside, utility access, and development potential in one of Central Texas’ most active growth areas. Key Highlights: 95+ acres with dual frontage on Coon Neck Road and Lower Elgin Road Located outside ETJ with no restrictions – maximum flexibility Electricity on-site; water lines along both roads Ideal for residential, commercial, or mixed-use development Positioned just 30 minutes from Austin in a rapidly growing area Agricultural exemption keeps annual property taxes below $900 Excellent opportunity for immediate development or long-term hold Strong subdivision or ranchette potential with low holding costs

Exceptionally drivable
100/100
Somewhat bikeable
20/100

Property Taxes

Property Taxes

Parcel Number
13797
Land Assessment
$29,124
Improvements Assessment
$16,318
Total Assessment
$45,442
  • Listing ID: 40070840

  • Date on Market: 4/8/2026

  • Last Updated:

  • Address: 579 Lower Elgin Rd, Elgin, TX 78621

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