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Cedar Frame Team

info@cedarframe.com +1(979) 922-5544

$ 499,000

Est. payment -/mo

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Active Under Contract

1001 Willow Creek DR Elgin, TX 78621

15.2 Acres Lot

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Ranch

Listing Status Active Under Contract

Purchase Type For Sale

MLS Listing ID 8442570

HOA Y/N No

Tax Year 2024

Lot Size 15.197 Acres

Acres 15.197

Property Sub-Type Ranch

Source actris

Property Description

Discover a unique investment opportunity sitting on 15.197 +/- acres, this versatile farm/ranch property has a strong rental income potential. This expansive tract features multiple rental dwellings and RV spaces, all serviced by a shared well with separate electric meters. With month-to-month leases in place, the property generates steady revenue, including units renting from $200 to $1,000 per month. While rental units will only be shown once under contract, prospective buyers can tour the land to appreciate its full potential. Whether you're looking to expand your rental portfolio or establish a multi-use ranch, Rental amounts included unit 1 $650, unit 5 $900, unit 6 $1000, unit 7 $850, unit 1 rent unpaid, unit 15 $700, Unit 16 $700, unit 18 $200. Conveniently located 7 miles from the Heart of downtown Elgin, 25 mi from Bastrop, 36 mi from downtown Austin, 38 mi from Austin International Airport, 24 mi from Samsung Factory in Taylor, 34 miles from the Tesla plant.

Location

State TX

County Lee

Interior

Heating See Remarks

Cooling Other

Fireplace No

Exterior

Fence Barbed Wire, Fenced, Livestock

Utilities Available Electricity Connected, Phone Available, Propane, Sewer Connected, Water Connected

Waterfront Description None

View None

Private Pool No

Building

Lot Description Trees-Medium (20 Ft - 40 Ft), Trees-Moderate

Sewer See Remarks

Water Well

New Construction No

Schools

Elementary Schools Lexington

Middle Schools Lexington

High Schools Lexington

School District Lexington Isd

Others

Special Listing Condition Estate

Listed by Sterling & Associates R.E.

Cedar Frame Team

Broker | License ID: 629772

+1(979) 922-5544

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Cedar Frame Team

1001 Willow Creek DR Elgin, TX 78621

Key Details

Location

Interior

Exterior

Building

Schools

Others

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1001 Willow Creek DR