REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 799,000
Est. payment /mo
Active
1001 Willow Creek DR Elgin, TX 78621
3,184 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Ranch
Listing Status Active
Purchase Type For Sale
Square Footage 3,184 sqft
Price per Sqft $250
MLS Listing ID 6349867
Originating Board actris
Tax Year 2024
Lot Size 15.197 Acres
Acres 15.197
Property Sub-Type Ranch
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 N
Exterior
Utilities Available Electricity Connected, Phone Available, Propane, Sewer Connected, Water Connected
View None
Total Parking Spaces 16
Building
Sewer See Remarks
Water Well
Structure Type HardiPlank Type
New Construction No
Others
Restrictions None
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Estate
Listed by Sterling & Associates R.E. • Cecilia Whitley