Elgin, TX 78621,505 E Highway 290
$499,000
Est.Price: ?

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5 BD
5 BA
3,352 SqFt

505 E Highway 290 Elgin, TX 78621

Est. payment /mo
SOLD DATE : 06/06/2025

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Diane Hart Alexander, MBA, MHA

Diane Hart Alexander, MBA, MHA

+1(713) 591-9902

Our team is ready to help you sell your home for the highest possible price ASAP

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Sold

Purchase Type For Sale

Square Footage 3,352 sqft

Price per Sqft $104

Subdivision Stoval

MLS Listing ID 9246435

Bedrooms 5

Full Baths 5

Year Built 1960

Tax Year 2011

Lot Size 0.258 Acres

Property Sub-Type Single Family Residence

Property Description

This prime 0.258-acre property with Highway 290 frontage offers unbeatable location and is move-in ready! Perfect for investors, this property features 5 units— lots of potential you could live in one unit and rent out the other 4 or rent all 5 units—providing excellent income potential. The upstairs west unit has previously rented for $1,200, while the other 4 units could bring in $700 each. Please note, the functionality of the pool is unknown. The property is being sold "As Is," and the condition is perfect for someone looking to maximize rental income. Don't miss out on this fantastic opportunity! Conveniently located less than a mile from the Heart of downtown Elgin, 18 mi from Bastrop, 25 mi from downtown Austin, 28 mi from Austin International Airport, 17.5 mi from Samsung Factory in Taylor, 23.6 miles from the Tesla plant.

Location

State TX

County Bastrop

Area El

Interior

Heating See Remarks

Cooling Wall/Window Unit(s)

Flooring Carpet, See Remarks

Exterior

Exterior Feature None

Fence None

Pool Above Ground, See Remarks

Community Features None

Utilities Available Electricity Available

Waterfront Description None

View None

Roof Type Metal

Building

Lot Description Level

Foundation Slab

Sewer Septic Tank

Water Private

Structure Type Other

New Construction No

Schools

Elementary Schools Booker T Washington

Middle Schools Elgin

High Schools Elgin

School District Elgin Isd

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Estate

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Listed by Sterling & Associates R.E. • Cecilia Whitley
Bought with Pacesetter Properties

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agent

Diane Hart Alexander, MBA, MHA

Chair, CEO, Broker | License ID: 565194

+1(713) 591-9902

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