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    1 home
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    Listed 5 days ago
    505 Hwy 290 E, Elgin, TX 78621
    $499,000
    11,238.48sqft
    0.26acres
    Commercial Apartment for Sale

    505 Hwy 290 E, Elgin, TX 78621

    Listing by: Sterling & Associates R.E.
    1 - 1 of 1 results
    © 2025 Unlock MLS
    Display of MLS Data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals.
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    505 Hwy 290 E, Elgin, TX 78621
    505 Hwy 290 E, Elgin, TX 78621
    505 Hwy 290 E, Elgin, TX 78621
    505 Hwy 290 E, Elgin, TX 78621
    505 Hwy 290 E, Elgin, TX 78621
    505 Hwy 290 E, Elgin, TX 78621
    505 Hwy 290 E, Elgin, TX 78621
    505 Hwy 290 E, Elgin, TX 78621
    505 Hwy 290 E, Elgin, TX 78621
    505 Hwy 290 E, Elgin, TX 78621
    505 Hwy 290 E, Elgin, TX 78621
    505 Hwy 290 E, Elgin, TX 78621
    505 Hwy 290 E, Elgin, TX 78621
    505 Hwy 290 E, Elgin, TX 78621
    505 Hwy 290 E, Elgin, TX 78621
    505 Hwy 290 E, Elgin, TX 78621
    505 Hwy 290 E, Elgin, TX 78621
    505 Hwy 290 E, Elgin, TX 78621
    505 Hwy 290 E, Elgin, TX 78621
    505 Hwy 290 E, Elgin, TX 78621
    Listed 5 days ago
    $499,000
    11,238.48sqft
    0.26acres

    505 Hwy 290 E, Elgin, TX 78621

    Commercial Apartment for Sale by Cecilia WhitleySterling & Associates R.E..

    Data checked -. Listing last updated 20 hours ago.
    1. Overview
    2. Details
    3. More 

    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 pool conveys and 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.

    Details
      Property type
    Commercial Sale
      Year built
    1960
      Heating
    See Remarks
      Cooling
    Wall/Window Unit(s)
      Garage
    No
      Parking spots
    7
    4924792
    MLS ID
    Active
    Status
    03-27-2025
    On market date
      Subdivision
    Stoval, Geo H
    Levels  Levels
      Laundry location
      Roof
      Pets allowed
    Lot features
    Patio & Porch Features
    Green Energy Efficient
    None
    Buyer Incentives
    None
    Seller Contributions
    No
    Monthly taxes
    $733
    Yearly taxes
    $8,801.42
    Schools
    -
    Association Fee
    -
    Open Houses
    In-Person
    No upcoming in-person open houses
    Virtual
    No upcoming virtual open houses
    Contact Agent
    Cecilia Whitley
    Cecilia Whitley
    Managing Broker, Sterling & Associates R.E.
    Direct 
     
    Building Info
    Address
    505 Hwy 290 E, Elgin, TX 78621
    Year Built
    1920
    Number of Floors
    1
    Gross area
    4,440 sqft
    Location
    From Austin take Hwy 290 to Elgin. Property will be on right side of Hwy 290 past HWY 95
    For Sale Nearby
    $
    sqft
    acres

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    Listing by:
    505 Hwy 290 E, Elgin, TX 78621, is a 0.26 acres, 11238.48 sqft. Apartment built in 1960. This property is currently available for sale and was listed on Unlock MLS on 3-27-2025. The MLS# for this Apartment is MLS# 4924792.
    Display of MLS Data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals.
    Copyright ©2025 Unlock MLS