18401 E US Highway 290

Elgin, TX 78621 · Travis County

$4,800,000Price
18401 E US Highway 290
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Description

Gold Tier Real Estate is proud to present a ±10.89-acre, fully entitled multi-family development site along Highway 290 in Elgin, Texas. With utilities and road infrastructure being delivered by the seller—and an approved Development Agreement already in place—this tract offers a true turn-key opportunity for a garden-style multi-family developer. The property is zoned for up to 300 units, and a conceptual site plan reflecting 276 units is available for review. As part of the master development, the seller is constructing a new City of Elgin park and nature-trail hiking center that will sit directly adjacent to the site, providing a high-value amenity for future residents. Neighboring development continues to enhance the area’s long-term appeal: DR Horton is developing townhomes on the western parcel. Huntington Properties is delivering new, high-traffic retail along the Highway 290 commercial pads. **Broker does not warrant the accuracy of any information provided. Buyer is to conduct their independent due diligence.**

Contact Agent

C
Col Realty
Col Realty
(512) 699-3810

Property Details

StatusActive
MLS #ACT212387653
TypeCommercial Sale
Lot Size10.89 AC / 474,368 SF
CountyTravis
Subdivisionn/a

Property Information

Parking

None

Directions: From central Austin, take US-290 East and continue for about 20–25 miles toward Elgin, passing through Manor as you stay on the highway. Follow the signs for Elgin/Bastrop, keeping to the right lanes as the road curves. Stay on US-290 the entire way, and as you approach Elgin, watch for your destination on the right. The address 18401 E US Highway 290, Elgin, TX 78621 will be clearly visible from the highway.

Location

Property History

DateEventPrice
Feb 15, 2026 Listed (Active) · MLS# ACT212387653 $4,800,000

Full transaction history may not be available. Data sourced from ACTRIS MLS.

Public Records

Lot Size474,368 Sq. Ft.
StyleCommercial Sale
CountyTRAVIS
MLS #ACT212387653
$4,800,000
18401 E US Highway 290, Elgin, TX

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Payment Estimate

Estimated monthly payment
Principal & Interest

For illustrative purposes only. Contact a lender for accurate figures.