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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.**

Highlights

  • Land
  • 10.89 Acre Lot
  • 360 days on Market


  • Acres
    10.89
  • Lot Features
    Greenbelt, See Remarks
  • View
    Creek/Stream, Park/Greenbelt
  • Utilities
    Sewer Available, Electricity Available, Water Available
  • Water
    Public

  • Area
    EL
  • County
    Travis
  • City
    Elgin
  • Neighborhood
    n/a
  • Zip Code
    78621
  • High School
    Elgin
  • Middle School
    Elgin
  • Elementary School
    Neidig

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Frequently Asked Questions

How do I schedule a tour of 18401 E Us Highway 290?

We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to 18401 E Us Highway 290.

They know lands in the area well and can give you the guidance you need to buy with confidence.

How do I get more information about 18401 E Us Highway 290?

Click Ask a Question to talk with our team. You already know it is a N/A bed, N/A bath, listed for $4,800,000. We can talk through recent upgrades, potential seller motivation, how this land compares to others in Elgin, and can even get you in to see the property quickly.

How much is the monthly mortgage payment for 18401 E Us Highway 290?

With a 20% down payment and a 30-year fixed loan at an illustrative 7.25% rate, the ez Mortgage Calculator estimates the monthly payment for 18401 E Us Highway 290 at around $27,774. This includes estimated property taxes and insurance.

Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.

How do I get pre-approved to buy 18401 E Us Highway 290?

Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.

Or, let us connect you with our preferred local lender in Travis County. They will give you all of your available financing options, based on your specific situation and what is available to you.

Can I negotiate the asking price for 18401 E Us Highway 290?

In most cases, yes. Whether 18401 E Us Highway 290 is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Elgin's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.

How do I make an offer on 18401 E Us Highway 290?

We can handle that for you. Our preferred local agent specializes in lands in Elgin and can guide you through every step of the offer process.

You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.

How long has this property been on the market?

18401 E Us Highway 290 was listed on November 19, 2025, which means it's been on the market for 360 days.

Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.

What is the lot size of this property?

18401 E Us Highway 290 sits on a 10.89-acre lot, which is 474,368 square feet.

What schools are assigned to this property?

Based on MLS info, this home is zoned for:

  • Elementary: Neidig
  • Middle: Elgin
  • High: Elgin

Want to see how these schools compare? Check out our Travis County School Guide to see ratings, reviews, and more for the schools in the area.

What are the property taxes for 18401 E Us Highway 290?

The most recent public record shows annual property taxes for 18401 E Us Highway 290 were approximately $5,504. This may change with reassessment or exemptions. Our local partner can verify current tax amounts and help you estimate future costs based on your situation.

Is 18401 E Us Highway 290 still available for sale?

Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.

Source: ez Home Search, MLS Data

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Based on information submitted to the MLS GRID as of November 14, 2026 at 01:44PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.