This property is right in the heart of Elgin TX perfect for a development of Central Texas.
This property has 350 feet of frontage approx. on Business Hwy. 71 E. just east of La Grange, TX in Fayette County. It is just east of the existing Classic Car dealership. The land is suitable for a commercial use such as the extension of the car lot, a winery, a bait stand for Fayette Power Plant lake, or a small rural homestead, or a commercial use on the front and recreational use on the back. There is a current survey, partial land in the flood plain, and it has water and electricity to the site. You are approximately 1 hr and 15 min to Austin and Houston areas from the site. Great site and a great location. Bring buyers as price has been reduced since last real estate broker had it listed.
This is a very well located 4 acre tract om Hwy. 21 W. perfect for a convenience store/gas station user and also mini storage user. Right next to the Bastrop ISD brand new stadium and all the brand new residential developments in the Cedar Creek area. This could also be a further extension of parking lot for the Bastrop ISD athletic complex. It has Bluebonnet Electric and Aqua WSC(21 inch water line) to the site and also many new development sites within a 3 mile radius of the land. Property taxes are $1K a year on the land with the buildings and buildings are valued at $100k with Bastrop Central Appraisal District and are in good enough shape to rent them out for $1500 a month in this location. Seller has all minerals and will look at all offers too. Seller recently took the mobile home off of it and sold it. So all that remains now is the older home approx. 2000 sq. ft. and dated back to the early 1990's and two septics and an aqua WSC meter hooked up to the main house. Bring offers quick. Seller is very motivated to sell it. This property is under contract as of 4/10/2018.
COMMENTS: *approx. 350 feet of frontage on Hwy. 71 *This property is well located for Bastrop County and for Hwy. 71 commercial Hwy. frontage right in between Bastrop and Smithville, TX in booming Bastrop County right now *In the burned area from the past 5 years of fires in the area *Aqua WSC and Bluebonnet Electric are there now *NO zoning *Seller will divide the land into 2 to 3 tracts possibly` *Seller wants cash only and exchanges are welcome too on the deal *Lots of retail and C-store and commercial/mini-storage users around the area now *Very close to the town of Bastrop, TX with all of the new retailers and huge box box retailers coming there now *Older improvements(mobile home/etc.) on the property from 5-6 years back but nothing of any real value at all
IMPROVEMENTS: Electric-available at Hwy. 71.
Natural Gas-propane available only.
EASEMENTS: Public Utility and Water
TAXES: Bastrop Co.
MINERALS: all owned by the seller(refer to title commitment) -6/16/2017