95.65 Acres of unrestricted land with 5-7 acre stock tank pond and rolling terrain with amazing views. Just 20 miles from the new Samsung plant and 27 miles from Tesla Gigafactory. 1,000 feet of frontage on US 290 and additional access on Old McDade Rd (FM 106). Water available from Aqua WSC.
Property Details
Property Features
Property Information:
Year Built: 1974
Stories: 1
Living Area: 1,908 SqFt
Listing Office:
Office Name: Caldwell Companies
Office Phone: (281) 664-6635
Listing Agent: Keith Edwards
Exterior Features
Exterior Information:
Private Pool: No
Lot Features
Lot Information:
Lot Size: 95.65 Acres
Other
Directions Information:
Directions: From Elgin: From the intersection with FM 1704 and US 290, travel southeast on US 290 approximately 5 miles. There is a crossover leading to a small drive that enters the property
Price Information
Listing Price Info
Price Summary:
List Price: $5,739,000
Price Per SqFt: $3,008/SqFt
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Elgin, TX.
This property is $5.4M more than the Median Sold Price and $2.8K/SqFt more than other homes in Elgin, TX.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: HAR
MLS Number: #96647973
Listing Office:
Office Name: Caldwell Companies
Office Phone: (281) 664-6635
Listing Agent: Keith Edwards
Disclaimer: The MLS data is provided exclusively to Participants or Subscribers for display on their website solely for consumers’ personal, non-commercial use, that the MLS data may not be used for any purpose other than to display prospective properties consumers may be interested in purchasing or leasing. Information contained on the computer print-outs of the Multiple Listing Service (MLS) of the HOUSTON REALTORS® INFORMATION SERVICE (HRIS) is furnished by MLS Participants for dissemination to other MLS Participants, for their exclusive use, and should not be relied upon by Buyer/Tenant or any other person. There is no express or implied warranty by HRIS or MLS as to the accuracy of such information, which should be independently verified by Buyer/Tenant or such other person. MLS does not verify the information and disclaims any responsibility for its accuracy. Any estimate of value was prepared using automated processes and should not be considered a comparative market analysis (CMA) or appraisal. You may contact us to provide additional information and analysis for a more accurate estimate of the property's value. Digital images modified or enhanced to alter real property characteristics contain a visible and legible watermark across the bottom of the image “Image does not represent actual property as is”.
Last updated on: 12/18/2024, 11:20:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$28.7K
Per Month
Principal & Interest
$28.6K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$17.2K
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
2
/10
Elgin Elementary School
1005 W 2nd St
Distance between this listing and this school0.98 miles
Public District Grades PK-4
1
/10
Booker T. Washington Elementary School
510 M L K Dr
Distance between this listing and this school1.29 miles
Public District Grades PK-4
2
/10
Neidig Elementary School
13700 County Line Rd
Distance between this listing and this school2.12 miles
Public District Grades PK-4
Nearby Schools
3
/10
Elgin Middle School
1351 N Avenue C
Distance between this listing and this school1.53 miles
Public District Grades 7-8
5
/10
Coupland Elementary School
620 S Commerce St
Distance between this listing and this school8.10 miles
Public District Grades PK-8
2
/10
Manor Middle School
12900 Gregg Manor Rd
Distance between this listing and this school10.62 miles
Public District Grades 6-8
Nearby Schools
1
/10
Phoenix High School
14000 County Line Rd Bldg B7
Distance between this listing and this school2.32 miles
Public District Grades 9-12
2
/10
Elgin High School
14000 County Line Rd
Distance between this listing and this school2.32 miles
Public District Grades 9-12
4
/10
McDade High School
156 Marlin St
Distance between this listing and this school9.49 miles
The neighbors living near this home have an average income of $30,391. The most common annual income of people living in Elgin, TX is less than $35k. Typical family type is married, with kids. Most residents in this area have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 1178 US-290 Hwy
What is the listing price of this property?
The listing price of 1178 US-290 Hwy property is $5,739,000.
What type of property is this?
The property 1178 US-290 Hwy is land located in Elgin, Texas, 78621.
Is this property for sale now?
Active Listing: 1178 US-290 Hwy is For Sale (Active/New) which means the seller is accepting offers.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 1178 US-290 Hwy in Elgin, TX and zip code 78621. This 1,908 square foot home, which was built in 1974, sits on a 95.65 acre lot. It has been listed on Rocket Homes since July 26, 2024 and is currently priced at $5,739,000.
In November 2024, from all listings sold in Elgin, TX there were more than 0 sold above asking price, over 7 sold below and more than 5 were sold right at the asked price. The inventory of homes for sale in Elgin, TX between October 2024 and November 2024 decreased by 7.5%. In November 2024 median list price was $313,945 and the average listing age was 73 days.
From Rocket Homes Real Estate and based on county public records data.