2 months on rocket

403 S Central Ave, Elgin, TX, 78621

$316,000

0.93 Acres
Land

Location

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Property Highlights

Home TypeUnimproved Land
WaterfrontNone
ViewCity
MLS #7029637
Lot Size0.93 Acres
StatusActive

About 403 S Central Ave

Prime Commercial Corner Lot in the Heart of Downtown Elgin, TX Endless Possibilities Await – Ideal for Mixed-Use Development This expansive commercial corner lot is a rare opportunity in the bustling downtown area of Elgin, TX. With zoning that allows for over 50% residential use, this property offers remarkable flexibility for developers looking to blend residential and commercial space in one of Elgin's most vibrant areas. Location Highlights: Proximity to Historical District: Just a short stroll from Elgin’s charming downtown historical district, known for its rich heritage, dining, shopping, and cultural attractions. Central Avenue Exposure: The property sits prominently across from Central Ave, providing high visibility and foot traffic, ideal for businesses or mixed-use projects. Nearby Amenities: Directly across from a brand-new CARTS transit station, offering convenient transportation options, as well as a nearby park, perfect for outdoor enjoyment, and essential services like fire and emergency services just a couple of blocks away. Whether you're considering retail space, multi-family residential units, or a combination of both, the versatility of this lot is unmatched. The strategic downtown location, coupled with the opportunity for significant residential use, makes this an exceptional investment for future growth. Take advantage of the thriving local community and the growing demand for convenient, urban living with easy access to key amenities. The possibilities for this prime lot are truly endless.

Property Details

Property Features

Listing Office:

  • Office Name: All City Real Estate Ltd. Co
  • Office Phone: (512) 426-3101
  • Listing Agent: Valerie Navejas

Exterior Features

Exterior Information:

  • Waterfront: None
  • View: City
  • Exterior: None

Lot Features

Lot Information:

  • Lot: Corner Lot, Level
  • Lot Size: 0.93 Acres

Other

Directions Information:

  • Directions: From Austin take 290 east to Elgin. Turn left on W 11th St, Right on W 2nd St, Right on N Ave A, cross over the railroad tracks property will bee on your right. Corner lot, Central Ave & S Ave A.

Price Information

Listing Price Info

Price Summary:

  • List Price: $316,000
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Housing Market Comparison

See how this home compares to others in Elgin, TX.

Med. Sold Price

$313.9K

Med. Price/SqFt

$187

Avg. Days On Market

73

# of Sold Homes

12

403 S Central Ave vs Elgin

66 DAYS ON ROCKET

-7 Days

$316,000

+$2K More

KEY TAKEAWAY

This property is $2K more than the Median Sold Price in Elgin, TX.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: ACTRIS
  • MLS Number: #7029637

Listing Office:

  • Office Name: All City Real Estate Ltd. Co
  • Office Phone: (512) 426-3101
  • Listing Agent: Valerie Navejas

IDX Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS or Unlock MLS®). All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS, Unlock MLS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data maintained by the Board, ACTRIS or Unlock MLS may not reflect all real estate activity in the market. Prices displayed on all Sold listings are the Last Known Listing Price and may not be the actual selling price.

Copyright 2024 Unlock MLS and Austin Central Texas Realty Information Services, Inc.

IDX Listings courtesy of Unlock MLS as distributed by MLS GRID.

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.


Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


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Last updated on: 12/4/2024, 1:20:48 PM 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

$1,645

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,014

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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.

Nearby Schools

school-card-donut-56614
2
/10
  • Elgin Elementary School

  • 1005 W 2nd St

  • 0.44 miles

  • Public District Grades PK-4

school-card-donut-56615
1
/10
  • Booker T. Washington Elementary School

  • 510 M L K Dr

  • 0.57 miles

  • Public District Grades PK-4

school-card-donut-56616
2
/10
  • Neidig Elementary School

  • 13700 County Line Rd

  • 2.30 miles

  • Public District Grades PK-4

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $30,391. The majority of Elgin, TX residents have income less than $35k annually. Typical family type is married, with kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 403 S Central Ave

What is the listing price of this property?

The listing price of 403 S Central Ave property is $316,000.

What type of property is this?

The property 403 S Central Ave is land located in Elgin, Texas, 78621.

Is this property for sale now?

Active Listing: 403 S Central Ave is For Sale (Active/New) which means the seller is accepting offers.

How much acreage is this property?

The property 403 S Central Ave is 0.93 acres.
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Rocket HomesTexasBastrop CountyElgin78621403 S Central Ave

This home is located at 403 S Central Ave in Elgin, TX and zip code 78621. This home sits on a 0.93 acre lot. It has been listed on Rocket Homes since September 28, 2024 and is currently priced at $316,000.

In November 2024 more than 0 listings in Elgin, TX were sold above the asking price. During the same period more than 5 listings were sold at asking price, while more than 7 were sold below. The number of listings in Elgin, TX decreased by 7.5% between October 2024 and November 2024. The median list price of listings available in November 2024 was $313,945, while the average time on the real estate market was 73 days.

From Rocket Homes Real Estate and based on county public records data.

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