505 E Highway 290, Elgin, TX 78621 (MLS # 9246435)

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PRICE $499,000 dsIDX morgage calculator
BEDS 5
BATHS 5
HOME SIZE 3,352 sqft
LOT SIZE 11,239 sqft

This prime 0.258-acre property with Highway 290 frontage offers unbeatable location and is move-in ready! Perfect for investors, this property features 5 units"” lots of potential you could live in one unit and rent out the other 4 or rent all 5 units"”providing excellent income potential. The upstairs west unit has previously rented for $1,200, while the other 4 units could bring in $700 each. Please note, the functionality of the pool is unknown. The property is being sold "As Is," and the condition is perfect for someone looking to maximize rental income. Don't miss out on this fantastic opportunity! Conveniently located less than a mile from the Heart of downtown Elgin, 18 mi from Bastrop, 25 mi from downtown Austin, 28 mi from Austin International Airport, 17.5 mi from Samsung Factory in Taylor, 23.6 miles from the Tesla plant.

LAST UPDATED 3/26/2025 TRACT Stoval
YEAR BUILT 1960 COMMUNITY Stoval
COUNTY Bastrop STATUS Active
PROPERTY TYPE(S) Single Family

SCHOOLS
Elementary School Booker T Washington
Jr. High School Elgin
High School Elgin


ADDITIONAL DETAILS
AIR Wall/Window Unit(s)
AIR CONDITIONING Yes
APPLIANCES Electric Cooktop, Oven
AREA EL
CONSTRUCTION Other
EXTERIOR None
HEAT See Remarks
INTERIOR See Remarks
LOT 0.258 acre(s)
LOT DESCRIPTION Level
PARKING Outside
POOL Yes
POOL DESCRIPTION Above Ground, See Remarks, Private
SEWER Septic Tank
STORIES 2
SUBDIVISION Stoval
TAXES 8801.42
UTILITIES Electricity Available
VIEW DESCRIPTION None
WATER Private
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CONTACT US ABOUT 505 E HIGHWAY 290
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Property listed by Cecilia Whitley, Sterling & Associates R.E.
Based on information from the Austin Board of REALTORS ® (alternatively, from ACTRIS) for the period through 3/30/25 10:41 PM PDT. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided “AS IS” and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.

Information being provided is 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.

This IDX solution is (c) Diverse Solutions 2025.

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