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About This Property
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.**
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Sale Terms & Disclosures
Listing History
| Nov 19, 2025 | Listed | Listing Courtesy of Gold Tier Real Estate, LLC - Taylor@goldtier.net | $4,800,000 |
| Nov 19, 2025 | Listed | $4,800,000 |
Frequently Asked Questions About 18401 E US Highway 290, Elgin TX 78621
How much does 18401 E US Highway 290, Elgin TX 78621 cost?
18401 E US Highway 290, Elgin TX 78621 is listed for sale at $4,800,000.
How big is the lot at 18401 E US Highway 290, Elgin TX 78621?
The lot at 18401 E US Highway 290, Elgin TX 78621 is 10.89 acres.
What type of property is 18401 E US Highway 290, Elgin TX 78621?
18401 E US Highway 290, Elgin TX 78621 is a commercial sale property.
Does 18401 E US Highway 290, Elgin TX 78621 have a garage?
18401 E US Highway 290, Elgin TX 78621 has parking. Parking features include none.
What subdivision is 18401 E US Highway 290, Elgin TX 78621 in?
18401 E US Highway 290, Elgin TX 78621 is located in the n/a subdivision in Elgin, TX.
How long was 18401 E US Highway 290, Elgin TX 78621 on the market?
18401 E US Highway 290, Elgin TX 78621 was on the market for 117 days, listed on November 19, 2025.
Is 18401 E US Highway 290, Elgin TX 78621 in a MUD?
Yes. The listing reports water or sewer service from a Municipal Utility District (MUD) at 18401 E US Highway 290, Elgin TX 78621. A MUD adds its own tax rate to the property tax bill.
What financing does the seller of 18401 E US Highway 290, Elgin TX 78621 accept?
The listing says the seller accepts cash, conventional financing.
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