262 Highway 290 E, Elgin TX 78621

Elgin, TX 78621 | Madison, J

Ed's Opinion of Value

$243,291 Ed's Estimate: $361,753 $388,000
Lowest Comp Recommended List: $355,000 to $369,000 Highest Comp

Listing History

$379,905 List Price
$273,751 Comp Value
0 Price Reductions

This property was listed at $379,905 and expired after 328 days on market. This listing activity factors into the valuation.

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $361,753. To generate strong buyer interest while maximizing value, I'd price this between $355,000 and $369,000. Among the similar homes currently available in MADISON, J, this price point stands out as competitive. The 2002 construction puts this home 13 years older than the comp average, a factor in the pricing. At 0.55 acres, the lot is larger than the 0.20 acre comp average, which factors into pricing. 7 comparable transactions in MADISON, J support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group
3 Beds
2 Baths 2 Full
1,536 Sq Ft
0.55 Acres
2002 Built

About This Property

Prime commercial (ETJ)property in a high-traffic location! Endless possibilities on this one!!This spacious manufactured home sits on a 0.55-acre lot along Highway 290 in Elgin, TX, with approximately 114 feet of highway frontage. With TXDOT traffic counts at approximately 32,820 cars per day, this property offers excellent visibility and outstanding business opportunities. Whether you're looking for commercial use, investment, or a live/work setup, this location is a rare find.
The home features an open-concept layout with wood laminate flooring, a spacious living area, and a large kitchen with ample cabinet space and a breakfast bar. Additional bedrooms are well-sized with natural light.
Outside, the property offers plenty of space for parking for business operations or future development. With easy access to downtown Elgin, major highways and Austin, this is an incredible opportunity for commercial and residential buyers alike. Additionally, Elgin is experiencing substantial projected growth, making this property an excellent long-term investment in a rapidly expanding area!

Features

  • 2 Primary Baths
  • Ceiling Fan(s)
  • Multiple Dining Areas

Location

Schools

School District Elgin ISD
Elementary Elgin
Middle School Elgin
High School Elgin

Property Details

Property Type Residential
Flooring Vinyl
Cooling Ceiling Fan(s), Central Air
Heating Central
Exterior See Remarks
County Bastrop
MLS # 3039676

Tax Information

Annual Taxes (MLS) $5,187 (2024)

Listing History

MLS# 3039676 328 days
Jun 28, 2026 Off Market
Jan 23, 2026 Price Change $379,905
Aug 4, 2025 Listed $499,905

Frequently Asked Questions About 262 Highway 290 E, Elgin TX 78621

When was 262 Highway 290 E, Elgin TX 78621 built?

262 Highway 290 E, Elgin TX 78621 was built in 2002.

How much does 262 Highway 290 E, Elgin TX 78621 cost?

262 Highway 290 E, Elgin TX 78621 is currently off market.

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