Discover a unique investment opportunity sitting on 15.197 +/- acres, this versatile farm/ranch property has a strong rental income potential. This expansive tract features multiple rental dwellings and RV spaces, all serviced by a shared well with separate electric meters. With month-to-month leases in place, the property generates steady revenue,… Read More including units renting from $200 to $1,000 per month. While rental units will only be shown once under contract, prospective buyers can tour the land to appreciate its full potential. Whether you're looking to expand your rental portfolio or establish a multi-use ranch, Rental amounts included unit 1 $650, unit 5 $900, unit 6 $1000, unit 7 $850, unit 1 rent unpaid, unit 15 $700, Unit 16 $700, unit 18 $200. Conveniently located 7 miles from the Heart of downtown Elgin, 25 mi from Bastrop, 36 mi from downtown Austin, 38 mi from Austin International Airport, 24 mi from Samsung Factory in Taylor, 34 miles from the Tesla plant. Read Less
Property listed by Sterling & Associates R.E. 512-281-3336 (512) 281-3336
Listing Snapshot
Days Online
155
Last Updated
Property Type
Ranch
Lot Size
15.2 Acres
MLS Number
8442570
Additional Details
Fence
Barbed Wire, Fenced, Livestock
Lot
15.197 acres, Area: 15.197, Moderate Trees, Trees Medium Size
Property
Horse property, Topography: Varied
Taxes
Year: 2024
Utilities
Electricity Connected, Propane, Phone Available, Sewer Connected, Water Connected
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