Date
Details
Price
Change
Source
5/13/2026
Listed
$1,900,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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Property Description
Are you looking for a commercial location on one of the busiest highways in Texas between Austin and Houston? Welcome to 1389 Highway 290 E. in Elgin, Texas. This unrestricted +/- 10.75-acre property offers incredible flexibility and endless potential for commercial, residential, investment, or mixed-use opportunities in one of Central Texas' fastest-growing corridors.The property features a residential component offering over 2,500 square feet per owner, which could serve as office space, living quarters, or a combination of both. Also included is a 2,400-square-foot red iron steel building with two roll-up doors (12x12 and 8x16 with electric opener), ideal for warehousing, equipment storage, workshop space, or business operations.Additional improvements include a well that is in working order with a transferable 5-year warranty. The well pump, controller, and motor have all been recently replaced. The irrigation system is also currently operational. Conveniently located approximately 7 miles from downtown Elgin, 17 miles from Bastrop, 35 miles from Austin-Bergstrom International Airport, 32 miles from downtown Austin, 25 miles from the Samsung facility in Taylor, and 30 miles from the Tesla plant, this property is positioned perfectly to benefit from the tremendous growth happening throughout Central Texas. Buyer and/or buyer's agent to verify all information including measurements, intended use, restrictions, utilities, and development requirements.
Full Property Details
Full Property Details for 1389 Hwy 290 E
General
- Price: $1,900,000
- Taxes: $10,308 (2025)
- Status: Active
- Type: Commercial
- Source: Austin_MLS
- MLS ID: 5239360
- Updated: Today (5/13/2026)
- Added to Site: Today
Interior
- Flooring: Concrete, Laminate, Tile, Wood
Rooms
Other Rooms
- Laundry: Washer Hookup, Dryer Hookup
Additional Information
- Security/Safety: None
- Equipment: None
Parking
- Garage: Yes
- Total Spaces: 10
- Parking Features: Detached, Garage, Outside, See Remarks, Workshop in Garage
Location
- Area: EL
- County: Bastrop
- Subdivision: Black, Joseph
- Driving Directions: From Elgin take Hwy 290, go approx 2 miles property is on the right. Look for sign.
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Septic Tank
- Water: Public, Well
- Well: Yes
- Utility Description: Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Water Available, Water Connected
Structural Information
- # Buildings: 2
- Detached/Attached: Detached
- Construction: HardiPlank Type, Metal Siding, See Remarks
- Square Feet: 4,900
- Sq. Ft. Source: Owner
- Current Bldg. Use: Residential, Single Family
- Year Built: 1958
- Year Built Source: Public Records
- Property Condition: Resale
Additional Structures
- Other Structures: Residence, Workshop
Lot Features
- Property View: Trees/Woods
- Lot Size (Acres): 10.754
- Lot Size (Sq. Ft.): 468,444.24
Financial Considerations
- Assessment Amount: $650,706
- Tax Amount: $10,308.55
- Tax Year: 2025
- Terms: Cash, Conventional
Disclosures and Reports
- Special Conditions: Standard
- Documents Avail.: Aerial
- Legal Description: A86 BLACK, JOSEPH, ACRES +/- 10.7540
- Disclosures/Reports: Lead Based Paint Disclosure
- Property ID: 10714
Listed by Sterling & Associates R.E.
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We Value Your Privacy
We Value Your Privacy
Or call us at (800) 531-7667
Listing agent
— 1389 Hwy 290 E —
Sterling & Associates R.E.
(512) 281-3336
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 1389 Hwy 290 E
School District:McDade Independent School District
| Name | Grades | Distance |
|---|---|---|
Mcdade Isd 156 Marlin Street, McDade, TX 78650 | PK-5 | 2.4 mi |
McDade High School 156 Marlin Street, McDade, TX 78650 | 6-12 | 2.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1389 Hwy 290 E
Tax History
Tax History for 1389 Hwy 290 E
Year
Property Taxes
Change
Tax Assessment
Change
2024
$7,897
31%
$650,706
-3%
2023
$6,036
100%
$669,468
1%
2022
100%
$665,285
—
2022
100%
$665,925
63%
2021
-100%
$408,462
3%
2020
$6,341
1%
$397,818
3%
2019
$6,309
—
$386,491
4%
2019
$6,309
10%
$370,544
10%
2017
$5,759
6%
$336,526
6%
2016
$5,430
14%
$318,541
6%
2014
$4,745
—
$301,702
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1389 Hwy 290 E
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1389 Highway 290 E, Elgin, TX 78621 (MLS# 5239360) is a Commercial property. 1389 Highway 290 E is currently listed for $1,900,000 and was received on May 13, 2026. Want to learn more about 1389 Highway 290 E? Do you have questions about finding other Commercial real estate for sale in Elgin? You can browse all Elgin real estate or contact a Coldwell Banker agent to request more information.