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$1,200,000 Just Listed
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Property Description
A rare opportunity to own a truly versatile property just minutes from the heart of downtown Elgin. This expansive 7,015 sq ft space is currently operating as a thriving hair salon and spa, yet it has been thoughtfully designed to easily transform into a residential, commercial, or mixed-use property. Inside, you will find a flexible layout with temporary walls that create private rooms for the current business. These can be removed to reveal a wide-open, airy floor plan ready for your next vision. Whether you are dreaming of a boutique, wellness center, creative studio, office headquarters, event venue, or a one-of-a-kind live-work residence, this space delivers the square footage and adaptability to make it happen. An attached studio with its own private entrance adds even more opportunity. It is ideal for rental income, a separate business, guest suite, or private office. Perfectly positioned near booming downtown Elgin, this property offers the best of both worlds. You get privacy and space while staying just moments away from dining, shopping, and the vibrant energy of a growing city. High visibility, easy access, and strong surrounding development make this an exceptional long-term investment. This is not just a property. It is a canvas for your next chapter.
Full Property Details
Full Property Details for 416 Depot St
General
- Price: $1,200,000
- Taxes: $15,400 (2025)
- Status: Active
- Type: Single Family
- Source: Austin_MLS
- MLS ID: 1731722
- Updated: Today (1/23/2026)
Property History
- 416 Depot St, Elgin, TX
- Listed $1,200,000 on 1/23/26
Interior
- Interior Features: See Remarks
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): See Remarks
- Flooring: Concrete
Rooms
Bathrooms
- Total Bathrooms: 6
- Full Bathrooms: 6
Bedrooms
- Total Bedrooms: 5
- Bedrooms Main: 3
Other Rooms
- Laundry: Inside
Additional Information
- Shared Amenities: See Remarks
- Security/Safety: See Remarks
Exterior
- Exterior Features: Balcony
- Porch/Patio/Deck: See Remarks, Balcony
Parking
- Garage: Yes
- Garage Spaces: 3
- Covered Spaces: 3
- Total Spaces: 6
- Parking Features: None
Location
- Area: EL
- County: Bastrop
- Subdivision: Burleson, Jonathan
- Driving Directions: From Hwy 290 coming from Austin, you take a left and follow the road until you see the railroad tracks. Its tucked away.
- Direction Faces: North
School Information
- Elem School District: Elgin ISD
- Midd School District: Elgin ISD
- High School District: Elgin ISD
- Elementary School: Elgin
- Middle School: Elgin
- High School: Elgin
Heating & Cooling
- Cooling Type: See Remarks
- Heating Type: See Remarks
Utilities
- Sewer: See Remarks
- Water: See Remarks
- Utility Description: See Remarks
Structural Information
- Detached/Attached: Detached
- Construction: See Remarks
- Roof: Aluminum, Metal
- Windows: See Remarks
- Stories/Levels: 2
- Square Feet: 7,015
- Sq. Ft. Source: Public Records
- Living Area: 7,015 Sq. Ft.
- Year Built: 1981
- Year Built Source: Public Records
- Property Condition: See Remarks
Additional Structures
- Other Structures: Second Residence, See Remarks
Lot Features
- Lot Size (Acres): 0.967
- Lot Size (Sq. Ft.): 42,122.52
- Lot Features: Moderate Trees
- Fencing (Description): None
Financial Considerations
- Assessment Amount: $642,388
- Tax Amount: $15,400.93
- Tax Year: 2025
- Terms: Cash, Conventional
Disclosures and Reports
- Special Conditions: Standard
- Legal Description: A18 BURLESON, JONATHAN, ACRES 0.967
- Disclosures/Reports: None
- Property ID: 14880
- Lot Number: none
Listed by All City Real Estate Ltd. Co
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Schools
Schools serving 416 Depot St
School District:Elgin Independent School District
| Name | Grades | Distance |
|---|---|---|
Elgin El 1005 West 2nd Street, Elgin, TX 78621 | PK-4 | 0.3 mi |
Elgin Middle School 1351 North Avenue C, Elgin, TX 78621 | 7-8 | 1.1 mi |
Elgin High School 14000 County Line Road, Elgin, TX 78621 | 9-12 | 2.3 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Estimate the Cost
Estimate the Cost for 416 Depot St
416 Depot Street, Elgin, TX 78621 (MLS# 1731722) is a Single Family property with 5 bedrooms and 6 full bathrooms. 416 Depot Street is currently listed for $1,200,000 and was received on January 23, 2026. Want to learn more about 416 Depot Street? Do you have questions about finding other Single Family real estate for sale in Elgin? You can browse all Elgin real estate or contact a Coldwell Banker agent to request more information.

