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$149,900
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Property Description
Investor and builder opportunity. 0.308-acre level lot zoned R-3 (Single Family, Duplex, and Zero Lot Line Two-Family District). Property includes a teardown home, creating an ideal blank canvas for redevelopment. Build a single-family rental or duplex and create a strong long-term cash-flow opportunity. No HOA for maximum flexibility and fewer restrictions. Mature trees and no neighbors on one side offer a rare combination of privacy and convenience. Located close to H-E-B, gyms, and major roadways, making it attractive for future tenants or resale. Prime location, flexible zoning, and strong upside. *buyer to do due diligence
Full Property Details
Full Property Details for 503 W Alamo St
General
- Price: $149,900
- Taxes: (2025)
- Status: Active
- Type: Lots/Land
- Source: Austin_MLS
- MLS ID: 8276677
- Updated: 1/8/2026
- Added to Site: 11 day(s) ago
Additional Information
- Shared Amenities: None
Location
- Area: EL
- County: Bastrop
- Subdivision: Smith, J S
- Driving Directions: From 1080 US-290, Head toward Swenson Blvd, Turn left onto W Alamo St, Property will be on the right
School Information
- Elem School District: Elgin ISD
- Midd School District: Elgin ISD
- High School District: Elgin ISD
- Elementary School: Trinity Ranch
- Middle School: Elgin
- High School: Elgin
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Available, Sewer Available, Water Available
Structural Information
- Detached/Attached: Detached
- Property Condition: Tear Down / Value in Land
Additional Structures
- Other Structures: None
Lot Features
- Lot Size (Acres): 0.308
- Lot Size (Sq. Ft.): 13,416.48
- Lot Features: Level, Native Plants, Trees Medium Size
Financial Considerations
- Assessment Amount: $165,600
- Tax Year: 2025
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Special Conditions: Standard
- Documents Avail.: Deed Restriction
- Legal Description: SMITH, J. S., LOT 51C (85 X 158), ACRES 0.308
- Disclosures/Reports: None
- Property ID: 13030
- Lot Number: 51C
Listed by KWLS - T. Kerr Property Group
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Schools
Schools serving 503 W Alamo St
School District:Elgin Independent School District
| Name | Grades | Distance |
|---|---|---|
Elgin El 1005 West 2nd Street, Elgin, TX 78621 | PK-4 | 0.7 mi |
Elgin Middle School 1351 North Avenue C, Elgin, TX 78621 | 7-8 | 1.5 mi |
Elgin High School 14000 County Line Road, Elgin, TX 78621 | 9-12 | 2.6 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 503 W Alamo St
Date
Details
Price
Change
Source
1/08/2026
Listed
$149,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 503 W Alamo St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$4,015
4%
$165,600
-1%
2023
$3,879
100%
$167,473
—
2023
-100%
$167,473
146%
2021
$1,864
-40%
$67,960
-44%
2022
$3,122
50%
$122,134
68%
2020
$2,085
37%
$72,848
41%
2019
$1,527
—
$51,776
-28%
2019
$1,527
-7%
$71,993
31%
2017
$1,647
23%
$55,121
23%
2016
$1,339
-4%
$44,739
—
2014
$1,393
—
$44,739
—
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 503 W Alamo St
503 W Alamo Street, Elgin, TX 78621 (MLS# 8276677) is a Lots/Land property with a lot size of 0.308 acres. 503 W Alamo Street is currently listed for $149,900 and was received on January 08, 2026. Want to learn more about 503 W Alamo Street? Do you have questions about finding other Lots/Land real estate for sale in Elgin? You can browse all Elgin real estate or contact a Coldwell Banker agent to request more information.

