ResultsBackNext

1803 Upper Elgin River Rd
ElginTX 78621

$14,301,980
New Listing For Sale
Tools
Size
185.74 Acres
Exterior
Financial
$14,301,980
Change Currency
$478
Annual taxes
Listing Details
Land
Property type
Elgin
Schools
Elgin
Middle
Elgin
High
13194280
Web Id
2788832-3906780
MLS ID
8
Days Posted

Description

1803 Upper Elgin River Rd,

Elgin, TX 78621

Prime opportunity with this expansive 185.74-acre plot in Bastrop County along Upper Elgin River Road. Witness the transformation of this area into a future Silicon Valley' and Hollywood destination.' The land spans 2050 linear feet of frontage along Upper Elgin River Road, 15 minutes from Tesla HQ and Giga factory, and 5 minutes from the under-construction X (formerly Twitter) headquarters, SpaceX Starlink factory, and the Boring Company. Nearby, Spiderwood Studios, Greenpoint private airport, and Ad Astra School, backed by Elon Musk, are key highlights. Lennar Corp. is developing "Snailbrook," a 110-home subdivision next to the Boring Company HQ.Bastrop's rapid development continues: SpaceX and the city are investing $8.5 million in wastewater infrastructure to support new facilities, expected by 2026. The 522-acre movie studio project will feature large studios, sound stages, and office space, with phase 1 set to open in 2025, bringing a $1.3 billion economic boost. Austin developer C&A's projects include a 5,426-acre aviation tech park and a 1,000-acre resort, complete with casinos, hotels, and entertainment aimed at creating a self-sustaining environment with green energy, food production, and water management. This will redefine Bastrop's landscape, attracting major companies and generating investment. Additionally, HEB plans of a $28 million expansion, and the recent purchase a 40,000-square-foot factory by Samsung's supplier LS Electronic are solidifying Bastrop's position as a hub for innovation and growth. With its strategic location, Bastrop is set to become one of Texas' most dynamic areas for business and lifestyle.The agriculture/wildlife exempt land features mature oak, pecan, and elm trees, along with three ponds and a natural creek frequented by ducks and deer. Aqua-water and electricity infrastructure are in place, with a preliminary development plan and water feasibility study completed, offering a solid foundation for future development.

Price History

datepricevariancetype
9/30/2024$14,301,980-Listed
Listing By: Forever Realty via Data Source: AUSTIN MLS 
listing agent: Harold Xia


Located at 1803 Upper Elgin River Rd, Elgin, Texas 78621, this Land is for Sale with a price of $14,301,980 USD. The property. This listing encompasses a lot of 185.74 Acres. See all Homes for Sale in Elgin.
Contact Agent