1001 Willow Creek DR new

Elgin,TX 78621

$ 799000

0 Bed

0 Bath

3184 SqFt


Key Details

Property Type Commercial

Sub Type Ranch

Listing Status Active

Purchase Type For Sale

Square Footage 3,184 sqft

Price per Sqft $250

MLS Listing ID 6349867

Tax Year 2024

Lot Size 15.197 Acres

Property Sub-Type Ranch

Property Description

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, 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.

Location

State TX

County Lee

Interior

Heating See Remarks

Cooling Other

Exterior

Utilities Available Electricity Connected,Phone Available,Propane,Sewer Connected,Water Connected

View None

Building

Sewer See Remarks

Water Well

Structure Type HardiPlank Type

New Construction No

Others

Special Listing Condition Estate

View More
Favorite Go Tour