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SOLD
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$499,000

Last List Price

505 Highway 290, Elgin, TX 78621

5

beds

5

baths

3,352

sqft

0.26

acres

Single Family Residence

About This Home

This prime 0.258-acre property with Highway 290 frontage offers unbeatable location and is move-in ready! Perfect for investors, this property features 5 units— lots of potential you could live in one unit and rent out the other 4 or rent all 5 units—providing excellent income potential. The upstairs west unit has previously rented for $1,200, while the other 4 units could bring in $700 each. Please note, the functionality of the pool is unknown. The property is being sold "As Is," and the condition is perfect for someone looking to maximize rental income. Don't miss out on this fantastic opportunity! Conveniently located less than a mile from the Heart of downtown Elgin, 18 mi from Bastrop, 25 mi from downtown Austin, 28 mi from Austin International Airport, 17.5 mi from Samsung Factory in Taylor, 23.6 miles from the Tesla plant.

Listings checked every few minutes. MLS# 9246435 was Last Updated: 06-06-2025.

Listed by Cecilia Whitley, Sterling & Associates R.E. (512) 940-3484

Buyer Represented by Heena Raval, Pacesetter Properties (512) 567-9730

Neighborhood

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Listing courtesy of Unlock MLS as distributed by MLS Grid. The information being provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but is not guaranteed accurate by MLS Grid or Unlock MLS.

Frequently Asked Questions

How much is 505 Highway 290?

505 Highway 290 is listed for $499,000. It features 5 bedrooms, 5 bathrooms, 3,352 square feet, 0.258 acres. Built in 1960.

What city is 505 Highway 290 in?

505 Highway 290 is located in Elgin, Texas.

What are the details of 505 Highway 290?

505 Highway 290 was built in 1960, and sits on 0.258 acres of land, and is a single family residence style home.