Active
1803 Upper Elgin River RD
Elgin TX, 78621
$16,237,450
$2.01 per sqft
Active
185.74 Acres
Land
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.
3906780
MLSⓇ ID
September 24, 2024
Listed
November 21, 2024
Updated
Map
1803 Upper Elgin River RD
Elgin TX, 78621
Exterior/Building Features
Lot Size
185.74 Acres
Lot Features
Agricultural
Sewer
Public Sewer
School Information
School District
Elgin ISD
High School
Elgin
Elementary School
Elgin
Other Property Details
Area Name
EL
Taxes
$477
Tax Frequency
Annually
Garage
No
View
No
View Description
None
County
Bastrop
Water Source
Public
Pool
No
Listing History
Date | Event | Price |
---|---|---|
11/9/2024 | Price change | $16,237,450 13% |
Courtesy of Forever Realty, LLC
Listing Contact: (281) 566-2562
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Listings courtesy of ACTRIS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of ©2024 (date and time MLS GRID Data was obtained). All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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Database last updated 7:15 PM UTC, 11/21/2024