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2285 Fm 1704, Elgin TX 78621

$ 5,300,000
2285 Fm 1704, Elgin TX 78621, , ,
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Overview

  • Property ID
  • 2115130
  • 89 ac

Description

COMMMERCIAL & RESIDENTIAL. This is an amazing opportunity for an investor, developer, farmer or family. 88.6 +/- acres with 1200 feet of road frontage along FM 1704. Two mobile homes with one being currently leased at $2,000. 16,000sqft commercial shed; 12,000 sq ft Barn, 3-private wells, pond, huge horse-riding arena ring, workshop, stables & stalls for horses and other livestock. Easy access to Hwy 290, 20 minutes from Tesla and 5 minutes from the planned Greenport Intl airport. More possible income opportunities include – current discussions for 12 acres to be utilized by a non-profit immediate income potential & potential for the back flat portion to also be used for a big event center. No flood zone areas, currently Ag Exempt for low taxes. This property offers diverse opportunities and easy accessibility, making it ideal for various potential uses.

Features

Other Features
Can Raise Horses
Electrical Utility Available

Details

Property Id : 2115130
Price: $ 5,300,000
Property Lot Size: 89 ac
Syndication Remarks: COMMMERCIAL & RESIDENTIAL. This is an amazing opportunity for an investor, developer, farmer or family. 88.6 +/- acres with 1200 feet of road frontage along FM 1704. Two mobile homes with one being currently leased at $2,000. 16,000sqft commercial shed; 12,000 sq ft Barn, 3-private wells, pond, huge horse-riding arena ring, workshop, stables & stalls for horses and other livestock. Easy access to Hwy 290, 20 minutes from Tesla and 5 minutes from the planned Greenport Intl airport. More possible income opportunities include - current discussions for 12 acres to be utilized by a non-profit immediate income potential & potential for the back flat portion to also be used for a big event center. No flood zone areas, currently Ag Exempt for low taxes. This property offers diverse opportunities and easy accessibility, making it ideal for various potential uses.
Lot Dimensions: 1200X3107
Lot Size(acres): 88.622
Lot Size(sf): 3860374.32
Country: US
Last Listing Change: 2024-09-11T09:23:07.660Z
Property Key: 48021|000000013793|1|105903072
Status Contractual Search Date: 2024-05-24
Listing Key Numeric: 122560897
Est. Taxes: 2713
Originating System Key: actris
Originating System Name: ABOR - actris
FEMA Flood Plain: No
#Photos: 7
Last Price Change: 2024-09-11T09:21:18.373Z
State: TX
Last Status Change: 2024-05-24T17:36:55.667Z
Street Name: Fm 1704
Street# Ext.: 2285
Street#: 2285
#Wells: 3
Property Match: APN
Video Tour Link (Unbranded): https://vimeo.com/521951543/a8389e7921
Community Features: None
Directions: Hwy 290 left onto Ramirez Rd. Right onto S Avenue C. Right onto FM 1704 S continue for 5.6 miles. Turn right to the gate to enter property.
Elem School: Elgin
Elem School District: Elgin ISD
Fencing: Fenced,Gate,Wire,Wood
High School: Elgin
High School District: Elgin ISD
Listing ID: 5751359
Listing Terms: Cash,Conventional,Owner May Carry
Lot Features: Agricultural,Farm,Rolling Slope,Trees-Medium (20 Ft - 40 Ft)
MLS Area Major: EL
Middle School: Elgin
Middle School District: Elgin ISD
Status: Active
Other Structures: Arena,Barn(s),Mobile Home,Shed(s)
Parcel#: R13793
Possession: Close Of Escrow,Funding
Road Surface Type: Gravel,PVD
Sewer: Septic Tank
Special Listing Conditions: Standard
Tax Annual($): 15625.39
Utilities: Above Ground,Electricity Available,Propane,Sewer Available,Water Available
View: Pasture,Pond,Pool
Water Source: Well
Waterfront Features: Pond

Calculator

$ 36,295.52
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 26,799.68

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Info is deemed accurate but not guaranteed. Published info is subject to change. Buyers should conduct their own due diligence and research.

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2285 Fm 1704, Elgin TX 78621

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Gerald Bodle, MBA