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1803 Upper Elgin River RD
Elgin TX 78621 US

$16,237,450

Active Listing ID 3906780
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Lot: 185.74 Acres
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$16,237,450

Active Listing ID 3906780
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1803 Upper Elgin River RD 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.

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Property Features

  • Facts
  • Lot Size: 185.74 Acres
  • Property Type: Land
  • Property Sub-type: Other

School Information

  • School
  • Elgin(Elementary)
  • Elgin(MiddleSchool)
  • Elgin(HighSchool)

Property

  • propertytype: Land
  • propertysubtype: Other
  • listprice: 16237450
  • unparsedaddress: 1803 Upper Elgin River RD
  • postalcity: Elgin
  • stateorprovince: TX
  • country: US
  • postalcode: 78621
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 185.74
  • lotsizeunits: Acres
  • lotsizearea: 185.74
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 30.245861
  • longitude: -97.438751
  • listagentfullname: Harold Xia
  • listagentemail: haroldzxia@gmail.com
  • listagentkey: 3yd-ABORTX-691028
  • listagentmlsid: 691028
  • listagentpreferredphone: 2818279378
  • listagentofficephone: 2815662562
  • listofficekey: 3yd-ABORTX-701435
  • listofficemlsid: 701435
  • disclaimer: Copyright © 2024 UnlockMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: ABORTX
  • listingcontractdate: 2024-09-24
  • listagenturl: http://ForeverRealty.net
  • countyorparish: Bastrop
  • parcelnumber: 12481
  • elementaryschool: Elgin
  • highschool: Elgin
  • elementaryschooldistrict: Elgin ISD
  • middleorjuniorschooldistrict: Elgin ISD
  • highschooldistrict: Elgin ISD
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • waterfrontyn: False
  • architecturalstyle: Other
  • speciallistingconditions: Real Estate Owned
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: False
  • internetconsumercommentyn: True
  • location: -97.43875, 30.245861
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Listing Changed: 11/9/2024 1:10:12 PM GMT
Source Updated Date: 11/21/2024 7:02:54 AM GMT

Courtesy of: Harold Xia, Forever Realty, LLC, haroldzxia@gmail.com

Copyright © 2024 UnlockMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.