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$16,237,450
72 Days On Site

1803 Upper Elgin River RD
Elgin, TX 78621

For Sale|Land|Active
Subdivision:
Wells, Martin
County:
Bastrop

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1803 Upper Elgin River RD1803 Upper Elgin River RD1803 Upper Elgin River RD1803 Upper Elgin River RD
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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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Listing Snapshot
Price 
$16,237,450
Days On Site 
72 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
185.74 Acres
Year Built 
N/A
MLS® Number 
3906780
Status 
Active
Property Tax 
$477.05
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
4 weeks agoPrice changed to $16,237,450
4 weeks agoListing updated with changes from the MLS®
2 months agoListing first seen on site
General Features
Acres 
185.74
Disclosures 
Seller Provided Survey Available
Sewer 
Public Sewer
Special Circumstances 
Real Estate Owned
Utilities 
Electricity AvailableWater Available
Water Source 
Public
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Exterior Features
Fencing 
None
Lot Features 
Agricultural
Other Structures 
Shed(s)
View 
None
Waterview 
None
Community Features
Community Features 
None
Financing Terms Available 
CashConventional
Horse Property 
None
MLS Area 
EL
Roads 
Asphalt
School District 
Elgin ISD
Schools
School District
Elgin ISD
Elementary School
Elgin
Middle School
Elgin
High School
Elgin
Listing courtesy of Forever Realty, LLC [email protected]


All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings courtesy of ACTRIS as distributed by MLS GRID. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein "AS IS" and without any warranty, express or implied.
Data last update - 2024-10-29 07:00 PM CDT

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Neighborhood & Commute
Source: Walkscore
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