UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 2,314 sqft
Price per Sqft $209
Subdivision Elgin City
MLS Listing ID 6559978
Year Built 1935
Annual Tax Amount $8,243
Tax Year 2025
Lot Size 3,044 Sqft
Acres 0.0699
Property Sub-Type Mixed Use
Source actris
Property Description
2,314 SF total improvements featuring:
?1,008 SF retail storefront
?1,306 SF residential apartment (2 bed / 1 bath)
Stabilized dual-income asset with one commercial tenant and one residential tenant in place
Current in-place income producing
Below-market leases provide future upside potential through rental increases and lease repositioning
Extensive renovation completed in 2016 including:
?Electrical wiring
?Plumbing systems
?Interior improvements
New roof installed October 2021
Located along the highly visible North Main Street corridor in Downtown Elgin
Positioned within the rapidly expanding Central Texas growth corridor east of Austin
Ideal opportunity for:
?1031 exchange buyers
?Long-term appreciation investors
?Mixed-use portfolio investors
?Owner-users seeking supplemental income
Walkable downtown location surrounded by restaurants, retail, and local businesses
Low-maintenance, turnkey asset with strong historic downtown character and modernized infrastructure. Minutes to airport, Tesla, State Capital, Samsung (SAS) and Starlink / Boring / X Campus.
Location
State TX
County Bastrop
Area El
Interior
Heating Central
Cooling Ceiling Fan(s), Central Air
Flooring Tile, Wood
Fireplace N
Exterior
Utilities Available Electricity Connected, Sewer Connected, Water Connected
View City, Downtown
Accessibility FullyAccessible
Total Parking Spaces 9
Building
Foundation Slab
Sewer Public Sewer
Water Public
Structure Type Brick,Glass
New Construction No
Others
Restrictions City Restrictions
Acceptable Financing Cash, Conventional
Tax Rate 2.57
Listing Terms Cash, Conventional
Special Listing Condition See Remarks
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Victor A Aguilar
Agent/Team Lead | License ID: 0653089
Agent/Team Lead License ID: 0653089