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1803 Upper Elgin River RD, Elgin, TX 78621

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For Sale
Foreclosure

$16,237,450

185.74 acres

Estimated Payment

$      /mo. †

APR for 30 years

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  • Other Residential
    Property type

  • 185.7 acres
    Lot size

Explore this Property

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.
MLS# 3906780

Courtesy Of Forever Realty

(281) 566-2562

Property Features

  • Amenities
    Dock
  • Architecture Style
    Other
  • Lot Size
    185.74 Acres

Map and Directions

Directions to 1803 Upper Elgin River RD, Elgin, TX 78621

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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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