185.74 acres | #3906780
Description
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.
Property Details
- Lot DescriptionAgricultural
Measurements
- Acres185.74
Construction Details
- Property TypePurchase
Utilities / Energy Details
- Utility FeaturesElectricity Available, Water Available
- Sewer InformationPublic Sewer
- Utility SourcePublic
Community and Neighborhood Details
- SubdivisionWells, Martin
Location
- School DistrictElgin ISD
- CountyBastrop
- Elementary SchoolElgin
- Middle SchoolElgin
- High SchoolElgin
Financial Details
- Original List Price$14,301,980
- Taxes Annual$477
- Days on Market (Cumulative)159
Other
- MLS #3906780
Location
Legal
Based on information submitted to the MLS GRID as of 2024-11-09 11:38:49 UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Based on information from the Austin Board of REALTORS®. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided "AS IS" and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.
Last Updated: . Source: ACTRIS
Listing Courtesy
Listing Agent: Harold Xia (#691028), Phone: (281) 566-2562
Listing Office: Forever Realty, LLC (#701435)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.