1001 Willow Creek, Elgin, Texas

$799,000
Active
1001 Willow Creek, Elgin, Texas
1001 Willow Creek, Elgin, Texas
1001 Willow Creek, Elgin, Texas
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Property Details

MLS ID: 8442570
Status: Active
Price: $799,000
Acres: 15.2±
Type: Ranch, Farm, Land
Address: 1001 Willow Creek
City, State: Elgin, TX
County: Lee County
ZIP Code: 78621
Parcel Number: 15777

Description

Discover a unique investment opportunity sitting on 15.197 +/- acres, this versatile farm/ranch property has a strong rental income potential. This expansive tract features multiple rental dwellings and RV spaces, all serviced by a shared well with separate electric meters. With month-to-month leases in place, the property generates steady revenue, including units renting from $200 to $1,000 per month. While rental units will only be shown once under contract, prospective buyers can tour the land to appreciate its full potential. Whether you're looking to expand your rental portfolio or establish a multi-use ranch, Rental amounts included unit 1 $650, unit 5 $900, unit 6 $1000, unit 7 $850, unit 1 rent unpaid, unit 15 $700, Unit 16 $700, unit 18 $200. Conveniently located 7 miles from the Heart of downtown Elgin, 25 mi from Bastrop, 36 mi from downtown Austin, 38 mi from Austin International Airport, 24 mi from Samsung Factory in Taylor, 34 miles from the Tesla plant.

Directions: From Hwy 290, L on FM 696, L on Willow, continue on gravel rd to entrance gate. Dead ends at entrance.

Madeleine Kutach

Madeleine Kutach

Capitol Ranch Real Estate, LLC

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Madeleine Kutach
Capitol Ranch Real Estate, LLC
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© 2025 Austin Board of REALTORS® Based on information submitted to the MLS GRID as of April 2, 2025 at 12:00:00 AM 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.

Listed By: Cecilia Whitley of Sterling & Associates R.e. - (512) 940-3484