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
59 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
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Recent Activity
2 weeks ago
Price changed to $16,237,450
2 weeks ago
Listing updated with changes from the MLS®
2 months ago
Listing 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)
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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 haroldzxia@gmail.com
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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