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Jeannette Spinelli

Broker Associate & Founder | Spinelli Residential Group | KW - Austin Portfolio Real Estate

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451 Pleasant Grove Rd , Elgin, TX 78621
$2,000,000
Est. Payment: $10,069.99/mo
0 Bed
0 Bath
0 Sqft
Status: pending | Days on site: 376
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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Jeannette Spinelli
Broker Associate & Founder
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House Description

Unique opportunity to capitalize on a beautifully maintained and cleared 48+ acres in the rapidly growing town of Elgin. The seller has made over $300,000 in improvements, including clearing 1,000 yards of brush, replacing broken fencing with a clean graded surface and a sturdy drill pipe and barbed wire fence, and hauling off debris and junk. All front fence lines, road easements, and ditches have been cleared, graded, mowed, and treated with chemicals for ongoing maintenance. Low restrictions present an incredible development opportunity with completed due diligence, including a feasibility study and proposed plans for subdivision available for interested builders. Additionally, architectural drawings for an inspiring forever home are provided. Perfectly situated between some of the Austin metro's most prolific multi-billion dollar developments and companies like Samsung, Tesla, and Applied Materials, this well-manicured piece of property truly has it all.
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Highlights

Listed by Lawrence Pritchett , (512) 920-6245 and Daniella Garza , (956) 650-3278 MODUS Real Estate , (512) 920-5653. Austin MLS mls logo

Property Type

Vacant Land
Lot/Acreage
48.54

County

Bastrop

Area

EL

 Neighborhood

Harris, Enoch

 School District

Elgin ISD

Listing ID

9095860

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:0
  • ▪ Bathrooms:0
  • ▪ Full Bathrooms:
Other:Private

Exterior Features

Lot:Agricultural,Farm,Level,Private,Many Trees,Trees Large Size,Trees Medium Size
Zoning:Based on feasibility,as-is,.5 acre subd is the current minimum lot size.However,tapping into the existing wastewater system could open upwrds of 6 lots/acre (Elgin Code) and ~200 individual lots.Buyer to verify all info and conduct their own due dilignce.
Others:Garden,Uncovered Courtyard
Sewer:Septic Tank
Principal Interest
$10,070
Taxes
$1,275

Home Price

$2,000,000

Loan Details

30 yrs
6.459%

Down Payment

20%
$400,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$10,069.99

Principal

Taxes

Principal Taxes HOA Total
Monthly $10,069.99 $1,275.00 $0.00 $11,344.99
Yearly $120,839.82 $15,300.00 $0.00 $136,139.82
Total $3,625,194.64 $459,000.00 $0.00 $4,084,194.64

Today's Rates

30 Year

6.46%

20 Year

6.2%

15 Year

5.91%

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Market insight data is pulled from the same city as the listing being viewed (Elgin, TX).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information submitted to the MLS GRID as of the date listed below. 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 data relating to real estate on this website derive in part from the Internet Data Exchange program. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. All properties are subject to prior sale, change or withdrawal. Neither Spinelli Residential Group | KW - Austin Portfolio Real Estate nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing.
Listings courtesy of Austin MLS as distributed by MLS GRID

IDX service by Blueroof 360

Data last updated: 2026-07-17T01:20:20.000Z

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