Address: Adjacent to: 190 Lazy River Ln, Elgin, Texas 78621
Price: $325,000
MLS #: 1096022
Description: AMAZING opportunity to buy 2.2 acres of land and build your build your dream home & enjoy the wide-open panoramic views of a bucolic landscape. Or subdivide, & add rental units. There is a lovely tree line down the edge of the property in a dry creek. Property has already been leveled and thoughtfully cleared. Raise your own chickens, have sheep or goats. Watch the beautiful sunsets over the ranch-views to the rear of the property. Property has electric and public water availability. Just 10 minutes from the new Tesla factory, expected to hire ~10,000 well-paid workers, this property is ideal for living outside of the hustle Austin, yet is an easy 15 minute commute into town. Property is just minutes from an international airport (ABIA), & yet has the peace and serenity of a country-life setting on a quiet newly-paved road surrounded by friendly neighbors. Deed Restrictions provided below. SELLER FINANCING AVAILABLE (See Seller Financing Section Below)
Public Water is available through Aqua Water. Buyer will need to have a water tap installed. Cost is ~$6,500 for Aqua Water to install a water tap and meter. Buyer to verify. Alternatively, Buyer can install a well. The cost of a well is ~$16,000, but then water usage is essentially unlimited for only the cost of electricity to run the well pump. Installing a well is a good option for larger properties as the entire property can be irrigated without paying for monthly water usage. Electricity is available through Bluebonnet Electric. Buyer will need to have Bluebonnet drop an electric pole where desired. Cost for a pole is ~$2,000, but will depend on Buyer’s desired location for pole. Buyer to verify.
Yes. It is intended that light deed restrictions be recorded to preserve property values. Please see the UNRECORDED deed restrictions here. Please note, at this time, these have not been recorded (meaning they can change), so if a Buyer would like to discuss alterations to these restrictions, please contact Seller.
City/ County codes ultimately dictate number of dwellings. However, two residential structures are permitted in deed restrictions. You can read the UNRECORDED deed restrictions here.
Yes. Double-Wide manufactured homes or larger built within 5-years of installation on the property are permitted. Single-Wide manufactured homes are not permitted. See the UNRECORDED Deed Restrictions here for more details. Please note, at this time, these have not been recorded (meaning they can change), so if a Buyer would like to discuss alterations to these restrictions, please contact Seller.
Essentially, any residential home that is not a Single-Wide manufactured home is an approved home. Site-Built homes, tiny homes, double-wide & triple-wide manufactured homes, modular homes, and barndominiums are all approved homes. See the UNRECORDED Deed Restrictions here for more details.