Address: 190 Lazy River Ln, Elgin, Texas 78621
Price: $749,000
MLS #: NA
Description: Unique opportunity VERY close to Tesla/ Austin off of FM 969! Beautiful 3-acre property w two immaculate homes. Perfect as an investment, living in the main home & renting the 2nd, or keeping the 2nd free for guests, inlaws, or an office. No restrictions. A 3rd home could be added (Buyer to Verify)! Primary home is a very well-laid out 2 bed/ 2 bath home w a large multi-purpose room (easily could be a 3rd bedroom w a closet added), w front & rear covered porches extending the home’s width w/ windows and natural light surrounding. Tile floors throughout, open layout. The sunsets off the rear porch are phenomenal over the untouched pastures behind. The primary home is fully fenced with a 2-car detached garage w/ 2 additional site-built carports attached… perfect for a workshop or for additional covered parking. The property even comes w its own working windmill & storm shelter. 2nd home was built in 2006 & is an additional 1400 sqft, features 3 beds/ 2 full baths. Guest house is considered a modular style manufactured home but good luck being able to tell it apart from a stick built home… it has been impeccably maintained & really looks site-built. It is currently leased for $2,000 per month, but the lease can be terminated with 90 days notice. Both houses have metal roofs, and their own water, electric, and septic systems. Additional adjacent 2.2 acres are available to purchase.
What Utilities are Included?
2 water taps connected through Aqua Water, 2 electric meters connected through Bluebonnet, 2 septic systems installed
Are There Any Restrictions?
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.
Can I Build More Than 1 House?
City/ County codes ultimately dictate number of dwellings. However, 3 residential structures are permitted in deed restrictions. You can read the UNRECORDED deed restrictions here.
Can I have a Manufactured Home?
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.
What kind of home can I put on the Property?
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.
Is there an HOA?
NO HOA
2 water taps connected, 2 electric meters connected, 2 septics systems installed