Speir Lane, Lot 1 – Sold

Address:             Adjacent to: 156 Speir Ln, Elgin, Texas 78621

Price:                   —

MLS #:                  1016880

DescriptionBeautiful 2.0 acre Property is located in a peaceful, country setting minutes from Elgin on a quiet street. Multiple homes/manufactured homes allowed. Clear of brush and ready to build a home or homes. Paved / asphalted street. Just minutes from Elgin, 15 minutes to Bastrop, & 25 minutes to Tesla. Collect fresh eggs from your chickens every morning/ raise some sheep… and still be able to go into the office in Austin if you need. Manufactured homes, site-built, modular, barndominiums, tiny homes ok. No singlewides. Multiple homes/manufactured homes allowed by Deed Restrictions. Public water line running in front of property on Speir Lane with Aqua Water. Electric available from Blue Bonnet. Buyer to verify availability of all utilities and restrictions. Septic needed. Buyer to get survey. Light deed restrictions to protect property values. Deed Restrictions provided below. SELLER FINANCING AVAILABLE (See Seller Financing Section Below)

What Utilities are Included?

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.

 

Are There Any Restrictions?

Yes. There are light deed restrictions to preserve property values. Please see the deed restrictions here. Seller has the ability to consider granting waivers to certain deed restriction items. Please reach out to Seller if you have questions.

Can I Build More Than 1 House?

City/ County codes ultimately dictate number of dwellings. However, 2 residential structures are permitted in deed restrictions. You can read the 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 Deed Restrictions here for more details. Seller has the ability to consider granting waivers to certain deed restriction items. Please reach out to Seller if you have questions.

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 Deed Restrictions here for more details. Seller has the ability to consider granting waivers to certain deed restriction items. Please reach out to Seller if you have questions.