Discover a rare opportunity to own 56 unrestricted acres in Elgin, Bastrop County, offering a perfect blend of rural tranquility and strategic proximity to major developments. Located north of Elgin near Hwy 290 and Hwy 95, this property provides easy access to Elgin, Tesla, Samsung, The Boring Company, and Circuit of the Americas, making it ideal for residential, commercial, or investment use. Red Town Ranch features two stocked ponds, open hay pastures, and a wet-weather creek, making it ideal for cattle grazing, farming, hunting, fishing, and recreation. Abundant wildlife enhances the natural beauty, offering a peaceful escape just minutes from major growth areas. Currently leased for hay and cattle production, the land presents an immediate income-generating opportunity. At the heart of the ranch sits a well-built, 1,997 sq. ft. limestone home constructed in 1977 with 3 bedrooms and 2.5 bathrooms. Showcasing timeless craftsmanship and a cozy fireplace, the home is ready for upgrades to match your vision. Aqua Water and Bluebonnet Electric are connected, as well as septic. Mineral rights are negotiable. Whether you're seeking a peaceful country homestead, a thriving ranch, or prime land for future investment, this property offers unmatched versatility. Embrace the beauty of wide-open spaces while remaining just minutes from Austin’s expanding tech and business hubs.
Discover a rare opportunity to own 56 unrestricted acres in Elgin, Bastrop County, offering a perfect blend of rural tranquility and strategic proximity to major developments. Located north of Elgin near Hwy 290 and Hwy 95, this property provides easy access to Elgin, Tesla, Samsung, The Boring Company, and Circuit of the Americas, making it ideal for residential, commercial, or investment use. Red Town Ranch features two stocked ponds, open hay pastures, and a wet-weather creek, making it ideal for cattle grazing, farming, hunting, fishing, and recreation. Abundant wildlife enhances the natural beauty, offering a peaceful escape just minutes from major growth areas. Currently leased for hay and cattle production, the land presents an immediate income-generating opportunity. At the heart of the ranch sits a well-built, 1,997 sq. ft. limestone home constructed in 1977 with 3 bedrooms and 2.5 bathrooms. Showcasing timeless craftsmanship and a cozy fireplace, the home is ready for upgrades to match your vision. Aqua Water and Bluebonnet Electric are connected, as well as septic. Mineral rights are negotiable. Whether you're seeking a peaceful country homestead, a thriving ranch, or prime land for future investment, this property offers unmatched versatility. Embrace the beauty of wide-open spaces while remaining just minutes from Austin’s expanding tech and business hubs.
Unlock MLS #7489571
Jun 26, 2025
Sold
*
Jun 3, 2025
Pending
—
Mar 27, 2025
Listed
$1,650,000
$826/sq ft
CTXMLS #574491
Jun 3, 2025
Pending
—
Mar 26, 2025
Listed
$1,650,000
$826/sq ft
Year
Property tax
Land + Additions
Assessment*
2026
$4,348 (−2.3%)
$22,936 + $204,539
$227,475
2025
$4,448 (+4.7%)
$22,936 + $204,539
$227,475
2024
$4,250 (+10.6%)
2023
$3,843 (−0.6%)
2022
$3,866 (+2.8%)
2021
$3,760 (−3.8%)
$8,661 + $166,049
$174,710
2020
$3,907 (+23.6%)
$7,431 + $168,076
$175,507
2017
$3,162 (+10.0%)
2016
$2,874 (+9.2%)
2015
$2,632 (+4.1%)
2014
$2,528
$3,899 + $103,120
$107,019
Tax history for 1584 Red Town Rd
Year
Property tax
Land + Additions
Assessment*
2026
$4,348 (−2.3%)
$22,936 + $204,539
$227,475
2025
$4,448 (+4.7%)
$22,936 + $204,539
$227,475
2024
$4,250 (+10.6%)
2023
$3,843 (−0.6%)
2022
$3,866 (+2.8%)
2021
$3,760 (−3.8%)
$8,661 + $166,049
$174,710
2020
$3,907 (+23.6%)
$7,431 + $168,076
$175,507
2017
$3,162 (+10.0%)
2016
$2,874 (+9.2%)
2015
$2,632 (+4.1%)
2014
$2,528
$3,899 + $103,120
$107,019
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.