

$380,936
NAL Estimated Property Value16023 Highway 290 E, Elgin, TX, 78621
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About this property
Located in an "Opportunity Zone" Excellent opportunity to develop for commercial use. Property was recently annexed by City of Manor and potential uses include self storage, Boat RV Storage, Plant Nursery, Retail, Industrial/Warehouse, etc. Per City of Manor, wastewater to be installed to the property in 2024 at the latest. Current utilities include water, electric and the main structure has a Septic System. 3 buildings also convey included a very large detached carport, a large enclosed workshop and a large fully heated/cooled structure. Several residential developments in process and coming in the near future immediately west and also east of property. Main structure is in good shape and a has fully and recently updated bathroom.
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Learn About the Market: Opportunity in Texas




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Texas
Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.
Population Growth
~1.3% annually
Net Migration
Positive
Median Home Price
$283,800
Unemployment Rate
4.3%
Price Trend
Flat
New Permits
158,121
City: Elgin
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