




$342,000
364 Watersedge Terrace Dr, Elgin, TX, 78621
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About this property
Tons of potential here for a dream riverfront property just a stone's throw away from Austin Bergstrom Airport. This expansive 2+ acre lot boasts a picturesque setting with direct river frontage, offering a rare and unique opportunity for those seeking water frontage while still being conveniently located near city amenities. This property currently features a total of 6 structures. Two of these structures are in close to livable condition and will need some level of remodel/make ready. The remaining 4 structures are not in livable condition. While the property is currently in the process of being cleaned up by the owner, the potential of a pristine and well-maintained estate is evident. As many new homes have been built up in the area. Whether you're looking for a weekend retreat or a permanent residence, this property offers the perfect balance of tranquility and accessibility. Take advantage of the proximity to the city while still relishing the privacy and serenity of your own riverfront oasis. Don't miss out on the opportunity to make this property your own. Embrace the potential, bring your vision to life, and create a home that seamlessly integrates with the natural beauty of this property. Professional photos coming soon.
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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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