




$479,000
581 Highway 95 Highway S, Elgin, TX, 78621
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About this property
This property offers a strong mix of residential use and business potential, sitting directly on Highway 95 with excellent frontage, traffic count, and visibility. Located just minutes from Elgin and Bastrop, the property gives you quick access north toward Taylor, west toward Austin, and south toward Bastrop. Whether someone wants to live here, operate a business, or do both, the location gives them flexibility that is hard to find. The property sits on approximately 2.5 acres, offering usable land, highway frontage, and room for equipment, vehicles, storage, or future business needs. Because the property is zoned for business use, it opens the door for an owner-operator, contractor, service-based business, tradesman, or anyone who needs visibility and space without giving up the ability to live on-site. The 30’ x 40’ workshop/outbuilding is a major value-add. It creates immediate utility for tools, inventory, equipment, storage, hobbies, or a small business setup. The oversized carport is designed to fit two full-size trucks, making it ideal for work vehicles, trailers, or daily drivers. The home itself is solid and functional, but the real value is in the overall package: Highway 95 frontage, business zoning, usable acreage, a large workshop, and easy access between Elgin, Bastrop, Taylor, and Austin. For someone looking for a property that offers space, visibility, and real utility, this one checks a lot of boxes.
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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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