Investor and builder opportunity. 0.308-acre level lot zoned R-3 (Single Family, Duplex, and Zero Lot Line Two-Family District). Property includes a teardown home, creating an ideal blank canvas for redevelopment. Build a single-family rental or duplex and create a strong long-term cash-flow opportunity. No HOA for maximum flexibility and fewer restrictions. Mature trees and no neighbors on one side offer a rare combination of privacy and convenience. Located close to H-E-B, gyms, and major roadways, making it attractive for future tenants or resale. Prime location, flexible zoning, and strong upside. *buyer to do due diligence
Active
$149,900
503 W Alamo St, Elgin, TX 78621
0beds
0baths
0.31Acres
Unimproved Land
Built in ----
0.31 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Mature trees
- 85 days |
- 51 |
- 2 |
Zillow last checked: 7 hours ago
Listing updated: March 16, 2026 at 12:22pm
Listed by:
Tanya Kerr (512) 851-8350,
KWLS - T. Kerr Property Group (512) 851-8350
Source: Unlock MLS,MLS#: 8276677
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 0
- Bathrooms: 0
Property
Features
- Has view: Yes
- View description: None
- Waterfront features: None
Lot
- Size: 0.31 Acres
- Features: Level, Native Plants, Trees-Medium (20 Ft - 40 Ft)
Details
- Additional structures: None
- Parcel number: 13030
- Special conditions: Standard
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Available, Sewer Available, Water Available
Community & HOA
Community
- Features: None
- Subdivision: Smith, J S
Location
- Region: Elgin
Financial & listing details
- Tax assessed value: $165,600
- Date on market: 1/8/2026
- Listing terms: Cash,Conventional,FHA,VA Loan
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
$1,509/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 1/8/2026 | Listed for sale | $149,900 |
Source:  Unlock MLS #8276677 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $165,600 -1.1% |
| 2024 | $4,015 +3.5% | $167,473 |
| 2023 | $3,879 +24.2% | $167,473 +37.1% |
| 2022 | $3,122 +67.5% | $122,134 +79.7% |
| 2021 | $1,864 -10.6% | $67,960 -6.7% |
| 2020 | $2,085 +26.6% | $72,848 +1.2% |
| 2018 | $1,647 | $71,993 +30.6% |
| 2017 | $1,647 +23% | $55,121 +23.2% |
| 2016 | $1,339 -3.9% | $44,739 |
| 2015 | $1,393 | $44,739 |
| 2014 | $1,393 | $44,739 |
| 2013 | -- | $44,739 |
| 2011 | -- | $44,739 +22.6% |
| 2010 | -- | $36,500 +10% |
| 2009 | -- | $33,182 +0.8% |
| 2008 | -- | $32,908 +20% |
| 2007 | -- | $27,423 -16.8% |
| 2006 | -- | $32,964 |
Find assessor info on the county website
Monthly payment
Estimated monthly payment
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 78621
Nearby schools
GreatSchools rating
- 2/10Elgin IntGrades: 5-6Distance: 0.5 mi
- 3/10Elgin Middle SchoolGrades: 7-8Distance: 1.5 mi
- 2/10Elgin High SchoolGrades: 9-12Distance: 2.6 mi
Schools provided by the listing agent
- Elementary: Trinity Ranch
- Middle: Elgin
- High: Elgin
- District: Elgin ISD
Source: Unlock MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Local experts in 78621
- Texas
- Bastrop County
- Elgin
- 78621
- 503 W Alamo St
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