$145,000
●
Land -
For Sale
153 Quanah LN
Elgin, TX 78621
Studio
0 Bath
$903
Est. Monthly
About This Property
Looking for a full ONE-acre lot with EVERYTHING already in place?
This one's worth a look! The original developer is offering an
$8,000.00 credit toward your new septic tank, and the electric
meter and water meter are already installed by the seller. Bring in
your single or doublewide manufactured home (up to 13 years old) or
build the home you've always wanted - all just 10 minutes from
Downtown Elgin, with easy access to both Bastrop and Austin. No
HOA, no floodplain, only a handful of deed restrictions in place to
protect the property's value. Don't let this one pass you by!
Unit Size
-
Days on Market
-
Land Size
1.01 acres
Price per sqft
-
Property Type
Land
Property Taxes
$191
HOA Dues
-
Year Built
-
Listed By
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 21 days ago (Unlock MLS #ACT7594207)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 10, 2026 | Listed by La Casa Realty Group | $145,000 | |
| Listed by La Casa Realty Group | |||
| Dec 1, 2025 | No longer available | - | |
| No longer available | |||
| Sep 23, 2025 | Price Decreased |
$174,900
↓ $5K
(2.8%) | |
| Price Decreased | |||
| Jul 30, 2025 | Price Increased |
$179,900
↑ $20K
(12.4%) | |
| Price Increased | |||
| Jun 11, 2025 | Listed by All City Real Estate Ltd. Co | $160,000 | |
| Listed by All City Real Estate Ltd. Co | |||
 | |||
|
Looking for a ONE acre lot with ALL SERVICES included? check us out! $8000.00 credit from the original developer towards your new Septic Tank project, Electric meter and Water meter are included and installed by seller. Move your single or doublewide MH up to 13yrs old or built your dream house at the perfect location within 10 minutes away from Downtown Elgin. Easy access to Bastrop and Austin. No HOA, No floodplain, just a few deed restrictions to preserve the value of the property. don't miss it!
| |||
Property Highlights
Exterior Details
Waterfront Features: None
Other Structures: None
Lot Features: Few Trees
Lot Size Area: 44082.72
Lot Size Units: Square Feet
Lot Size Acres: 1.012
Lot Size Square Feet: 44082.72
Water Source: Public
Financial Details
Tax Map Number: 109
Tax Assessed Value: $125,179
Tax Annual Amount: $2,288
Utilities Details
Sewer : Septic Needed
Comparables
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Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
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Closing Price
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HOA + Taxes
About Bastrop
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Listed by: Jaime Elizalde
Listed Office: La Casa Realty Group - Listing courtesy of Unlock MLS
Phone: (512) 697-8804
Last Updated: 2026-09-11 04:08:26
Data Source: Unlock MLS, MLS# ACT7594207
Details provided by Unlock MLS as Distributed by MLS Grid and may not match the public record.
Listed Office: La Casa Realty Group - Listing courtesy of Unlock MLS
Phone: (512) 697-8804
Last Updated: 2026-09-11 04:08:26
Data Source: Unlock MLS, MLS# ACT7594207
Based on information from Unlock MLS (alternatively, from ACTRIS). Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided “AS IS” and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some IDX listings have been excluded from this website.
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