$144,900
●
Land -
Off Market
328 La Selva DR
Elgin, TX 78621
Studio
0 Bath
$1,058
Est. Monthly
$155
HOA / Fees
About This Property
OWNER FINANCING AVAILABLE! Take the stress out of buying land with
this spacious lot offering flexible terms with just 5% down. Water,
electricity, septic and a completed survey are already in place,
saving you time and money. Located approximately 40 minutes from
Austin, this property is ideal for investors, builders, or anyone
looking to secure a smart investment with long term potential.
Don't miss this excellent opportunity to own in a high demand area.
Unit Size
-
Days on Market
-
Land Size
0.57 acres
Price per sqft
-
Property Type
Land
Property Taxes
$191
HOA Dues
$155
Year Built
-
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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: 7 months ago (Unlock MLS #ACT5695207)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 15, 2026 | Listed by La Casa Realty Group | $144,900 | |
| Listed by La Casa Realty Group | |||
| Jun 26, 2025 | Withdrawn | - | |
| Withdrawn | |||
| Jun 19, 2025 | Listed by La Casa Realty Group | $159,900 | |
| Listed by La Casa Realty Group | |||
   | |||
|
Take advantage of owner financing with just 5% down and flexible terms. This spacious 0.56-acre lot of untouched land presents limitless opportunities for your future endeavors. Nestled in a scenic setting, it offers the perfect blend of peaceful rural living and modern convenience, with essential utilities already in place -- Saving you both time and effort. Key features include: • Manufactured Homes Allowed (10yrs or newer), Single family homes • Water meter installed and electricity available making the property ready for your plans. • Survey included: Ensuring you have all the information needed to begin your journey with confidence. • Septic available upon request • Flexible options: Whether you’re envisioning a custom-built home or placing a mobile home (10 years old or newer), this property is your blank slate to create your perfect retreat. Only 40 minutes from Austin, don’t wait to make your dream a reality!
| |||
| Jun 16, 2025 | No longer available | - | |
| No longer available | |||
| Apr 29, 2025 | Relisted | $159,900 | |
| Relisted | |||
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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: 2026-04-02 04:25:54
Data Source: Unlock MLS, MLS# ACT5695207
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: 2026-04-02 04:25:54
Data Source: Unlock MLS, MLS# ACT5695207
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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