See Home Value
$570,000
● Land - Off Market

3935 CR 463

Elgin, TX 78621
bedrooms
Studio
bathrooms
0 Bath
$2,827
Est. Monthly
3.10%
Cap Rate

About This Property

Nestled in the countryside of Elgin, this piece of land is part of a larger game ranch that's been divided into 17 uniquely serene tracts. This 24.4-acre lot offers the opportunity to build your dream home in some of Texas' most peaceful and undiscovered settings. The zoning is flexible enough so that you can build up to four structures. The rules are straightforward: you're good to go with site-built homes, and yes, barndominiums get the green light too.

On this particular piece, you'll find a sturdy 3,500 sqft barn set on a concrete slab that is ready for your creativity. It can be converted into a full living space or finished out as a functional barn.

There is currently a wildlife exemption on the property which has a tremendous effect on property taxes, keeping them well under $400 per year.

One of the more unique features of the land is the pond, which offers a peaceful retreat away from the city. The entirety of the land is surrounded by high fences so that if the new owner chooses to bring livestock onto the property, they won't be able to jump over it.
Unit Size
-
Days on Market
-
Land Size
24.36 acres
Price per sqft
-
Property Type
Land
Property Taxes
$28
HOA Dues
-
Year Built
-

Payment Calculator

Cap Rate Calculator

Last updated: 5 months ago (Unlock MLS #ACT5946290)

Price History

Date / Event Date Event Price
Jan 2, 2025 No longer available -
No longer available
Aug 5, 2024 Price Decreased $570,000
↓ $40K (6.6%)
Price Decreased
Feb 15, 2024 Listed by eXp Realty, LLC $610,000
Listed by eXp Realty, LLC

Property Highlights

With View
Parking Details
Parking Features: None
Exterior Details
Security Features: None
Waterfront Features: Pond
Builder Name: N/A
Other Structures: Barn(s), Storage
Construction Materials: None
Patio and Porch Features: None
Pool Features: None
Lot Features: Flag Lot, Open Lot, Wooded, Public Maintained Road
Lot Size Area: 1060990.92
Lot Size Units: Square Feet
Lot Size Acres: 24.357
Lot Size Square Feet: 1060990.92
Water Source: Private
Financial Details
Tax Assessed Value: $602,572
Tax Annual Amount: $331
Utilities Details
Cooling Type: None
Heating Type: None
Sewer : Septic Needed

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By
20250617
06/17/2025
Loft
-
-
$580,000
bedrooms
Loft
bathrooms
-
$450,000 -22.41%
06/17/2025
Taylor Homuth
Spyglass Realty
20240215
02/15/2024
Loft
-
-
$610,000
bedrooms
Loft
bathrooms
-
-
-
Daphne Santa-Maria Quay
eXp Realty, LLC

Building Info

3935 County Rd 463 3935 County Rd 463, Elgin, TX 78621
More about this Building
3935 County Rd 463
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Nearby Rentals

Unit for rent at 1353 Red Town Rd, Elgin, TX, 78621

$2,200 /mo

  • 3 Beds
  • 2 Baths
  • 2,500 ft²
1353 Red Town Rd #B, Elgin, TX, 78621 Listing by JR Soler