Investor and builder opportunity. 0.308-acre level lot zoned R-3 (Single Family, Duplex, and Zero Lot Line Two-Family District). Property includes new fencing & 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
Price cut: $10K (6/4)
$139,900
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
- 170 days |
- 218 |
- 2 |
Zillow last checked:
Listing updated:
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
- Annual tax amount: $4,098
- 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
| Date | Event | Price |
|---|---|---|
| 6/4/2026 | Price change | $139,900-6.7% |
Source: | ||
| 1/8/2026 | Listed for sale | $149,900 |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,098 +2.1% | $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$1,822
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: 1.4 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.
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Texas
- Bastrop County
- Elgin
- 78621
- 503 W Alamo St





