ActiveMLS# 5841449
$736,000
29.46 Acres · Lot/Land · $24,980/acre
134 Prairie Ln
Elgin, TX 78621 (Bastrop County)

About this property

Exceptional opportunity to own over 29 acres with frontage road along FM 1704, providing excellent visibility and easy access. Located outside the ETJ and free of restrictions, this versatile property offers unlimited potential for residential, commercial, recreational, or investment use. A major advantage is the availability of electricity already on the property, helping reduce development costs and timelines. Situated in a rapidly growing corridor just 30 minutes from Austin, this tract is ideally positioned for both immediate development and long-term appreciation. An existing agricultural exemption may help keep annual property taxes low, making this an attractive buy-and-hold investment while planning future development. Whether you're looking to build, develop, or invest, this property offers the flexibility and location to make your vision a reality.

Property details

Property TypeLot/Land
Acreage29.464 acres
StatusActive
Days on Market8 days
ListedJune 29, 2026
CountyBastrop
ZIP Code78621
Price per Acre$24,980/acre
SubdivisionStandifer, William
HOANo
FencingBarbed Wire, Gate
ViewPasture, Pond
MLS Number5841449
Listed ByRE/MAX Bastrop Area

Location

Area & Lifestyle

About the Area

134 Prairie Ln is located in Elgin, Texas, in Bastrop County. Bastrop County sits at the eastern edge of the Texas Hill Country transition zone, blending the Lost Pines forest, an isolated stand of loblolly pines separated from the East Texas Piney Woods by 100 miles, with open ranch land and the growing spillover of the Austin metro.

The Colorado River flows through the county, and the Lost Pines ecosystem creates a uniquely lush landscape unusual for Central Texas. Bastrop State Park preserves thousands of acres of pine forest that survived and recovered from the devastating 2011 wildfires.

Elgin had an estimated population of 10,996 as of 2023. The 78621 zip code has a median household income of $88,246, a median home value of $262,300, and a median age of 39.2. The average household size is 2.79 people.

Bastrop County is one of the fastest-growing counties in Texas, driven by Austin metro expansion, the Tesla Gigafactory nearby, and SpaceX's Starbase proximity. Agriculture, timber, and tourism coexist with rapid residential and commercial development.

Demographic data sourced from the U.S. Census Bureau, American Community Survey 5-Year Estimates (2023).

Listing information © 2026 Unlock MLS (ACTRIS). All data provided AS IS. Information is deemed reliable but not guaranteed. Listing courtesy of RE/MAX Bastrop Area.

T
X
R
L
Barron Johnson
Broker Associate · Spyglass Realty