763 Upper Elgin River Rd Just under 19 acres in one of Elgin's fastest-growing corridors with excellent development potential less than 30 minutes from Austin. This unrestricted property offers a strong opportunity for investors and developers with no floodplain, easy access to Elgin, Bastrop, and Tesla, and strong surrounding growth. Seller has completed preliminary work for a proposed small-lot subdivision including conceptual plans, construction drawings, and Aqua Water bid information. Existing 4-bedroom farmhouse is tenant occupied month-to-month, providing interim income potential. Ideal for residential development, investment hold, or phased project. Seller is open to a potential JV opportunity with the right buyer/developer.