Active

Price cut: $112.5K (2/2)

$127,500

305 Lexington Rd, Elgin, TX 78621

0beds

0baths

0.34Acres

Unimproved Land

Built in ----

0.34 Acres Lot

$181,900 Zestimate^®

$--/sqft

$-- HOA

What's special

Beautiful corner lot in the heart of Elgin just a few blocks from the historic downtown, this lot has a lot of possibilities. Lot 14-A can be sold with adjacent lot 14-B Listed separately MLS# and make half of an acre combining both lots, or can be sold individually. There was an old structure which was demolished, all utilities should be there still, Buyers, however to perform all due diligence and confirm with City of Elgin about utilities, zoning and best use. There are a few grown pecan trees providing not only shade in summer but lots of pecans.

6 days

48

1

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 0
Bathrooms: 0

Property

Features

Has view: Yes
View description: None
Waterfront features: None

Lot

Size: 0.34 Acres
Features: Cleared, Corner Lot, Few Trees, Level, Trees-Moderate

Details

Additional structures: None
Has additional parcels: Yes
Parcel number: 57252
Special conditions: Standard

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Electricity Available, Natural Gas Available, Sewer Available, Water Available

Community & HOA

Community

Features: None
Subdivision: Fredrickson

Location

Region: Elgin

Financial & listing details

Tax assessed value: $194,365
Annual tax amount: $4,926
Date on market: 2/2/2026
Listing terms: Cash,Conventional,Texas Vet
Electric utility on property: Yes

Estimated market value

$181,900

$153,000 - $213,000

$1,689/mo

Price history

Date	Event	Price
2/2/2026	Price change	$127,500-46.9%
Source: Unlock MLS #4300240 Report a problem
10/24/2025	Price change	$240,000+71.4%
Source: Central Texas MLS #596277 Report a problem
9/29/2025	Price change	$140,000-6.7%
Source: Unlock MLS #2089416 Report a problem
4/10/2025	Price change	$150,000-6.3%
Source: Unlock MLS #2089416 Report a problem
1/23/2025	Listed for sale	$160,000-13.5%
Source: Unlock MLS #2089416 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	--	$194,365 -5.4%
2024	$4,926 +46.2%	$205,480 +0.6%
2023	$3,369 +588.1%	$204,294 +178.2%

Find assessor info on the county website

BuyAbility℠ payment

Estimated monthly payment

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.

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