Property details
About 111 Lund Rd
Located just north of Elgin at the prominent corner of Highway 95 and Lund Road, this expansive property offers over 25 acres of exceptional commercial potential. Surrounded by the 1,800 home Lund Farm development, this tract sits at the heart of a high-growth corridor and is ideally positioned for future commercial development or a convenience store. With the Elgin ETJ line forming the southern boundary, the property benefits from strategic proximity to city services while maintaining a favorable regulatory environment. Aqua Water is available along Highway 95, adding to the property's development appeal. Currently operating as a cattle operation, the land features improved barns, working pens, and a spacious 3,152 square foot residence per CAD. The property also enjoys the advantage of low property taxes through an agricultural exemption. This is a rare opportunity to secure a high-visibility site in the path of progress with multiple future use options.
Highlights
Summary
- Waterfront: None
- View: Pasture
- List Price: $12,000,000
- Annual Tax Amount: $11,548
- Tax Year: 2021
- Lot: Agricultural, Cleared, Corner Lot, Farm, Gentle Sloping, Level
- Directions: Corner of Lund Road and HWY 95 north of Elgin
- Lot Size: 25.271 Acres
- MLS Number: 6012891
- MLS Name: ACTRIS
- Office Name: Keller Williams Realty
- Office Phone: (512) 581-2042
- Listing Agent: Matthew Gruetzner
Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS or Unlock MLS®). All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS, Unlock MLS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data maintained by the Board, ACTRIS or Unlock MLS may not reflect all real estate activity in the market. Prices displayed on all Sold listings are the Last Known Listing Price and may not be the actual selling price.
Copyright 2025 Unlock MLS and Austin Central Texas Realty Information Services, Inc.
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
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Last updated on: 6/11/2025, 9:45:30 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$12,000,000
111 Lund Rd
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Price information
Property sales
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Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $526,216 | $- |
| 2021 | $368,324 | $11,548 |
| 2019 | $355,003 | $5,001 |
| 2018 | $322,730 | $5,001 |
| 2017 | $300,544 | $7,004 |
History based on county public records data.
Nearby schools
2
Elgin Elementary School
Public District PK-4
2.8 mi
•1005 W 2nd St
3
Neidig Elementary School
Public District PK-4
2.9 mi
•13700 County Line Rd
3
Elgin Intermediate School
Public District 5-6
3.0 mi
•902 W 2nd St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $80,280. The most common annual income of people living in Elgin, TX is between $35k-100k. Typical family type is single, no kids. Typical level of education for residents in this area is high school diploma.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
College Football
Extreme Sports
Pro Wrestling
Where do the neighbors shop?
Best Buy
Express/Express For Men
Academy Sports & Outdoors
Where do the neighbors go to eat?
Texas Roadhouse
Sonic
Little Caesars
What do the neighbors drive?
Ram
Kia
Chevrolet
What do the neighbors listen to?
Contemporary Christian
New Country
Country
Frequently asked questions
About 111 Lund Rd
The listing price of 111 Lund Rd property is $12,000,000.
The property 111 Lund Rd is land located in Elgin, Texas, 78621.
Active Listing: 111 Lund Rd is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 111 Lund Rd are: Elgin Elementary School (GreatSchools Rating 2/10), Neidig Elementary School (GreatSchools Rating 3/10), Elgin Intermediate School (GreatSchools Rating 3/10), Elgin Middle School (GreatSchools Rating 3/10), Coupland Elementary School (GreatSchools Rating 4/10), Cele Middle School (GreatSchools Rating 7/10), Phoenix High School (GreatSchools Rating 1/10), Elgin High School (GreatSchools Rating 3/10), McDade High School (GreatSchools Rating 5/10).
According to the records, the last property tax for 2021 is $11,548 (source: MLS/based on county public records data).
The property 111 Lund Rd is 25.271 acres.
This home is located at 111 Lund Rd in Elgin, TX and zip code 78621. Features: 0 bedroom, 0 bathroom. It has been listed on Rocket Homes since April 22, 2025 and is currently priced at $12,000,000.
While more than 3 listings in Elgin, TX in May 2025 were sold above asking price, there were more than 6 listings sold at asking price, and more than 6 were sold below. The inventory of homes for sale in Elgin, TX between April and May 2025 decreased by 2.8%. The median list price of listings available in May 2025 was $311,067, while the average time on the real estate market was 95 days.