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18007 Farm to Market Road 1100
Elgin, TX 78621
Asking Price
$900K
Asset Type
Land
Class
Class B
What's Special
<ul><li>Strategic FM 1100 frontage along a rapidly expanding growth corridor</li><li>Nearby Briarwood MPC, ACC campus, and major residential expansion drive consumer demand</li><li>Elgin population growth exceeds 40% since 2020 with continued annual growth near 5%</li><li>ETJ location with no zoning or deed restrictions allows flexible development potential</li><li>Surrounded by major employment anchors including Tesla, Samsung, ACC, and Elgin ISD expansion</li></ul><p></p>
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NOI
$80,000
Cap Rate
8.89%
DSCR
1.50
Strong
Cash-on-Cash
9.84%
Monthly Payment
$4,452.709
Annual Cash Flow
$26,567.493
