Active Under Contract

416 Depot Street

Elgin, TX 78621

$1,200,000 $5,059/Mo

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Overview

Bed

Bath

7,015

Sqft

0.97

Acre(Lot)

Description

A rare opportunity to own a truly versatile property just minutes from the heart of downtown Elgin. This expansive 7,015 sq ft space is currently operating as a thriving hair salon and spa, yet it has been thoughtfully designed to easily transform into a residential, commercial, or mixed-use property. Inside, you will find a flexible layout with temporary walls that create private rooms for the current business. These can be removed to reveal a wide-open, airy floor plan ready for your next vision. Whether you are dreaming of a boutique, wellness center, creative studio, office headquarters, event venue, or a one-of-a-kind live-work residence, this space delivers the square footage and adaptability to make it happen. An attached studio with its own private entrance adds even more opportu nity. It is ideal for rental income, a separate business, guest suite, or private office. Perfectly positioned near booming downtown Elgin, this property offers the best of both worlds. You get privacy and space while staying just moments away from dining, shopping, and the vibrant energy of a growing city. High visibility, easy access, and strong surrounding development make this an exceptional long-term investment. This is not just a property. It is a canvas for your next chapter.

Property Details

Property Type : Residential

Price : $1,200,000

AD Id : 74528266

MLS Id : 1731722

Beds : 5

Lot Size : 0.97 Acre

Living Area Size : 7,015

Year Built : 1981

Garage : 3

County : Bastrop

Subdivision: Burleson, Jonathan

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total beds: 5

Bathroom Information

Total Baths: 6 Full Baths: 6

Roofing Information

Aluminum, Metal

Flooring Information

Concrete
Interior Features

SeeRemarks

Roof: Aluminum, Metal

Laundry Features: Inside
Heating & Cooling

Heating: SeeRemarks

Building Information

Year Built: 1981

Construction Materials: SeeRemarks

Stories: 2

Pool Features: None

Private Pool: No

Water front Features: None

View: None
Exterior Features

Exterior Features: Balcony

Lot Information

Main Square Feet: 0.967 Lot Size Acres: 0.967 Lot Description: ModerateTrees

Property Information

Subdivision: Burleson, Jonathan Source Property Type: Residential Property SubType: Single Family Residence Direction Faces: North Levels: Two Property Age: 45

Listing Price Information

Listing Price: $1200000

Cash, Conventional

Tax Information

Parcel Number: 14880 Tax Lot: none Tax Year: 2025 Annual Tax: $15400.93 Tax Legal Desc: A18 BURLESON, JONATHAN, ACRES 0.967

Virtual Tour

Virtual Tour (External Link)

Parking Information

None

Garage Information

Garage Space: 3

School Information

Elementary School: Elgin Junior High School: Elgin Senior High School: Elgin
Utility Information

SeeRemarks
Location Information

Direction: From Hwy 290 coming from Austin, you take a left and follow the road until you see the railroad tracks. Its tucked away. WaterSource: SeeRemarks

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
681 County Road 474, Elgin, TX, 78621	$795,000	3	2	1,681	1,681 SqFt
18197 Fm 619, Elgin, TX, 78621	$1,200,000	2	3	2,238	2,238 SqFt
1035 Brandywine Court, Elgin, TX, 78621	$600,000	4	3	2,446	2,446 SqFt
1047 Private Road 3022, Elgin, TX, 78621	$465,000	3	2	1,318	1,318 SqFt
2950 County Road 484 Road, Elgin, TX, 78621	$369,900	3	2	1,345	1,345 SqFt
1081 PR 7023 Prairie, Elgin, TX, 78621	$320,000	3	2	1,353	1,353 SqFt
1081 Private Road 7023, Elgin, TX, 78621	$320,000	3	2	1,353	1,353 SqFt
1094 Raintree Lane, Elgin, TX, 78621	$519,000	4	3	2,099	2,099 SqFt
141 Morning Dove Lane, Elgin, TX, 78621	$495,000	4	2	2,356	2,356 SqFt
224 Old Coach Lane, Elgin, TX, 78621	$289,000	2	1	900	900 SqFt

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ByOwner last updated this listing 06/09/2026 @ 05:12

MLS: 1731722 LISTED BY: Laura Gutierrez, All City Real Estate Ltd. Co 866-277-6005 SOURCE: ACTRIS