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190 Lazy River Lane

Address:  190 Lazy River Ln, Elgin, Texas 78621

 

Price:    $799,900

Description:  Unique opportunity to purchase 2 adjacent legal properties with 2 immaculate/ inviting homes on 2.96 acres combined, each with separate utilities. On a quiet street & VERY close to Tesla/ Austin off of FM 969! One of the properties comes w/ $27,600 of income to help Buyers get loan approval! AMAZING LOCATION. Listing shows the combined bedroom/SF. Perfect as an investment, living in one home & renting the other, or keeping the 2nd free for guests/inlaws/office. NO RESTRICTIONS. Collect fresh eggs from your chickens every morning/ raise some sheep... & still be able to go into the office in Austin. HOME 1: Built in 2002, a very well-laid out 1,408 SF on 1.822 Acres, 2 bed/ 2 bath home w a large multi-purpose room (could be a 3rd bedroom w a closet added), w front & rear covered porches extending home’s width w/ windows & natural light surrounding. Tile floors throughout, open layout. The sunsets off the rear porch are phenomenal over the untouched pastures behind. Primary home is fenced w a 2-car detached garage & 2 addt'l site-built carports attached… perfect for a workshop or addt'l covered parking. Property even comes w/ its own working windmill & underground storm shelter. HOME 2 was built in 2006 on 1.142 acres, is 1,400 sqft & features 3 beds/ 2 full baths. The home is filled w/ natural sunlight & has an open concept kitchen. The laundry room provides for full sized-washer/ dryers & includes a water softener. There is an attached carport & large walk-in shed that conveys. 2nd Home is considered a craftsman-style modular style manufactured home but good luck being able to tell it apart from a stick built home… it has been impeccably maintained & looks site-built. Home 2 is leased for $2,300 per month on 12-month term ($27,600 annual income), but lease can be terminated by landlord w/ 90 days notice if Buyer prefers it vacant. Both houses have metal roofs & their own separate water, electric, & septic systems. Each property/ home can also be purchased separately.

 

Property Features:

  • 2.96 acre Property

    HOME 1:
    • Year Built: 2002
    • 1,408 SF
    • 2 bed/ 2 bath w/ multipurpose room
    • Front & back covered porches
    • Detached custom-built 2 Car garage + 2 carports, 1 metal carport, & tornado shelter
    • Full yard fencing

    HOME 2:
    • 1,400 SF 3 bed/ 2 bath w/ attached carport
    • Tough-Shed Included
    • Currently provides $27,600 annual income
    • Immaculate 2006-built, craftsman-style manufactured home

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