Description
- 2 horse barns totaling 28...professional equine training, boarding facility, and personal residence. Just outside of Austin and minutes outside of the thriving small town of Elgin, this property is within reach. The land is flat, with a gentle slope. 20 acres of Tifton and coastal improved pasture and a good number of hardwood trees on the property for wildlife and cover for livestock. The property has 2 entrances, and frontage on two paved county roads. Improvements including, but not limited to:
- 2 horse barns totaling 28 stalls; all stalls have automatic waters and electric outlet for fans as well as horse/cattle barn with 5 runs. - Dog kennels - numerous holding/turnout pens - Hay Storage for 1,000+ bales
- 2 temperature-controlled tack rooms and break/storage room
- 100 x 100 covered and lighted area with sprinklers
- 160 round pen with solid steel walls, lighted with sprinklers
- Covered cattle working area with squeeze chute
- 6 horse walker
- 5 R. V Hookups
- 21 surveillance cameras throughout property
- 2 wash racks with hot/cold water
- Medical Stocks
- 20 x 20 enclosed shop with slab and sliding doors
- Several cattle and horse holding pens
Houses: The main home sits tucked away from the road through a post oak drive, totaling 2,074 sqft, and is 3 bed / 2 bath. There is an additional 4 bed / 2 bath manufactured home that is in solid shape that is ready for a full-time hand, office, or guest house. The property could serve as a full time or part-time residence for the new owner. There is also a 3 bed 2.5 bath manufactured home built in 2021 very suitable for employees, guests or as a short-term rental. Note: Additional 3/2 home on the corner can be purchased with the ranch if interested. Water: An aqua water meter is in place and there is an active water well on the property for additional water. The Ranch is plumbed to be run entirely by well or Aqua water if needed. Electric provided by Bluebonnet Electric Coop. Taxes: ag evaluation/exemption in place
- Listed by Lem Lewis Lewis • TREC #0516382 • Land & Ranch Realty • (210) 275-3551
Property Details for 126 Abel Lane
Property Details for 126 Abel Lane
| Status | Active |
|---|---|
| MLS # | 5515863 |
| Days on Market | 569 |
| Taxes | $19,798 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Mixed Use |
| MLS Type | Commercial Sale / Mixed Use |
| Year Built | 1976 |
| Lot Size | 37.50 AC / 1,633,500 SF |
| County | Bastrop County |
Location
Building Information for 126 Abel Lane
Payment Calculator
$12,397 per month
30 year fixed, 6.28% Interest
$10,747
$1,650
$0
Property Information for 126 Abel Lane
- Parking Total: 50
- Parking Features: Driveway, Detached, Garage Faces Front, Garage, Garage Door Opener, Gravel
- Garage: Yes
- Flooring: Carpet, Linoleum
- Fireplace: Yes
- Restrictions: No Restrictions
- New Construction: No
- Construction Materials: Brick
- Foundation Details: Slab
- Accessibility Features: None
- FEMA Flood Plain: No
- Road Surface Type: Chip And Seal
- Current Use: Agricultural, Investment, Multi-Family, Ranch, Residential
- Horse: No
- Horse Amenities: Arena
- Leasable Area: 10000.0
- Building Features: Grade Level Loading, See Remarks
- Number Of Buildings: 5
- Building Area Total: 12,000.00
- Building Area Source: Owner
- Cooling YN: Yes
- Cooling: Ceiling Fan(s), Electric
- Heating YN: Yes
- Heating: Electric, Fireplace(s)
- Sewer: Septic Tank
- Utilities: Electricity Connected, Other, Phone Available, Water Connected
- Water Source: Municipal Utility District, Well
- Tax Assessed Value: $1,089,850
- Additional Parcels: Yes
- Additional Parcels Description: 13543
- Tax Year: 2023
- Tax Rate: 1.72%
- Security Features: Closed Circuit Camera(s), 24 Hour Security, Smoke Detector(s)
- Directions: From Elgin: FM 3000 to Mundine Road. Mundine Road to Ragtime Ranch Road. 1/4 mile on right.
Property History for 126 Abel Lane
| Date | Event & Source | Price |
|---|---|---|
| 10/20/2025 | Withdrawn ACTRIS #7477070 | $2,175,000 |
| 03/24/2025 | Listed (Active) ACTRIS #7477070 | $2,175,000 |
| 02/05/2025 | $2,175,000 | |
| 06/13/2024 | Listed (Active) ACTRIS #5515863 | $2,175,000 |
| 02/05/2024 | $2,875,000 | |
| 07/02/2021 | Sold ACTRIS #4334637 | — |
| 06/17/2021 | Pending ACTRIS #4334637 | — |
| 04/26/2021 | Listed (Active) ACTRIS #4334637 | $1,295,000 |
| 04/26/2021 | Withdrawn HARMLS #96186819 | $1,295,000 |
| 04/26/2021 | Withdrawn ACTRIS #8046756 | $1,295,000 |
| 10/27/2020 | Listed (Active) HARMLS #96186819 | $1,295,000 |
| 10/25/2020 | Listed (Active) ACTRIS #8046756 | $1,295,000 |
| 09/30/2020 | $1,375,000 | |
| 09/30/2020 | $1,375,000 | |
| 07/03/2020 | $1,490,000 | |
| 06/30/2020 | $1,490,000 | |
| 01/01/2020 | $1,999,990 | |
| 01/01/2020 | $1,999,990 |
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 126 Abel Lane
Schools near 126 Abel Lane
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 4 | |||
| Public - | 7 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | 5 to 6 |
Rating | School | Distance |
|---|---|---|
Booker T Washington Elementary School PublicPK to 4 | ||
Elgin Middle School Public7 to 8 | ||
Elgin High School Public9 to 12 | ||
Elgin Int Public5 to 6 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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Listing Courtesy of Land & Ranch Realty, Lem Lewis Lewis, TREC #0516382
Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS), Central Hill Country Board of Realtors, Central Texas MLS, Highland Lakes Association of Realtors, Bryan-College Station Association of REALTORS, and Waco Association of REALTORS. All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS, Central Hill Country Board of Realtors, Central Texas MLS, Highland Lakes Association of Realtors, Bryan-College Station Association of REALTORS, Waco Association of REALTORS, and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Copyright© 2026 Austin Board of REALTORS® (alternatively, from ACTRIS), Central Hill Country Board of Realtors, Central Texas MLS, Highland Lakes Association of Realtors, Bryan-College Station Association of REALTORS, and Waco Association of REALTORS. All rights reserved. We do not attempt to independently verify the currency, completeness, accuracy or authenticity of the data contained herein. All area measurements and calculations are approximate and should be independently verified. Data may be subject to transcription and transmission errors. Accordingly, the data is provided on an “as is” “as available” basis only and may not reflect all real estate activity in the market”. © [2026] REsides, Inc. All rights reserved. Certain information contained herein is derived from information, which is the licensed property of, and copyrighted by, REsides, Inc.