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 opportunity. 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.
Active
$1,200,000
416 Depot St, Elgin, TX 78621
5beds
7,015sqft
Est.:
Single Family Residence
Built in 1981
0.97 Acres Lot
$1,148,600 Zestimate®
$171/sqft
$-- HOA
What's special
Wide-open airy floor planFlexible layout
- 23 days |
- 270 |
- 2 |
Zillow last checked: 8 hours ago
Listing updated: January 24, 2026 at 02:04am
Listed by:
Laura Gutierrez (512) 767-0103,
All City Real Estate Ltd. Co (866) 277-6005
Source: Unlock MLS,MLS#: 1731722
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 6
- Full bathrooms: 6
- Main level bedrooms: 3
Heating
- See Remarks
Cooling
- Other
Appliances
- Included: None
Features
- See Remarks
- Flooring: Concrete
- Windows: See Remarks
- Number of fireplaces: 1
- Fireplace features: See Remarks
Interior area
- Total interior livable area: 7,015 sqft
Property
Parking
- Total spaces: 3
- Parking features: None
- Garage spaces: 3
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Patio & porch: See Remarks
- Exterior features: Balcony
- Pool features: None
- Fencing: None
- Has view: Yes
- View description: None
- Waterfront features: None
Lot
- Size: 0.97 Acres
- Features: Trees-Moderate
Details
- Additional structures: See Remarks, Second Residence
- Parcel number: 14880
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Foundation: See Remarks
- Roof: Aluminum, Metal
Condition
- See Remarks
- New construction: No
- Year built: 1981
Utilities & green energy
- Sewer: See Remarks
- Water: See Remarks
- Utilities for property: See Remarks
Community & HOA
Community
- Features: See Remarks
- Subdivision: Burleson, Jonathan
HOA
- Has HOA: No
Location
- Region: Elgin
Financial & listing details
- Price per square foot: $171/sqft
- Annual tax amount: $15,400
- Date on market: 1/23/2026
- Listing terms: Cash,Conventional
Estimated market value
$1,148,600
$1.09M - $1.21M
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 1/23/2026 | Listed for sale | $1,200,000$171/sqft |
Source: | ||
Public tax history
Public tax history
Tax history is unavailable.BuyAbility℠ payment
Est. payment
$7,931/mo
Principal & interest
$5981
Property taxes
$1530
Home insurance
$420
Climate risks
Neighborhood: 78621
Nearby schools
GreatSchools rating
- 2/10Elgin IntGrades: 5-6Distance: 0.2 mi
- 4/10Elgin Middle SchoolGrades: 7-8Distance: 1.1 mi
- 2/10Elgin High SchoolGrades: 9-12Distance: 2.3 mi
Schools provided by the listing agent
- Elementary: Elgin
- Middle: Elgin
- High: Elgin
- District: Elgin ISD
Source: Unlock MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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