Does this property have an HOA?

No, this property does not have a homeowners association.

What are the annual property taxes?

Annual property taxes are $960 (2026).

What school district is this property in?

This property is in the 194 - Lakeville school district.

How long has this property been on the market?

This property has been listed for 174 days.

Listed at

$175,000

1X Main Street

1X Main Street, Elko New Market, MN, 55020

12 Acres

Days on market174

TypeLand

Est. $2,250buyer credit when you buy with SODL

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About this home

12 acres in Downtown Elko. City Sewer & Water available. Zoned Urban Reserve District. Buyer is responsible to determine how many building entitlement's are available for the parcel. Located at the corner of Main Street and Xerxes.

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Home facts

Property typeLand

Lot size12 acres (878x645)

Days on market174

ListedApr 7, 2026

MLS #NST7049989

CountyScott

Parcel #239270080

Facts & features

Interior

Bathrooms: 0

Property

Lot size: 12 acres
Lot dimensions: 878x645
Road frontage: City Street
Road responsibility: Public Maintained Road
Parcel #: 239270080
Zoning: Other,Residential-Single Family

Construction

Property type: Land

Utilities

Utilities: Electricity Available, None Connected, Sewer Available, Water Available

Community & HOA

HOA: No HOA
School district: 194 - Lakeville
High school district: Lakeville

Financial & listing details

Annual tax: $960 (2026)
Listed: Apr 7, 2026
Days on market: 174
Inclusions: For Sale Sign

Interior details

Total bathrooms0

Exterior & lot

Road frontageCity Street

Road responsibilityPublic Maintained Road

ZoningOther,Residential-Single Family

Utilities

Parking & garage

Financial details

Annual taxes$960

Tax year2026

Taxes w/ assessments960

Assessment pendingNo

Lender ownedNo

Short saleNo

ForeclosureNo

Schools

District194 - Lakeville

District number194

District phone9522322000

High schoolLakeville

SODL flat fee brokerage

$2,250Estimated buyer credit

SODL platform fee $3,000Your buyer credit $2,250

Buyer-side commission

3.0%

How SODL buyer credits work

When you buy with SODL, the brokerage charges a flat $3,000 platform fee at closing. The remaining buyer-side commission (typically 3% of the purchase price) is credited directly back to you at closing, reducing the cash you bring to the table.

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Submit offers and manage your transaction through the platform
Keep more money at closing through transparent flat-fee pricing

A clear, modern way to buy with expert guidance and meaningful savings.

Estimated monthly payment

$1,058/mo

Principal & interest$920

Property taxes$80

Home insurance (est.)$58

Down payment

$35,000

0%50%

Credit score

Loan term

These payment estimates are for illustration purposes only and may vary based on your lender, interest rate, credit profile, down payment, taxes, insurance, and loan terms. For a more accurate monthly payment estimate, speak with your lender or connect with SODL’s preferred lending partner.

Location

1X Main Street, Elko New Market, MN, 55020

Street View

Listing information

MLS #NST7049989

StatusActive

Last updatedJun 25, 2026, 10:06 AM

Originally listedApr 7, 2026, 9:37 AM

Listing officeEdina Realty, Inc.

Listing information provided courtesy of the MLS. This information is deemed reliable but is not guaranteed.