502 Martin Luther King Jr

Bastrop, TX 78602 · Bastrop County

$199,999Price
2Beds
502 Martin Luther King Jr
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Description

Prime 0.50-acre infill site positioned along Martin Luther King Jr Dr with strong visibility and direct access to major transportation corridors. Located in a high-growth Bastrop submarket, this property presents a compelling value-add opportunity through rezoning and redevelopment. The site includes an older residential structure; however, the highest and best use is commercial or mixed-use development. Investment Highlights 0.50 Acres (21,780 SF) High-visibility location with strong traffic exposure Strategic positioning near major highway access Flat, usable lot with development potential Existing structure (tear-down or repurpose) Utilities available in the area Located in the path of growth in Bastrop

Contact Agent

C
Col Realty
Col Realty
(512) 699-3810

Property Details

StatusActive
MLS #ACT230031843
Taxes$6,800 (2026) / year
TypeResidential
Year Built1905
Lot Size0.54 AC / 23,522 SF
CountyBastrop
SubdivisionBuilding Blk

Property Information

Interior

None

Exterior

None

Appliances

None

Community

None

Parking

None

Utilities & Construction

Heat: NoneAC: NoneWoodRoof: AluminumFoundation: Raised
🏊 Pool

Directions: Drive east on Chestnut St/Loop 150. Right to Martin Luther King Jr Drive. Property is on the right.

Location

Property History

DateEventPrice
May 15, 2026 Listed (Active) · MLS# ACT230031843 $199,999

Full transaction history may not be available. Data sourced from ACTRIS MLS.

Public Records

Tax Record 2026$6,800
Year Built1905
Beds2
Lot Size23,522 Sq. Ft.
StyleResidential
CountyBASTROP
MLS #ACT230031843

Schools

E
Bluebonnet (Bastrop ISD)
Public · Elementary · Serves this home
M
Bastrop
Public · Middle School · Serves this home
H
Bastrop
Public · High School · Serves this home

Please verify enrollment eligibility directly with schools.

$199,999
502 Martin Luther King Jr, Bastrop, TX

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Payment Estimate

Estimated monthly payment
Principal & Interest
Property Taxes

For illustrative purposes only. Contact a lender for accurate figures.