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
Property Details
| Status | Active |
| MLS # | ACT230031843 |
| Taxes | $6,800 (2026) / year |
| Type | Residential |
| Year Built | 1905 |
| Lot Size | 0.54 AC / 23,522 SF |
| County | Bastrop |
| Subdivision | Building Blk |
Property Information
Interior
Exterior
Appliances
Community
Parking
Utilities & Construction
Directions: Drive east on Chestnut St/Loop 150. Right to Martin Luther King Jr Drive. Property is on the right.
Location
Property History
| Date | Event | Price |
|---|---|---|
| May 15, 2026 | Listed (Active) · MLS# ACT230031843 | $199,999 |
Full transaction history may not be available. Data sourced from ACTRIS MLS.
Public Records
| Beds | 2 |
| Lot Size | 23,522 Sq. Ft. |
| Style | Residential |
| County | BASTROP |
| MLS # | ACT230031843 |
Schools
Please verify enrollment eligibility directly with schools.
By submitting, you agree to be contacted by Col Realty.
Payment Estimate
For illustrative purposes only. Contact a lender for accurate figures.