502 Martin Luther King Jr Dr, Bastrop, TX 78602
- $199,999
- 2
- BD
- 1
- BA
- 1,036
- SqFt
- List Price
- $199,999
- Status
- ACTIVE
- Days on Market
- 76
- MLS#
- 3456787
- Subtype
- Residential
- Year Built
- 1905
- Bedrooms
- 2
- Bathrooms
- 1
- Full Baths
- 1
- Living Area
- 1,036
- Lot Size
- 23,522
- Acres
- 0.54
- Subdivision
- Building Blk
- Neighborhood
- Building Blk
- MLS Area Major
- Bastrop/Smithville, Burnet/Llano, Caldwell/Fayette
Property 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
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Additional Information
- Amenities
- None
- Interior Features
- None
- Exterior Features
- None
- Taxes
- $6,800
- Appliances
- None
- Heating
- None
- Air Conditioning
- None
- Exterior Construction
- Other
- Stories
- 1
- Levels
- One
- Roof
- Aluminum
- School District
- Bastrop ISD
- Elementary School
- Bluebonnet (Bastrop ISD)
- Middle School
- Bastrop
- High School
- Bastrop
- View
- No View
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Listing courtesy of Beycome Brokerage Realty LLC. Contact: (804) 656-5007
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