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Property Description

Positioned just off the Highway 71 ramp, this P5-zoned commercial lot offers an exceptional opportunity to develop in one of Central Texas’s fastest-growing corridors. P5 zoning allows higher-density mixed-use projects, including retail, office, multifamily, row homes, and live-work concepts, with buildings up to five stories high. The P5 Form-Based Code encourages a vibrant, walkable streetscape defined by continuous building lines, tree-lined sidewalks, and an active street edge. This district supports a true urban village feel, where residents and visitors can live, work, and shop within the same connected community. The property features a TXDOT-approved driveway and is conveniently surrounded by established commercial developments, national retailers, and new master-planned communities. Just minutes from Downtown Bastrop and within 25 minutes of Austin-Bergstrom International Airport, this site offers unmatched access and visibility. As Bastrop continues its rapid expansion, with new projects such as The Colony, Riverbend, SpaceX/Starlink, 552 Film, and The Boring Company, this parcel sits at the center of Bastrop’s next wave of growth. Whether envisioned as townhomes, medical offices, or a modern retail/office strip, this property provides the flexibility and zoning strength to bring a high-impact project to life. Highlights: • Zoned P5 Urban Center – up to 5 stories permitted • TXDOT-approved driveway for immediate access • Ideal for mixed-use, live/work, medical, or retail development • Located just off Highway 71, minutes from Downtown Bastrop • Surrounded by high-growth residential and commercial activity