502 Martin Luther King Jr Dr, Bastrop, TX 78602

$199,999
2
BD
1
BA
1,036
SqFt

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List Price
$199,999
Status
ACTIVE
MLS#
3456787
Days on Market
76
Bedrooms
2
Bathrooms
1
Living Area
1,036
Lot Size
23,522
Area
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

Additional Information

Taxes
$6,800
Tax Year
2026
Year Built
1905
Parking Spaces
1
Exterior Features
None
Interior Features
None
Roof
Aluminum
Appliances
None
Construction
Other
Region
Bastrop/Smithville, Burnet/Llano, Caldwell/Fayette
View
No View
School District
Bastrop ISD
Elementary School
Bluebonnet (Bastrop ISD)
High School
Bastrop
Middle School
Bastrop
Sewer
Public Sewer
Stories
1
Street Name
Martin Luther King Jr Dr
Street Number
502
Neighborhood
Building Blk
Water
Public
Guest Accommodations
None
Acres
0.54
County
Bastrop
Floor
Wood
Heating
None
Lot Description
Corner Lot

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Calculator source: Real Geeks

Listing courtesy of Beycome Brokerage Realty LLC. Contact: (804) 656-5007

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