Active · MLS# 3456787
502 Martin Luther King Jr Dr
Bastrop, TX, 78602
$175,000
2 Beds · 1 Baths · 1,036 SF · $169/SF
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
Property type
Single Family Residence
Living area
1,036 sq ft
Bedrooms
2
Bathrooms
1 full
Year built
1905
Lot size
0.54 acres
Subdivision
Building Blk
County
Bastrop
Annual taxes
$6,800
Schools
Elementary
Bluebonnet (Bastrop ISD)
Middle
Bastrop
High
Bastrop
Features
Interior
None
Exterior
None
Flooring
Wood
Heating
None
Cooling
None
Views
None
Listing courtesy of Steve Koleno, Beycome Brokerage Realty LLC. Information is provided by Unlock MLS (Austin Board of Realtors) and is deemed reliable but not guaranteed. Adrian Salas is not the listing agent for this property unless otherwise stated.
More homes nearby
Active$4,875,000
212 Doc Bryson None
Bastrop, TX, 78602
5 Beds · 4 Baths · 4,781 SF
Active$2,499,000
196 Willy Rd
Bastrop, TX, 78602
4 Beds · 3 Baths · 2,579 SF
Active$1,999,997
123 & 235 El Camino River Rd
Bastrop, TX, 78602
5 Beds · 2 Baths · 2,000 SF
Listings courtesy of Unlock MLS (Austin Board of Realtors). Information deemed reliable but not guaranteed.