Description
828 Highway 71 E,
Bastrop,
TX
78602
This 5.33-acre commercial property offers a prime investment opportunity just outside Bastrop city limits. Located directly on Highway 71, the site includes a 6-plex, 10 anchored modular homes, 10 RVs, and 3 RV spaces. Tenants handle their own utility expenses, billed monthly. On-site maintenance is managed by a resident couple in exchange for RV rent, utilities, and a monthly stipend. Neighboring commercial developments and high-traffic visibility make this property an ideal choice for potential billboard and food truck income. Rents are below market, with a 15-20% increase feasible as well as potential for billboards and food trucks. Positioned near gas stations, retail, and the rapidly developing growth, this property presents substantial growth and income potential. Do not disturb tenants. Please reach out for more details.
Listing By: Keller Williams Realty via Data Source: AUSTIN MLS
Multi Family
Property type
Bastrop Independent
School District
Bastrop Independent
School District
bastrop-isd-bastrop-tx
Schools
Price History
date | price | variance | type |
---|
1/17/2025 | $4,250,000 | - | Listed |
listing agent: Kasey Jorgenson