Property photo 1
Property photo 2
0 Beds
0 Baths

$6,975,000

TBD FM20, Bastrop TX, 78602

Price per sqftN/A
Built in1701
Property typeCommercial
Courtesy of McAllister & Associates, Spence Collins Listing Contact: (512) 472-2100

Overview

Active

Listed Dec 10, 2024

Updated 2 weeks ago

Located in the Adelton master-planned community in Bastrop, Texas, where there are approvals for over 50 acres of parkland, a robust trail system and 150,000 sf of commercial space within. With frontage along three roads, this approx. 14.252 acre tract is an ideal Multi-Family Development Site only minutes to downtown Bastrop and approximately 30 minutes to downtown Austin. Utilities: Water and Wastewater – West Bastrop Village MUD, Electricity – Bluebonnet Electric, Gas – CenterPoint Energy, Internet – AT&T High-Speed Fiber at 1 GIG speed. No portion of the Property lies within the FEMA 100-year floodplain. With frontage along three roads, this site provides excellent access and visibility. It’s just minutes from downtown Bastrop and about 30 minutes from downtown Austin, making it a prime location for residential development. The property is priced at $22,500 per unit, with a minimum of 310 units. Utilities are already in place, including water and wastewater from West Bastrop Village MUD, electricity from Bluebonnet Electric, gas from CenterPoint Energy, and high-speed fiber internet (1 GIG) from AT&T. Plus, the entire property is outside the FEMA 100-year floodplain, making development even easier. If you're looking for a prime multi-family site in a growing, amenity-rich community, this one is worth a closer look!

Additional information

MLS® ID
4006660

Interior Features

Bedrooms
0
Bathrooms
0
Basement
No

Exterior Features

Lot Size
14.25 Acres

Other Property Details

Taxes
$4,886
Tax Frequency
Annually
View
Yes
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