2540 FM 20, RED ROCK, TX 78662
Homes for sale in Red Rock.
Homes for sale in 78662.
List Price$729,977
2540 FM 20
Red Rock, TX 78662
Listing #1261878
4,800
Square Feet
Commercial
Type
About This Property
20 ACRES + INCOME + COMMERCIAL FRONTAGE | NOW $729,000 Recently reduced by $70,000 from $799,000, this income-producing 20-acre property offers immediate cash flow with major upside potential along the rapidly growing FM 20 corridor in Central Texas. The property includes two parcels with four manufactured homes and multiple rentable units currently generating approximately $9,500/month, with projected upside to $12,000--$13,000+ at full occupancy. With high-visibility FM 20 frontage, existing utilities, and prior commercial use as a food truck and auto sales site, the property is well-positioned for RV spaces, mobile home expansion, contractor yard, retail frontage, equipment storage, food truck park, or mixed-use redevelopment. Located near Austin, Bastrop, and Lockhart, this corridor continues to experience strong residential and commercial growth, making large tracts with existing income increasingly difficult to find. Ideal for investors, developers, or entrepreneurs looking for acreage, cash flow, and long-term appreciation in one asset.
Property Features
Location Information
County
Bastrop
Subdivision
N/A
County
Bastrop
Directions
From Bastrop, take TX-71 E toward Smithville. Turn right onto FM 20 S toward Red Rock. Continue approximately 10 miles -- property will be on the right. Look for sign.
Area
BA
Interior Features
Heating
See Remarks
Disabled Features
None
Floors
Tile, Vinyl
Accessibility
None
Exterior Features
Style
Cement Siding
Water
Well
Is New Construction
No
Parking Description
Additional Parking, Gated
Construction/Exterior
Cement Siding
Lot Size in Acres
20.115
Possession
Close Of Escrow
Buildings
4
Water / Sewer
Septic Tank
Has Waterfront
No
Additional Information
Other Utilities
Electricity Connected, Water Connected
APN
R22316
Property Type
COM
Status
Active
Property SubType
Mixed Use
Documents Available
None
Year Built
2023
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Mortgage Calculator
$3,408
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$2,630
Monthly Tax
$608
Monthly Insurance
$170
yrs
%
$
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Schools
Walk Score
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