502 MARTIN LUTHER KING JR DRIVE, BASTROP, TX 78602

Homes for sale in Bastrop.

Homes for sale in 78602.


Active

List Price$199,999

502 Martin Luther King Jr Drive

Bastrop, TX 78602

Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image

Listing #3456787

2

Bedrooms

1 full

Bathrooms

1,036

Square Feet

House

Type

About This Property

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 Features

Location Information

County

Bastrop

Subdivision

Building Blk

County

Bastrop

Directions

Drive east on Chestnut St/Loop 150. Right to Martin Luther King Jr Drive. Property is on the right.

Area

BA

Interior Features

Interior

None

Floors

Wood

Full Baths

1

Laundry

None

Number of Fireplaces

0

Disabled Features

None

Heating

None

Accessibility

None

Exterior Features

Stories

1

Garage Spaces

0

Is New Construction

No

Fencing

None

Exterior

None

Lot Size in Acres

0.54

Foundation

Raised

Waterfront Description

None

Possession

Negotiable

Has Waterfront

No

Water / Sewer

Public Sewer

Has View

No

Water

Public

View

None

Parking Description

None

Is One Story

Yes

School

Elementary School District

Bastrop ISD

Middle School

Bastrop

Elementary School

Bluebonnet (Bastrop ISD)

High School

Bastrop

Additional Information

Roof/Attic

Aluminum

APN

35745

Other Utilities

Electricity Available

Status

Active

Property Type

SFR

Documents Available

See Remarks

Property SubType

Single Family Residence

Square Feet Source

Public Records

Year Built

1905

Similar Listings

Mortgage Calculator

$932

per month

30 Year Fixed. 3.52% Interest Rate.

Principal + Interest

$720

Monthly Tax

$166

Monthly Insurance

$46

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

Real Estate IDX Powered by iHomefinder