Property Details

• Price: $4,999,000
• Status: Active
• Property Type: Commercial
• Square Feet: 19,800

Description

Whispering Pines Residential Community presents a rare opportunity to acquire a cash-flowing, income-producing property on ±5.33 acres with prominent frontage along State Hwy 71 in Bastrop County, Texas (outside city limits). The property is strategically located at the corner of Hwy 71 and Pine Hill Loop, offering excellent visibility, access, and proximity to residential and commercial growth near Tahitian Village and Bastrop State Park. The site is improved with a diversified mix of housing, including a 6-plex apartment building, 10 permanent modular homes (anchored), and approximately 12 RV pads, generating consistent rental income. Tenants pay their own utilities, and the property benefits from on-site management presence. Seller reports strong in-place income with upside through rent optimization and expansion (buyer to verify). Utilities include commercial water service through Aqua Water Supply Corporation and multiple county-permitted commercial septic systems. The land is mostly level with mature trees, no known floodplain, no surface water, and no transmission lines on site. The property is reported to be within an Opportunity Zone, potentially offering favorable tax treatment (buyer to independently verify eligibility and benefits). With approximately 251 feet of highway frontage, the property offers future value-add and development potential, subject to approvals, including additional manufactured or tiny homes, RV pads, food trailers, and signage revenue along Hwy 71. Adjacent retail, gas, and commercial uses further enhance long-term demand and visibility. Offered for sale AS-IS, WHERE-IS. No zoning, use, income, or development representations are made. Buyer to independently verify all information, utilities, permits, zoning, floodplain status, and development potential. Ideal for investors seeking stabilized income with upside, or developers targeting a well-located infill tract in one of Bastrop County's fastest-growing corridors.

Features

• County: Bastrop
• County: Bastrop
• Area: BA
• Subdivision: Synergy Centre
• Directions: Head East on State Hwy 71 E. Use the 2nd from the left lane to take the ramp to Houston. Use the left lane to merge onto State Hwy 71 E. Keep left to stay on State Hwy 71 E. Sharp left onto State Hwy 71 W/State Hwy 95 N. Turn right. Destination will be on the right.
• Heating: Central, Varies by Unit
• Floors: Carpet, Laminate
• Disabled Features: None
• Accessibility: None
• Style: Brick
• Is New Construction: No
• Construction/Exterior: Brick
• Possession: See Remarks
• Water / Sewer: Public Sewer
• Water: Public
• Parking Description: Assigned, Common, Direct Access, Open, RV Access/Parking
• Lot Size in Acres: 5.331
• Buildings: 29
• Has Waterfront: No
• Other Utilities: Electricity Connected, Sewer Connected, Water Connected
• Property Type: COM
• Property SubType: Multi Family
• Year Built: 1995
• APN: 76458
• Status: Active
• Documents Available: See Remarks

Location

Address: 828 Highway 71 E Bastrop, TX 78602

City: Bastrop, TX 78602