TBD (88.852 ACRES) SMITH ROAD, BASTROP, TX 78602

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Homes for sale in 78602.


TBD (88.852 Acres) Smith Road

Bastrop, TX 78602

Status of the property has changed, please contact for details

List Price$4,000,000

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Listing #1820084

Lots / Land

Type

About This Property

Transitional land opportunity consisting of +/- 88.852-acres lying within the Bastrop Statutory ETJ. This land is adjacent to Section 1 of the Woodrun Subdivision which was the Phase 1 of a deed restricted, residential development consisting of 44, 1-acre lots - all sold out quickly in 2019. This +/- 88.85 acres was originally the 2nd and 3rd phases of the same residential development, but is now offered as an opportunity for a developer to take over with a new set of plans for a much needed, residential community to fulfill the exponential growth occurring in Bastrop. This property lies off Smith Road with four (4) separate access points off this paved, county maintained road. Infrastructure includes a 6 inch water main line along Smith Road with fire hydrants serviced by AQUA Water. Current owner had previously reserved capacity for 62 water meters with AQUA Water for the development of this +/- 88.85 acres. Bluebonnet Electricity is also located along Smith Road with capacity for future development. Utility availability and current capacity to be independently verified by buyer. There is opportunity here for new manufactured homes or a site built home community. Located minutes from the City of Bastrop, Approximately 20 miles to ABIA and Downtown Austin and an even easier commute to The Boring Company, Space X, The Hyatt Lost Pines Resort & Spa and Tesla. Bastrop County features 2 State Parks and 3 golf courses.

Property Features

Location Information

County

Bastrop

Subdivision

Austin, Stephen F

County

Bastrop

Directions

From Austin, take I-35 South to Hwy 71 towards Bastrop. Continue approx. 24 miles then exit toward Frontage Rd, then turn left onto State Hwy 95 N/TX-21 E for 2.4 miles, then left onto Old McDade Rd, right onto N Main St/Sayers Rd, left onto Smith Road. Property will be on the left and has 4 access points off Smith Road.

Area

BA

Exterior Features

Is New Construction

No

Road Description

Asphalt

Exterior

None

Waterfront Description

None

Water / Sewer

None

Has Waterfront

No

Water

Public

Has View

Yes

Lot Size in Acres

88.852

View

Neighborhood, Rural, Trees/Woods

School

Elementary School District

Bastrop ISD

Middle School

Bastrop

Elementary School

Mina

High School

Bastrop

Additional Information

Other Utilities

Electricity Available, Water Available, Sewer Not Available

APN

45802

Property Type

LL

Status

Pending

Property SubType

Unimproved Land

Documents Available

Aerial

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Mortgage Calculator

$18,680

per month

30 Year Fixed. 3.52% Interest Rate.

Principal + Interest

$14,414

Monthly Tax

$3,333

Monthly Insurance

$933

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

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