SHAPIROGROUP
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
Bedrooms
2
Bathrooms
1
Square Feet
1,036
Lot Size
0.54 acres
Year Built
1905
Stories
1
Tax Assessed
$270,482 (2026)
Property Tax
$6,800/yr (2026)
Type
Single Family
Status
Active
Shapiro Group
Last checked 2h ago.
As assigned by the MLS listing; verify with the district.
502 Martin Luther King Jr Dr
Bastrop, TX 78602
Loan Term
Est. Monthly Payment
$1,442
Property tax is the county's 2026 bill of $6,800, not an estimate.
Estimates based on 6.5% rate. Actual payments may vary.
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