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TBD FM20, Bastrop, Texas 78602 For Sale

617,986 Sqft - TBD FM20, Bastrop, Texas 78602

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Property Description

This ±14.187-acre tract is a fantastic opportunity for multi-family development in Adelton, a thoughtfully designed master-planned community in Bastrop, Texas. With approvals for over 50 acres of parkland, a scenic trail system, and 125,000 square feet of commercial space, Adelton offers a vibrant and connected lifestyle for future residents.

With frontage along three roads, this site provides excellent access and visibility. It’s just minutes from downtown Bastrop and about 30 minutes from downtown Austin, making it a prime location for residential development. The property is priced at $22,500 per unit, with a minimum of 310 units.

Utilities are already in place, including water and wastewater from West Bastrop Village MUD, electricity from Bluebonnet Electric, gas from CenterPoint Energy, and high-speed fiber internet (1 GIG) from AT&T. Plus, the entire property is outside the FEMA 100-year floodplain, making development even easier.

If you’re looking for a prime multi-family site in a growing, amenity-rich community, this one is worth a closer look!

Basic Details
Property Type : Multi Family
Listing Type : For Sale
Listing ID : ACT4006660
Price : $6,975,000
Year Built : 1701
Lot Size : 617,986 Sqft
Property Sub Type : Multi Family
Standard Status : Active
Features
View : Trees/woods, Neighborhood
Security : See Remarks
Association Fee : $0
Construction Materials : Other
Flooring : See Remarks
Sewer : Mud
Utilities : Electricity Available, Water Available, Sewer Available, Natural Gas Available
Zoning : Planned Development Agree
Address Map
Country : US
State : TX
County : Bastrop
City : Bastrop
Zipcode : 78602
Street : FM20
Street Number : TBD
Longitude : W98° 37' 18.4''
Latitude : N30° 6' 8.2''
Directions : Located on the west side of FM20; 0.6 miles south of the intersection of FM20 and SH71 and approx. 6.4 miles from The Boring Co, SpaceX, and X (formerly known as Twitter) headquarters.
Area : BW
MLS Addon
Office Name : McAllister & Associates
Listing Agent Name : Spence Collins
List Agent MLSID : ACT345335
List Office MLSID : ACT2503
MLS Status : Active
Parcel Number : R41882
Subdivision Name : Adelton
Tax Amount (Annual) : $0
TaxLegalDescription : A98 Blakey, Nancy, ACRES 14.187
TaxYear : 2023
ACT_EstimatedTaxes : $56
TaxAssessedValue : $2,057
ACT_TaxFilledSqftTotal : 0 Sqft
OriginalListPrice : $6,975,000
PreviousListPrice : $0
SpecialListingConditions : Standard
Importer Addon
Close Prc : $0
C$/SqFt : $0
$SqFt : $0
Multi Family For Sale
  • Listing ID : ACT4006660
  • Lot Size : 617,986 Sqft
$6,975,000
Agent info
Stacy Caprio
Ready Real Estate
Austin, TX
Contact Agent