4
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$4,250,000
Est. payment /mo
19,800 SqFt
Active
828 Highway 71 E Bastrop, TX 78602
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UPDATED:
01/14/2025 02:07 PM
Key Details
Property Type Commercial
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 19,800 sqft
Price per Sqft $214
Subdivision Synergy Centre
MLS Listing ID 6672597
Originating Board actris
Year Built 1995
Annual Tax Amount $11,819
Tax Year 2024
Lot Size 5.331 Acres
Acres 5.331
Property Description
This 5.33-acre commercial property offers a prime investment opportunity just outside Bastrop city limits. Located directly on Highway 71, the site includes a 6-plex, 10 anchored modular homes, 10 RVs, and 3 RV spaces. Tenants handle their own utility expenses, billed monthly. On-site maintenance is managed by a resident couple in exchange for RV rent, utilities, and a monthly stipend. Neighboring commercial developments and high-traffic visibility make this property an ideal choice for potential billboard and food truck income. Rents are below market, with a 15-20% increase feasible as well as potential for billboards and food trucks. Positioned near gas stations, retail, and the rapidly developing growth, this property presents substantial growth and income potential. Do not disturb tenants. Please reach out for more details.
Location
State TX
County Bastrop
Interior
Heating Central, Varies by Unit
Cooling Central Air, Varies by Unit, Wall/Window Unit(s)
Flooring Carpet, Laminate
Fireplace No
Exterior
Utilities Available Electricity Connected, Sewer Connected, Water Connected
Total Parking Spaces 40
Building
Sewer Public Sewer
Water Public
Structure Type Brick
New Construction No
Others
Special Listing Condition Standard
Listed by Keller Williams Realty