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$6,975,000

TBD FM20, Bastrop, TX 78602

Adelton

Acres14.25
Year Built1701

About This Property

Located in the Adelton master-planned community in Bastrop, Texas, where there are approvals for over 50 acres of parkland, a robust trail system and 150,000 sf of commercial space within. With frontage along three roads, this approx. 14.252 acre tract is an ideal Multi-Family Development Site only minutes to downtown Bastrop and approximately 30 minutes to downtown Austin. Utilities: Water and Wastewater – West Bastrop Village MUD, Electricity – Bluebonnet Electric, Gas – CenterPoint Energy, Internet – AT&T High-Speed Fiber at 1 GIG speed. No portion of the Property lies within the FEMA 100-year floodplain. 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!

Property Details

Property TypeCommercial
MLS #4006660
Days on Market461
Lot Size14.25 acres
Listed12/10/2024
Last Updated12/10/2024

Location

County
Bastrop
MLS Area
BW

Size

$/Acre
$489,405
Heating
None
Cooling
None
Flooring
See Remarks
Construction Materials
Other
Foundation
None
View
Neighborhood, Trees/Woods
Parking Features
None

Location

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Listing provided by Spence Collins · McAllister & Associates · (512) 789-0909

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed and should be independently verified.

$6,975,000