$199,999
Beds: 2
Bath: 1
Sqft: 1,036
Sqft lot: 23,522
Acre lot: 0.54
20 Days On Market

Property listed by Beycome Brokerage Realty LLC 804-656-5007 (804) 656-5007

Status: Active
Property Type: Singlefamilyresidence
Year Built: 1905
Neighborhood: Building Blk
Days On Website: 20

Property Details for 502 Martin Luther King Jr Drive, Bastrop, TX 78602

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

Bathrooms

  • 1 full bathroom

Bedrooms

  • 2 total bedrooms
  • 2 bedrooms on main level

Building

  • Built in 1905
  • Stories: 1
  • 1,036 sqft living area
  • One

Floors

  • Wood

Foundation

  • Raised

Listing

  • Property Subtype: Single Family Residence
  • First day on market
  • Listed on 2026-05-14

Location

  • County: Bastrop
  • Subdivision: Building Blk

Lot

  • 0.54 acres
  • Area: 0.54
  • Corner Lot

Possession

  • Negotiable

Property

  • Tear Down Value In Land

Roof

  • Aluminum

Schools

  • Elementary School: Bluebonnet ( Bastrop ISD)
  • Elementary School District: Bastrop ISD
  • Middle School: Bastrop
  • Middle School District: Bastrop ISD
  • High School: Bastrop
  • High School District: Bastrop ISD

Sewer

  • Public Sewer

Taxes

  • Annual Amount: $6,800
  • Year: 2026

Utilities

  • Electricity Available

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$199,999 - 502 Martin Luther King Jr Drive, Bastrop, TX 78602

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502 Martin Luther King Jr Drive
Bastrop, TX 78602
County: Bastrop