Remarks

Incredible Investment Opportunity – Residential Rental or Commercial Development! Don’t miss this unique chance to own a versatile 6-acre property located less than a mile from Hwy 71, ideally situated between Austin and Bastrop. Whether you're looking to generate steady rental income or develop your own commercial project, this property delivers. The site includes 5 tenant-occupied homes, a workshop, and utility packages already in place, making it ready for immediate use or expansion. The area is rapidly growing with nearby businesses already established and major employers like Tesla, The Boring Company, SpaceX, and Austin-Bergstrom International Airport just minutes away. This is a prime location with long-term tenants who consistently pay on time (on the 1st of each month) and have a strong rental history. Perfect for investors, developers, or entrepreneurs—this property offers flexibility and unlimited potential in one of the hottest growth corridors in Central Texas.

Details

MLS#: 9600887
Price: $1,999,000

Style: Multi Family
Bedrooms: 0
Sq Ft: 1500
Year Built: 2015

County: Bastrop
Subdivision: Colorado River Ranchettes
Tax Fee: 7814.78