Bastrop · Building Blk
$199,999 74 days on market
502 Martin Luther King Jr Dr, Bastrop, TX 78602
- 2bedrooms
- 1bathrooms
- 1,036sqft
- 0.54acres
- 1905year built
About this home
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
Property
- Type
- Single Family Residence
- Levels
- One
- Year built
- 1905
- Lot size
- 0.54 acres
- Subdivision
- Building Blk
- MLS #
- ACT3456787
Inside
- Bedrooms
- 2
- Bathrooms
- 1
- Living area
- 1,036 sqft
Schools
- Elementary
- Bluebonnet (Bastrop ISD)
- High school
- Bastrop
- District
- Bastrop ISD
Costs
- Est. annual taxes
- $1,635 (2026)
Listing
- First listed
- May 14, 2026
- Days listed
- 74
- Status
- Active
Listed by Steve Koleno, Beycome Brokerage Realty LLC · [email protected] · MLS# ACT3456787 · Active
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