Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    1719 Watterson Rd Red Rock, TX 78662

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $589,000

    Two leased mobile homes near Bastrop, offering steady rental income.

    Property size:
    3,000 SF
    Lot size:
    17.65 Acres

    Property Features for 1719 Watterson Rd

    General Information

    Size
    3,000 SF
    Lot size
    17.65 Acres

    Building Details

    Year built
    2017

    Source: Keller Williams Realty Agent Judah Ross

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Income-Generating Mobile Home Duplex

    Located on Watterson Road, this property presents an investment opportunity with two well-maintained mobile homes. Each home features three bedrooms and two bathrooms, and the property is fully leased, generating a combined rental income of $2,950 per month. The property benefits from an agricultural exemption due to beekeeping, which helps reduce property taxes. Aqua Water Supply and Bluebonnet Electric serve the property. Situated in a peaceful, natural setting, the location offers convenient access to restaurants, shopping, and entertainment in nearby Bastrop. This property is suited for investors seeking a turnkey rental or homeowners desiring a residence with income potential.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Map

    City
    Red Rock
    County
    Bastrop
    State
    Texas
    Longitude
    -97.4063418
    Latitude
    29.9571479

    Nearby Similar for Sale

    • $1,750,000
      77.21 Acres

      Red Rock Pine-Studded Ranch Retreat

      77-acre estate with custom home, stables, barn, and helipad.
      490 -- John Craft Rd, Red Rock, TX 78662
      View Details
    • $1,750,000
      77.21 Acres

      Red Rock Ranch with Hangar

      77-acre Red Rock estate with custom home and barn-hangar.
      490 John Craft Rd, Red Rock, TX 78662
      View Details
    • $1,750,000

      Red Rock Tranquil Country Retreat

      77-acre estate with custom home, stables, barn, and helipad.
      Red Rock, TX 78662
      View Details
    • $799,999

      20 Acres with Income Potential

      20-acre property with mobile homes and commercial potential.
      2540 Fm 20, Red Rock, TX 78662
      View Details
    • $359,900

      20-Acre Ranchette in Red Rock

      20-acre ranchette in Red Rock, TX, mobile homes allowed.
      285 Watterson School Rd, Red Rock, TX 78662
      View Details
    • $379,000

      Unrestricted Income-Generating Property

      1.45 acre property with tiny home, house, and RV.
      3997 Fm 535, Red Rock, TX 78662
      View Details

    FAQs

    What type of property is this?
    Duplex - Two leased mobile homes near Bastrop, offering steady rental income.
    Where is this duplex located?
    The property is located at 1719 Watterson Rd Red Rock, TX.
    What is the asking price?
    The asking price for this property is $589,000.
    What are key features of this property?
    This property features: - Turnkey investment property with immediate cash flow from two leased mobile homes.; - Steady rental income of $2,950 per month from two 3-bedroom, 2-bathroom units.; - Benefits from an existing agricultural exemption (bees) reducing property taxes.
    (512) 998-1957
    Request Owner's contact information
    1719 Watterson Rd Red Rock, TX 78662
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1719 Watterson Rd
    Red Rock, TX 78662
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1719 Watterson Rd Red Rock, TX 78662
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.