Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    142 Settlement Dr Bastrop, TX 78602

    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    19-acre commercial land near Burleson Crossing, Bastrop, TX.

    Lot size:
    19.00 Acres

    Property Features for 142 Settlement Dr

    General Information

    Lot size
    19.00 Acres

    We can help!

    Listing Contact
    Derek Quinn
    Source: Moodyscre

    Listing Agent: Derek Quinn

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

    Learn more

    Overview

    Bastrop Land for Lease

    This is a 19-acre commercial land parcel available for lease. The property is part of an upcoming development adjacent to Burleson Crossing. It is located 32 miles from Downtown Austin via Hwy 71 E and offers close proximity to Hwy 21 and SH 304, providing regional connectivity.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Law Firm Realty agency Restaurant Spa & Massage Hair Salon Dental Office Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Bastrop
    County
    Bastrop
    State
    Texas
    Longitude
    -97.3480868
    Latitude
    30.1129691

    Nearby Similar for Lease

    • Contact for pricing
      14,757 SF

      Retail Space on State Highway

      Retail space with high visibility and accessibility.
      696 State Hwy, Bastrop, TX
      View Details
    • $1,800 /Mo

      Bastrop Historic District Office Space

      Office space in Bastrop's Historic District available for rent.
      808 Spring St, Bastrop, TX 78602
      View Details
    • $1,200 /Mo

      Bastrop Office Units For Lease

      Office units available for lease in Bastrop, Texas.
      1289 E State Hwy 71 Hwy E B100, Bastrop, TX 78602
      View Details
    • Contact for pricing
      18,376 SF

      Bastrop Retail Space For Lease

      Retail space available in Bastrop, near Austin and major routes.
      969 & Sam Houston Dr, Bastrop, TX
      View Details
    • $18 SF/Yr
      1,230 SF

      Hunters Crossing Retail Space

      Bastrop, TX Storefront - 1230 SF Available
      201 Hunters Crossing Blvd, Bastrop, TX 78602
      View Details
    • Contact for pricing
      9,000 SF

      Prime Bastrop Retail Space

      Modern Austin-area storefront, flexible space available.
      969 And Sam Houston Dr, Bastrop, TX 78602
      View Details
    • Contact for pricing
      1,500 SF

      Bastrop Retail or Office Space

      Retail or office space near major retail centers and residential.
      122 Hasler Shr Dr, Bastrop, TX
      View Details
    • Contact for pricing
      3,166 SF

      Turn-Key Restaurant and Bar Space

      Restaurant space with commercial kitchen, bar, and parking.
      1507 Chestnut St, Bastrop, TX 78602
      View Details
    • $3,500 /Mo

      New Industrial Building For Lease

      Newly constructed industrial building with highway visibility available for lease.
      932 Highway 71 E, Bastrop, TX 78602
      View Details
    • Contact for pricing
      10,600 SF

      Bastrop Office Space For Rent

      Office space with Class A finishes and highway visibility.
      3101 Highway 71 E, Bastrop, TX 78602
      View Details
    • $12 SF/Yr
      41,000 SF

      New Industrial Flex Complex

      New industrial/flex complex in Bastrop, TX available for lease.
      1290 State Hwy, Bastrop, TX
      View Details
    • Contact for pricing
      1,603 SF

      Retail Space in Burleson Crossing

      Retail space available within a large shopping center development.
      747 Highway 71 W, Bastrop, TX 78602
      View Details

    FAQs

    What type of property is this?
    Land - 19-acre commercial land near Burleson Crossing, Bastrop, TX.
    Where is this land located?
    The property is located at 142 Settlement Dr Bastrop, TX.
    What are key features of this property?
    This property features: - 19-acre development opportunity; - Adjacent to Burleson Crossing; - Convenient access to Hwy 21 and SH 304
    (512) 833-6444
    Request Owner's contact information
    142 Settlement Dr Bastrop, TX 78602
    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.
    142 Settlement Dr
    Bastrop, TX 78602
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    142 Settlement Dr Bastrop, TX 78602
    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
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Derek Quinn
    (512) 833-6444
    Learn more
    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.