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Multi-Residence Income Property
For Sale
$1,650,000

279 Highline DR, Bastrop, TX 78602

Approximate 17-acre rural multifamily property with multiple homes, metal roofs, fenced yards, and individual storage sheds.

Property Size1,680 SF
Price / SF$982.14
Days on Market140

Property Features for 279 Highline DR

General Information

Standard status Active
Size 1,680 SF
Property subtype General Commercial

Taxes and HOA fees

Annual Taxes $6,149

Amenities

Central Air, Electric, Ceiling Fan(s)
3
Parking.
10 Parking Spaces. Open Parking, Outside, No Parking.
Trees/Woods
Gravel Road.

Building Details

Year Built 2000
Listing Agency: Watters International Realty
Listed By: Christopher Watters · License #0567369
Source: Xome
Added: Apr 22 Changed: Sep 7 Last Checked: Sep 7 at 5:58AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Watters International Realty

Investment Insights

Based on property information with market context.

This approximately 17-acre multi-residence property in rural Bastrop County offers multiple well-maintained homes with a flexible living-and-rental setup. The configuration includes four homes on 243 Highline (plus additional residences at A, B, and C), two houses on 245 Highline, and the main residence at 279 Highline Dr with a mother-in-law plan. 279 Highline Dr shares a water well with adjacent residences and includes a private driveway, a workout room, a bar area, a pickleball court, and expansive open space.

The property also includes multiple residences at 243 Highline Dr, along with 243A, 243B, and 243C Highline Dr, as well as 245 Highline Dr and 245A Highline Dr. Across the property, homes feature metal roofs, coordinated exterior finishes, fenced yards, walk-in showers (ceramic in most units), and individual storage sheds.

Unit details include 245 Highline Dr with a 2-bedroom, 1-bath single-wide layout of approximately 800–900 square feet, walk-in ceramic shower, and covered front and back porches. 245A Highline Dr offers a 3-bedroom, 2-bath layout with a carport, direct access to a covered patio, a fenced yard, and a storage shed with electricity and built-in workbenches.

Key Highlights

  • Approximately 17‑acre rural Bastrop County multi‑residence property with multiple homes on Highline Dr addresses
  • Four well‑maintained homes at 243 Highline Dr plus additional residences at 243A, 243B, and 243C, and at 245 Highline Dr and 245A Highline Dr
  • 279 Highline Dr includes a mother‑in‑law plan and shares a water well with adjacent residences

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

9
Businesses Nearby

Demographics for 78602, TX

33,759
Population
13,485
Households
2.5
Avg Household Size
40
Median Age
27%
College-Educated
87%
High-School Grad
195.3 sq mi
ZIP Area
173
Density / Sq Mi
$86,976
Median Household Income
$41,644
Median Earnings
$1,331
Median Rent
$310,300
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Approximate 17-acre rural multifamily property with multiple homes, metal roofs, fenced yards, and individual storage sheds.
Where is this apartment building located?
The property is located at 279 Highline DR Bastrop, TX.
What is the asking price?
The asking price for this property is $1,650,000.
What are key features of this property?
This property features: Approximately 17‑acre rural Bastrop County multi‑residence property with multiple homes on Highline Dr addresses; Four well‑maintained homes at 243 Highline Dr plus additional residences at 243A, 243B, and 243C, and at 245 Highline Dr and 245A Highline Dr; 279 Highline Dr includes a mother‑in‑law plan and shares a water well with adjacent residences
More about this property
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