Property profile

713 Chestnut St Bastrop, TX 78602

OFF-MARKET
Commercial real estate
Property ID
US83-1603810
1,748 SF 0.04 ac lot Built 1961
Entity Owned 1-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 3600 sq ft storefront property at 713 Chestnut St, Bastrop, TX 78602, is priced at $840,000. Located on the busiest street in Bastrop's Historic District, this vacant, single-story retail space boasts high-profile signage and undeniable curb appeal. Recently updated, the property features fresh exterior paint, a new front door, and a roof less than five years old, still under warranty. The building, a beautifully updated historic structure, offers an industrial-chic vibe with high ceilings and exposed brick. Two separate front entrances provide excellent access, and the interior includes a kitchenette and three bathrooms. The combined space of approximately 3600 square feet results from the merging of two abutting buildings with interior access. This prime location benefits from the thriving Bastrop economy, fueled by its proximity to Austin International Airport and Tesla. The area is known for its festivals, parades, and tourist attractions, making it an ideal investment for businesses seeking a charming and desirable location in one of Texas' most historic towns. Don't miss this opportunity to be a part of the excitement of historic downtown Bastrop.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1961
Total area 1,748 SF
Lot 0.04 ac (1,960 SF)
APN R33063
UPID US83-1603810

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

713 Chestnut St Bastrop, TX 78602-3202
Bastrop metro Census 950401 AUSTIN-ROUND ROCK, TX METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$295k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$295k

Owner & transaction history

since 2024
1 recorded transaction
2024
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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