Building Details

Units 13

Listing Agency: Evolve Real Estate m***@evolve-realestate.com Show Phone

Listed By: MICHAEL GONZALEZ · License #486448

Source: Crexi

Added: Feb 19 Changed: Aug 15 Last Checked: Aug 29 at 8:40AM

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Investment Insights

Based on property information with market context.

This multifamily investment opportunity is located in Bastrop County, Texas, along Highway 71E and Pine Hill Loop. The property features a mix of housing types that generate approximately $300,000 in annual Net Operating Income (NOI). There are multiple additional revenue opportunities associated with the property.

Key Highlights

• Approximately $300K annual Net Operating Income (NOI).
• Multifamily investment opportunity.
• Located in Bastrop County, TX.

Property Analytics

Property Profile

Current Use

Multifamily properties

Suggested Use

Top Pick HVAC Service Auto Repair Shop Tanning Salon Daycare Center Restaurant Bar & Pub

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

11

Businesses Nearby

Explore this area Business Placement

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

Questions? Ask Rey

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What type of property is this? Where is this multifamily properties located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Multifamily property - Income-producing multifamily property with additional revenue opportunities in Bastrop County.

Where is this multifamily property located?

The property is located at 828 State Highway 71 Bastrop, TX.

What is the asking price?

The asking price for this property is $4,500,000.

What are key features of this property?

This property features: Approximately $300K annual Net Operating Income (NOI).; Multifamily investment opportunity.; Located in Bastrop County, TX.