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    2600 State Hwy Bastrop, TX 78602

    For Sale
    $44,000,000

    Prime Bastrop County Land: Development Opportunity

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 860-acre property presents a unique investment opportunity in Bastrop County, Texas. Located on State Highway 71, it boasts almost a mile of Colorado River frontage, with readily available water and electricity. The land is unrestricted within Bastrop's ETJ B, allowing for development to County standards. This presents significant potential for a variety of uses, given its size and location in one of Texas's fastest-growing counties. The property's strategic position is further enhanced by its proximity to major developments, including Tesla (8.8 miles), the Boring Company (8.5 miles), and the Bastrop 554 Film Studio (13.8 miles). The asking price is $44,000,000. This expansive tract offers a rare chance to capitalize on the burgeoning growth in the area, making it ideal for residential, commercial, or mixed-use development. The property's substantial size and prime location along Highway 71 provide exceptional visibility and accessibility. With its unrestricted zoning and existing utilities, this land is ready for immediate development. The Colorado River frontage adds significant recreational and aesthetic value, enhancing the overall appeal and potential of this remarkable property. The address is 2600 State Hwy 71, Bastrop, TX 78602.

    Property Features for 2600 State Hwy

    General Information

    Property type
    Farms
    Lot Size
    37,461,600 SF

    HighLights

    • $44,000,000 asking price.
    • 860‑acre mixed‑use land tract.
    • Owner/user investment opportunity.
    • Located in Bastrop County, Texas, at 2600 State Hwy 71, Bastrop, TX 78602.
    • Fronts Highway 71, near Tesla, Boring Co., and Bastrop 554 Film Studio.
    • Unrestricted land in Bastrop's ETJ B, buildable to county standards.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Bastrop
    County
    Bastrop
    State
    Texas
    Longitude
    -97.507134612133
    Latitude
    30.163660514607

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    FAQs

    What type of property is this?
    Farm - Prime Bastrop County Land: Development Opportunity
    Where is this farm located?
    The property is located at 2600 State Hwy Bastrop, TX.
    What is the asking price?
    The asking price for this property is $44,000,000.
    What are key features of this property?
    This property features: $44,000,000 asking price.; 860-acre mixed-use land tract.; Owner/user investment opportunity.
    Request Owner's contact information
    2600 State Hwy Bastrop, TX 78602
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    Bastrop, TX 78602
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    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
    2600 State Hwy Bastrop, TX 78602
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