Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Unimproved Land Tract with Creek Title is generated by Realmo AI

    Bastrop, TX 78602, Bastrop, TX 78602

    View on Map
    Claim this Listing
    For Sale
    $211,000

    LAND - Bastrop, TX

    Lot size:
    4.33 Acres
    Added:
    May 14, 2026
    Days on Market:
    23
    Last Refresh:
    Jun 5 at 11:06 am

    Property Features

    General Information

    Property type
    Land
    Property subtype
    Other
    Vegetation
    Wooded, Brush
    Standard status
    Active
    APN
    77876
    Lot size
    4.33 Acres

    Taxes and HOA fees

    Tax Description
    A340 WADE, PETER F., TRACT 2, ACRES 4.3290

    Utilities

    Water front features
    Creek

    We can help!

    Listing Contact
    Jennifer Simmons

    Listing agent Jennifer Simmons License #0833752

    Listing office EXP REALTY Austin, TX

    Listing date May 14, 2026

    MLS# 21153808 Listing URL

    Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Approximately 4.3+/- acres of unimproved land in Bastrop County
    • Creek feature toward the rear of the property (per aerial maps)
    • Surrounded by open farmland and rural properties
    • No known survey or recorded plat on file
    • Utilities, access, floodplain status, zoning, and development feasibility to be verified by buyer
    • No physical address; aerial maps and drone imagery available

    Overview

    This listing offers approximately 4.3+/- acres of unimproved land in Bastrop County. The property is surrounded by open farmland and rural properties, providing a natural setting. A creek feature is shown toward the rear of the tract on aerial maps. The land is sold as a single tract and there is no known survey or recorded plat on file, so buyers should plan to conduct due diligence on boundaries and site details prior to moving forward.

    The tract is located near a railroad corridor, which may be a factor for certain development concepts or land-use planning. The property does not have a physical address; aerial maps and drone imagery are available for review. Utilities, access, floodplain status, zoning, and overall development feasibility are not confirmed in the available materials and should be verified by the buyer.

    For investors, developers, or end users seeking Central Texas land with potential, this opportunity offers a rural landscape and a natural water feature that could influence how the site is ultimately planned. Because key items such as utilities, access, and zoning are to be confirmed, prospective buyers may want to assess what entitlements, engineering, and environmental considerations may apply before underwriting a final use strategy.
    Location Intelligence

    Current Use by Public Records

    Agricultural land / Farmland

    Map

    City
    Bastrop
    County
    Bastrop
    State
    Texas
    Longitude
    -97.332649
    Latitude
    30.243627

    Nearby Similar for Sale

    • $500,000
      3,600 SF

      Income-Producing Duplex in Tahitian Village

      Duplex in Bastrop's Tahitian Village, ideal for investors or owner-occupants.
      119 N Kanaio Drive, Bastrop, TX 78602
      View Details
    • $675,000
      3,222 SF

      Riverfront Estate with Income Potential

      Private riverfront retreat with versatile living, hosting, and investment options.
      315 Riverwood Drive, Bastrop, TX 78602
      View Details
    • $215,900
      1,024 SF

      Land with Partially Built Warehouse

      3.5+ acres with two adjoining lots, offering room to build and an existing concrete-floored, partially built warehouse.
      137 Ranchette Street lot: 24, Bastrop, TX 78602
      View Details
    • $1,700,000
      1,796 SF

      Bastrop Farm and Ranch Property

      121-acre farm with home, pastures, creek, and wildlife exemption.
      158 #C Synergy Drive, Bastrop, TX 78602
      View Details
    • $325,000

      Mixed-Use Buildable Lot For Sale

      0.248-acre mixed-use lot with utilities and development potential.
      1201 Emile St, Bastrop, TX 78602
      View Details
    • $119,900

      Bastrop Corner Lot for Sale

      1.5-acre corner lot in desirable Bastrop subdivision.
      TBD Lot 20c County Rd lot: 20C, Bastrop, TX 78602
      View Details
    • $698,000

      Bastrop Riverfront Multi-Unit Property

      Private riverfront estate ideal for living, hosting, or investing.
      315 River wood Dr, Bastrop, TX 78602
      View Details
    • $124,500

      Bastrop Land with Mature Oaks

      1.336 acre lot with mature trees near town.
      Post Oak Rim, Bastrop, TX 78602
      View Details
    • $325,000

      Secluded 7.45-Acre Texas Land

      Private, secluded land in Harmony Acres with mature trees.
      109 Crepe Myrtle Rd, Bastrop, TX 78602
      View Details
    • $315,000

      Agricultural Land Development Tract

      A 10+ acre tract off Highway 304 with a private driveway, no floodplain, and water access for flexible development.
      762 Tx-304, Bastrop, TX 78602
      View Details
    • $315,000

      Bastrop Land Near Highway 304

      10.69 acres near Bastrop, suitable for commercial or residential use.
      762 Tx-304, Bastrop, TX 78602
      View Details
    • $63,000

      Residential Homesite in Tahitian Village

      Build in a peaceful, established community with mature pines and Colorado River access nearby.
      258 Lamaloa Lane, Bastrop, TX 78602
      View Details

    FAQs

    What type of property is this?
    Agricultural land / Farmland - Unimproved acreage in Bastrop County with a creek feature, suited for investors evaluating future development potential.
    Where is this agricultural land / farmland located?
    The property is located at Bastrop, TX.
    What is the asking price?
    The asking price for this property is $211,000.
    What are key features of this property?
    This property features: Approximately 4.3+/- acres of unimproved land in Bastrop County; Creek feature toward the rear of the property (per aerial maps); Surrounded by open farmland and rural properties
    (888) 519-7431
    We can help!
    Listing Contact
    Jennifer Simmons
    Real Estate License ID: 0833752
    Learn More
    Request Owner's contact information
    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.
    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
    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

    Thank You for Inquiry
    Bastrop, TX 78602
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!