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    Bastrop County, TX Multifamily Properties for Sale

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    Riverfront Multifamily Estate
    Updated: Feb 16
    Riverfront Multifamily Estate

    315 Riverwood Drive, Bastrop, TX 78602

    $675,000
    3,222 sqft 1.52 AC lot
    Direct Colorado River access with river views and waterfront outdoor amenities including a riverside pavilion and fishing/kayaking
    Three separate living spaces plus a rustic log cabin that can be used as an office, studio, guest house, or potential fourth unit
    Owner’s suite with spa‑inspired bath (clawfoot tub), oversized walk‑in closet, private river‑view deck, and elevator access
    Studio apartment includes a full kitchen and bath
    Three‑bedroom residence features granite counters, kitchen island, covered patio, and custom tile finishes
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    This listing looks promising.

    Here's a quick look at some key insights for

    315 Riverwood Drive, Bastrop, TX 78602

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    • Est. Cap Rate

      8%
      Above avg (5.9%)

    • Est. NOI

      $54K
      Annual

    • Price @ 7% Cap

      $772K
      Above asking

    • Property Type

      Single Family Residence
      Built 2009
    View Property Analytics
    Income-Generating Duplex with Two Units
    Updated: Apr 2
    Income-Generating Duplex with Two Units

    119 N Kanaio Drive, Bastrop, TX 78602

    $500,000
    3,600 sqft 0.30 AC lot
    Full duplex with 3,600 sqft total (1,800 sqft per unit), with each unit offering 3 bedrooms and 2 bathrooms
    Unit A is tenant occupied at $1,650/month; Unit B is vacant and ready for an owner occupant or new tenant
    Each unit has a bedroom and a full bath on the main level
    2018‑built duplex with hardiplank and stone veneer construction and a composition shingle roof
    Unit A has carpet upstairs; Unit B has upgraded LVP upstairs
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    Historic Hotel Building with Plans
    Historic Hotel Building with Plans

    111 NE 2nd Street, Smithville, TX 78957

    $350,000
    10,800 sqft 0.12 AC lot

    Historic three-story hotel building with conveyed development plans for apartments, retail, event venue, and rooftop space.

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    Multi-Residence Income Property
    Multi-Residence Income Property

    279 Highline Dr, Bastrop, TX 78602

    $1,875,000
    1,680 sqft

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

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Updated Farmhouse-Style Duplex
    Updated Farmhouse-Style Duplex

    205 2nd Ave #1 & 2, Smithville, TX 78957

    $359,000
    1,680 sqft

    Each side offers two bedrooms and one bath with open-concept living, dining, and kitchen areas, plus updated flooring and paint.

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    8-Acre Property with Rental Income
    8-Acre Property with Rental Income

    194 Williams Ln A & C, Cedar Creek, TX 78612

    $1,280,000
    8.00 AC lot

    Two lots with three mobile homes, immediate rental income.

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    Multi-Unit Investment Opportunity in Bastrop
    Multi-Unit Investment Opportunity in Bastrop

    251 Zimmerman Ave A, Bastrop, TX 78602

    $1,360,000
    0.30 AC lot

    Multiple units for sale in Bastrop, Texas.

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    Bastrop Land with Commercial Potential
    Bastrop Land with Commercial Potential

    1540 N Highway 95, Bastrop, TX 78602

    $2,200,000
    861,617 sqft 19.50 AC lot

    19.5 acres near Bastrop suitable for various commercial uses.

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    Bastrop Riverfront Multi-Unit Property
    Bastrop Riverfront Multi-Unit Property

    315 River wood Dr, Bastrop, TX 78602

    $675,000

    Private riverfront estate ideal for living, hosting, or investing.

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    Historic Landmark in Smithville, Texas
    Historic Landmark in Smithville, Texas

    301 Main St, Smithville, TX 78957

    $1,160,000

    Charming 1904 building with income potential in a prime location.

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    Two Mobile Homes on Acreage
    Two Mobile Homes on Acreage

    264 Flaming Oak Dr A & B, Bastrop, TX 78602

    $363,000
    0.92 AC lot

    Two remodeled mobile homes on nearly an acre of land.

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    New Construction Duplex Investment
    New Construction Duplex Investment

    109 Fisher St #A & B, Elgin, TX 78621

    $485,000
    2,486 sqft

    Newly built 2024 duplex with two occupied 3-bedroom, 2-bath units, private fenced yards, and separate utility meters.

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    Mixed-Use Income Property
    Mixed-Use Income Property

    1500 NE Loop 230, Smithville, TX 78957

    Contact for pricing
    14,950 sqft

    18-unit multifamily property with in-place office and commercial space, including a former restaurant use.

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    Bastrop County Multifamily Investment Opportunity
    Bastrop County Multifamily Investment Opportunity

    120 Pine Hill Loop, Bastrop, TX 78602

    $4,500,000

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

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    Based on your search, we've compiled 26 Potential Opportunities for your consideration. Besides 14 Active listings in Bastrop County, TX, we suggest exploring several alternatives: similar 8 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Elgin, TX Land Opportunity
    Elgin, TX Land Opportunity

    4605 County Road 467, Elgin, TX 78621

    $699,000
    25.54 AC lot

    25+ acres with grazing potential near Elgin, Texas.

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    Dime Box, Texas Acreage
    Dime Box, Texas Acreage

    1515 CR 428, Dime Box, TX 77853

    $49,900
    1.10 AC lot

    1.1-acre lot in Dime Box, Texas, ready for your dream home.

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    Taylor Land with Highway Frontage
    Taylor Land with Highway Frontage

    1607 E 4Th St, Taylor, TX 76574

    $499,000
    904 sqft 1.47 AC lot

    1.47-acre property near Downtown Taylor with development potential.

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    Unrestricted Acreage with Scenic Pond
    Unrestricted Acreage with Scenic Pond

    8.504 Acres County Road 322, Caldwell, TX 77836

    $84,900
    8.50 AC lot

    Unrestricted tract in Caldwell ISD with a pond, mature trees, and natural rock terrain for residential or recreational builds.

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    Off-Market Properties in Bastrop County, TX

    Consider similar Off-Market properties in Bastrop County, TX. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    126 Stoney Brook Dr
    Multifamily properties

    126 Stoney Brook Dr, Cedar Creek, TX 78612

    Value Estimation by Request
    399 sqft
    View details
    Tbd Fm20
    Residential income properties

    Tbd Fm20, Bastrop, TX 78602

    Value Estimation by Request
    14.19 AC lot
    View details
    828 Highway 71
    Residential income properties

    828 Highway 71, Bastrop, TX 78602

    Value Estimation by Request
    19,800 sqft 5.33 AC lot
    View details
    1908 State Highway 95
    Multifamily properties

    1908 State Highway 95, Bastrop, TX 78602

    Value Estimation by Request
    2,159 sqft 8.95 AC lot
    View details
    1294 Tx-21
    Multifamily properties

    1294 Tx-21, Paige, TX 78659

    Value Estimation by Request
    10.00 AC lot
    View details
    4909 Tucker Hill Ln
    Multifamily properties

    4909 Tucker Hill Ln, Cedar Creek, TX 78612

    Value Estimation by Request
    4.00 AC lot
    View details
    111 Westbrook Ln
    Multifamily properties

    111 Westbrook Ln, Elgin, TX 78621

    Value Estimation by Request
    23.31 AC lot
    View details
    2095 Old Highway 20
    Multifamily properties

    2095 Old Highway 20, McDade, TX 78650

    Value Estimation by Request
    30.00 AC lot
    View details

    Bastrop County, TX Multifamily Properties Market Trends and Statistics

    Explore 22 multifamily properties for sale in Bastrop County, TX, showcased through 14 active listings on our real estate platform. These investment opportunities span a total of 900,035 square feet of properties for sale, with an estimated market value of $15,782,000.

    Sale prices for multifamily properties in Bastrop County, TX start at $350,000, averaging $1,214,000, and reaching up to $4,500,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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