State Highway 95 Bastrop, TX 78602
- Land
- 15.00 lot acres
Current Use by Public Records
- Land
Property Details for 0 State Highway 95
- Lot size
- 15.00 lot acres
- Property type
- Land
Description
This exceptional 15-acre commercial land parcel presents a unique investment opportunity in the thriving Bastrop County, Texas. Located in the Tierra Tres Subdivision, this property boasts 750 feet of highway frontage on State Highway 95, offering unparalleled visibility and accessibility. Situated between the rapidly growing towns of Bastrop (estimated population 9,300) and Elgin (estimated population over 10,000), this site benefits from a combined population experiencing growth rates exceeding 25% over the last decade. Less than an hour from Austin International Airport, the location provides convenient access to a major transportation hub. The property is zoned for commercial development and includes a platted survey and a TxDOT-permitted driveway, streamlining the development process. Electric service is readily available, and while a water well will be needed, the property sits atop the Carrizo-Wilcox aquifer, the largest in Texas. This site is ideal for a variety of commercial ventures, from retail centers to office spaces. Bastrop County offers a blend of scenic beauty, with attractions like Bastrop State Park, and a vibrant downtown area. The county actively encourages economic development, providing incentives for new businesses. Bastrop's development timeline projects rapid commercial growth in the short to medium term, while Elgin offers a more gradual, community-focused approach. This property represents a compelling investment in a dynamic and growing area, promising significant returns for the discerning developer. The asking price is $1,175,000.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Bastrop
- County
- Bastrop
- State
- Texas
- Longitude
- -97.3145
- Latitude
- 30.1917
