4209 State Hwy Bastrop, TX 78602
This exceptional 1.424-acre commercial land parcel, located at 4209 Highway 71 E in Bastrop, Texas (zip code 78602), presents a unique investment opportunity. Priced at $700,000, the property boasts a flat terrain, ideal for various commercial developments. The land is enhanced by numerous mature oak and pine trees, adding to its aesthetic appeal. Convenient access is provided via a concrete paved access road situated behind Walgreens, connecting the property to Tahitian Village Drive, thereby avoiding the Highway 71 E frontage road. Infrastructure is already in place, including a pre-engineered detention system and a completed curb cut with a concrete driveway from the frontage road. A drainage ditch is located along the frontage road. This property offers significant advantages for developers seeking a well-situated, ready-to-build commercial site in Bastrop County. The private ownership ensures a streamlined transaction process. The property is for sale by owner. This is a prime opportunity to acquire a well-positioned commercial lot in a growing Texas market.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.