566 State Highway 95 Bastrop, TX 78602
- Mixed-use properties
- 2,448 SF
- 3.15 lot acres
Current Use by Public Records
- Mixed-use properties
Property Details for 566 State Highway 95
- Year built
- 1994
- Lot size
- 3.15 lot acres
- Property size
- 2,448 SF
- Property type
- Mixed-use properties
Description
This exceptional 3.1-acre mixed-use property boasts 2,448 square feet of existing building space and offers a multitude of development possibilities. Located just six minutes from downtown Bastrop and four minutes from Highway 71, this prime location provides excellent visibility along 184 feet of Highway 95 frontage. The property's park-like setting presents opportunities for diverse uses, including an RV community, multi-family residential development, or a combination of commercial and residential ventures. The existing structures could be utilized for rental income, potentially offsetting mortgage payments. The property is connected to city water and also features a well, with no known restrictions on use. Bastrop's rapid growth, fueled by the proposed Bastrop Gateway mixed-use development (a 30-acre project featuring multi-family housing, retail, entertainment, and a hotel, located just two miles away), makes this a particularly attractive long-term investment. The property's Highway 95 location is expected to appreciate significantly. An adjacent 8.4-acre parcel along a creek is also available for purchase, presenting an opportunity to expand the investment. All information is believed to be accurate, but potential buyers are encouraged to conduct their own due diligence to verify permitted uses.
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
- -97.31686
- Latitude
- 30.13713
