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    Bastrop County, TX Residential Income Properties for Sale

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    Leased Mixed-Use Elgin Investment
    Updated: May 26
    Leased Mixed-Use Elgin Investment

    24 N MAIN ST, Elgin, TX 78621

    $485,000
    2,314 sqft
    Fully leased mixed‑use property in Historic Downtown Elgin, providing stable income.
    Renovated in 2016 with system upgrades and a new roof installed in October 2021, minimizing maintenance.
    Excellent location on North Main Street with high visibility and walkability, surrounded by amenities.
    Consists of a 1,008 SF retail storefront and a 1,306 SF 2‑bedroom, 1‑bath residential apartment.
    Immediate income generation with potential for increased returns through rental adjustments.
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    This listing looks promising.

    Here's a quick look at some key insights for

    24 N MAIN ST, ELGIN, TX

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    • Est. Cap Rate

      8.4%
      Above avg (5.9%)

    • Est. NOI

      $41K
      Annual

    • Price @ 7% Cap

      $582K
      Above asking

    • Property Type

      Commercial (General)
      Built 1935
    View Property Analytics
    Farmhouse & Livestock Acreage
    Updated: Jun 4
    Farmhouse & Livestock Acreage

    763 Upper Elgin River Road, Elgin, TX 78621

    $800,000
    2,100 sqft 19.00 AC lot
    Farmhouse built in 1940 with central heating and central air
    4 bedrooms and 2 bathrooms; 2 beds/1 bath downstairs and 2 beds/1 bath upstairs
    Just under 19 unrestricted acres with mature trees, a large pond, and perimeter fencing
    Septic tank sewer service and carport parking
    No floodplain reported; property noted as suitable for cattle, horses, or other livestock
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    Income-Generating Duplex with Two Units
    Income-Generating Duplex with Two Units

    119 N Kanaio Drive, Bastrop, TX 78602

    $500,000
    3,600 sqft 0.30 AC lot

    Each side offers three bedrooms and two bathrooms, with one unit currently tenant occupied for ongoing income.

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    Riverfront Multifamily Estate
    Riverfront Multifamily Estate

    315 Riverwood Drive, Bastrop, TX 78602

    $675,000
    3,222 sqft 1.52 AC lot

    Multifamily property with direct Colorado River access, three separate living spaces, and a rustic log cabin on 1.523 acres.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    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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    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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    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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    Leased Mixed-Use Retail and Apartments
    Leased Mixed-Use Retail and Apartments

    24 N Main St, Elgin, TX 78621

    $450,000
    2,314 sqft

    Fully leased mixed-use building with retail storefront space and a two-bedroom, one-bath apartment.

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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 Potential Opportunities for your consideration. Besides 17 Active Listings in Bastrop County, TX, we suggest to view alternatives - similar 25 Off-Market properties to explore as potential leads.

    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.

    Tbd Deer Run
    Land

    0 Tbd Deer Run, Smithville, TX 78957

    Value Estimation by Request
    0.23 AC lot
    View details
    270 Us-Hwy 290
    Land

    270 Us-Hwy 290, Elgin, TX 78621

    Value Estimation by Request
    10.00 AC lot
    View details
    2600 State Hwy
    Farms

    2600 State Hwy, Bastrop, TX 78602

    Value Estimation by Request
    860.00 AC lot
    View details
    823 State Hwy
    Land

    823 State Hwy, Bastrop, TX 78602

    Value Estimation by Request
    1.00 AC lot
    View details
    1389 Highway 290
    Land

    1389 Highway 290, Elgin, TX 78621

    Value Estimation by Request
    10.75 AC lot
    View details
    126 Stoney Brook Dr
    Multifamily properties

    126 Stoney Brook Dr, Cedar Creek, TX 78612

    Value Estimation by Request
    399 sqft
    View details
    299 Wright Dr
    Land

    299 Wright Dr, Cedar Creek, TX 78612

    Value Estimation by Request
    4.26 AC lot
    View details

    Bastrop County, TX Residential Income Properties Market Trends and Statistics

    Explore 42 residential income properties for sale in Bastrop County, TX, showcased through 17 active listings on our real estate platform. These investment opportunities span a total of 906,763 square feet of properties for sale, with an estimated market value of $17,517,000.

    Sale prices for residential income properties in Bastrop County, TX start at $350,000, averaging $1,094,812, 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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