$199,999

502 Martin Luther King Jr DR, Bastrop, TX 78602

  • 2 beds |
  • 1 bath |
  • 1,036 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1905
  • Property Lot Size Icon0.54acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $193/sqft
  • Property List Date Icon Listed 7 days ago

Property Description

Prime 0.50-acre infill site positioned along Martin Luther King Jr Dr with strong visibility and direct access to major transportation corridors. Located in a high-growth Bastrop submarket, this property presents a compelling value-add opportunity through rezoning and redevelopment. The site includes an older residential structure; however, the highest and best use is commercial or mixed-use development. Investment Highlights 0.50 Acres (21,780 SF) High-visibility location with strong traffic exposure Strategic positioning near major highway access Flat, usable lot with development potential Existing structure (tear-down or repurpose) Utilities available in the area Located in the path of growth in Bastrop

Listing Status:
Active
Data Last Updated:
May 21, 2026 at 5:17AM
Listing Office:
Beycome Brokerage Realty LLC : (804) 656-5007
Listing Agent:
Steve Koleno : (804) 656-5007
MLS ID:
3456787
  • General: None
  • Appliances: None
  • Laundry: None
  • Flooring: Wood
  • A/C: None
  • Heating: None
  • Fireplace: Fireplaces: 0
  • Eco/Green Feature: NoneNone
  • General: None
  • Other Structures: None
  • Pool: None
  • Parking: Parking spaces: 1
  • Roofing: Aluminum
  • Windows: Wood Frames
  • General: OneRaised
  • HOA Amenities: None
  • Originating MLS: actris
  • School District: Bastrop ISD
  • County: Bastrop
  • Zoning: BUILDING BLOCK 57 E W STACRES 0.53635745
  • View: None
  • Fencing: None
  • Utilities: Electricity Available
  • Water: Public
  • Sewer: Public Sewer
  • Source: actris

This listing courtesy of Steve Koleno , Beycome Brokerage Realty LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Similar Listing