$4,999,000

828 Highway 71 E, Bastrop, TX 78602

  • 19,800 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1995
  • Property Lot Size Icon5.33acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $252/sqft
  • Property List Date Icon Listed 21 days ago

Property Description

Whispering Pines Residential Community presents a rare opportunity to acquire a cash-flowing, income-producing property on ±5.33 acres with prominent frontage along State Hwy 71 in Bastrop County, Texas (outside city limits). The property is strategically located at the corner of Hwy 71 and Pine Hill Loop, offering excellent visibility, access, and proximity to residential and commercial growth near Tahitian Village and Bastrop State Park. The site is improved with a diversified mix of housing, including a 6-plex apartment building, 10 permanent modular homes (anchored), and approximately 12 RV pads, generating consistent rental income. Tenants pay their own utilities, and the property benefits from on-site management presence. Seller reports strong in-place income with upside through rent optimization and expansion (buyer to verify). Utilities include commercial water service through Aqua Water Supply Corporation and multiple county-permitted commercial septic systems. The land is mostly level with mature trees, no known floodplain, no surface water, and no transmission lines on site. The property is reported to be within an Opportunity Zone, potentially offering favorable tax treatment (buyer to independently verify eligibility and benefits). With approximately 251 feet of highway frontage, the property offers future value-add and development potential, subject to approvals, including additional manufactured or tiny homes, RV pads, food trailers, and signage revenue along Hwy 71. Adjacent retail, gas, and commercial uses further enhance long-term demand and visibility. Offered for sale AS-IS, WHERE-IS. No zoning, use, income, or development representations are made. Buyer to independently verify all information, utilities, permits, zoning, floodplain status, and development potential. Ideal for investors seeking stabilized income with upside, or developers targeting a well-located infill tract in one of Bastrop County’s fastest-growing corridors.

Listing Status:
Active
Data Last Updated:
February 15, 2026 at 10:20PM
Listing Office:
FULL CIRCLE RE : 248-321-9005
Listing Agent:
Madhu Nallabelli : (248) 321-9005
MLS ID:
6555393
  • Flooring: CarpetLaminate
  • A/C: Central AirVaries by UnitWall/Window Unit(s)
  • Heating: CentralVaries by Unit
  • Eco/Green Feature: NoneNone
  • Other Structures: Mobile HomeRV/Boat Storage
  • Parking: AssignedCommonDirect AccessOpenReservedRV Access/ParkingParking spaces: 40
  • Originating MLS: actris
  • County: Bastrop
  • Zoning: SYNERGY CENTRELOT 1ACRES 5.331 (6 MH - SEE MH DETAILS FOR LN/SN)76458
  • Current Use: InvestmentManufactured HomeMixed UseMulti-Family
  • Utilities: Electricity ConnectedSewer ConnectedWater Connected
  • Water: Public
  • Sewer: Public Sewer
  • Source: actris

This listing courtesy of Madhu Nallabelli , FULL CIRCLE RE

Monthly Payment

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

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Location

Schools Nearby

E

Emile Elementary School

601 Martin Luther King Jr Dr, Bastrop, TX, 78602

Grades PK-5

3.01 miles away

B

Bastrop Middle School

725 Old Austin Hwy, Bastrop, TX, 78602

Grades 7-8

5.02 miles away

B

Bastrop High School

1614 Chambers St, Bastrop, TX, 78602

Grades 9-12

3.42 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.