
$465,000
NAL Estimated Property Value1507 Chestnut St, Bastrop, TX, 78602
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Priced at 106% of tax value. Famous Maxine’s of Bastrop Catering Building. Reduced $83,500 from prior list. 1.52 acres includes adjacent lot. 1,500 SF building with front porch. 207 feet Chestnut frontage. 3 curb cuts. One block to TX-71/TX-21, new Convention Center, City of Bastrop Office, Lost Pines Cinema. Walk to Downtown and Colorado River. No flood plain. Current retail gap and traffic analysis. Great demographics vs. Austin. Catering/kitchen equipment can be sold separately to buyer.
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Learn About the Market: Opportunity in Texas




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Texas
Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.
Population Growth
~1.3% annually
Net Migration
Positive
Median Home Price
$283,800
Unemployment Rate
4.3%
Price Trend
Flat
New Permits
158,121
City: Bastrop
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