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$492,932

398 Old Austin Hwy, Bastrop, TX, 78602

Off MarketInfo
CommercialInfo
Baths0 Bath
Baths2,224 Sq Ft
RetailRetail
price_per_sqft$179.41 / sqft
Year BuiltBuilt in 1972

Highlights

Interior

Bathrooms 0Bathrooms 0
Heating CentralHeating Central
CoolingCooling
FlooringTile

Exterior

Private PoolPrivate Pool
Exterior FeaturesBoat Slip
Lot Size21,954 sqft

Building Information

Stories1
Roof Type112

Land Information

APNR24421
SubdivisionBlakey, Nancy
Land UseCommercial
Legal DescriptionA98 BLAKEY, NANCY, ACRES 0.504
Census Tract950401
Assessed Land Value$364,989
Assessed Improvement Value$127,943
Assessment Year2025

About this property

C-2 Commercial location, location it is great, Aqua Water Corp is across street, Nursing home on one side and Medical Supply on the other, HEB one block away, and great access from Hwy 71 and Loop 150. Includes 2 separate buildings, only one currently has operating business, Nail/Facial/Haircuts, sufficient land to expand a business/parking. Occupied building was remodeled in 2006-2007 for it's current use. Seller would consider selling business.Restrictions: Yes

Investor Tools

Property Icon
$492,932
Estimated Property Value
$0Estimated Mortgage Balance
$492,932Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,958 /month
Positive
Cash Flow Estimate:
$986 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,015/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,716
$492,932
2025
$364,989
$127,943
$492,932
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,716
$492,932

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$492,932
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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Explore

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.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Bastrop

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398 Old Austin Hwy | Property Details | No Agent List