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$850,000

885 State Highway 71, Bastrop, TX, 78602

On MarketInfo
Just AddedInfo
CommercialInfo
Beds2 Beds
Baths2 Bath
Baths2,883 Sq Ft
Mixed UseMixed Use
price_per_sqft$294.83 / sqft
Year BuiltBuilt in 2016

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
CoolingCooling
FlooringConcrete

Exterior

Lot Size3.55 acres

Building Information

Stories1
Roof Type112

Land Information

APNR47525
Lot Number13
SubdivisionS7940 - Suburbia Estates
Land UseResidential
Legal DescriptionSUBURBIA ESTATES, LOT 13, ACRES 3.55
Census Tract950303
Assessed Land Value$539,787
Assessed Improvement Value$201,370
Assessment Year2025

About this property

Opportunity to own unrestricted property on the edge of fast-growing Bastrop with over 200' of Highway 71 frontage offering residential, commercial, and mixed-use possibilities. The property features a steel-framed 2-bedroom, 2-bathroom barndominium with wood deck built in 2020. A 1,200 square foot shop with 220-volt power and an extended metal canopy providing an additional 1,200 sqft of covered equipment parking offering flexibility for a variety of uses. Whether you're looking for a place to live, space for a business or workshop, or a property that combines residential and commercial uses, this property provides an opportunity to explore a range of possibilities. The existing home and shop offer a versatile setup for an owner-occupant, entrepreneur, contractor, tradesperson, or investor. Both structures have their own septic systems and are serviced by Bastrop city water. The property is located within the Bastrop ETJ (Extraterritorial Jurisdiction) but outside the city limits, allowing the buyer to work with the county regarding applicable permits and requirements. A portion of the property lies within the floodplain; however, according to the existing survey, both structures are located outside the floodplain. Buyer and buyer's agent should independently verify all information, including permitted uses, zoning, restrictions, floodplain designation, utilities, septic systems, permitting requirements, and any potential residential, commercial, or mixed-use opportunities with the appropriate governmental and utility authorities.

Investor Tools

$0Estimated Mortgage Balance
$741,157Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,100 /month
Positive
Cash Flow Estimate:
$1,700 /month

Interested in this property?

Roxanne Hayes

Kuper Sotheby's Int'l Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,360/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$12,610
$741,157
2025
$539,787
$201,370
$741,157
No

Tax History

Year
Tax Paid
Assessed Value
2024
$12,610
$741,157

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$741,157
100%
0%
$0/mo

City: Bastrop

885 State Highway 71 | Property Details | No Agent List