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$425,000

Tbd Hwy 304, Bastrop, TX, 78602

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About this property

2-acre hard corner just south of Bastrop at the intersection of Highway 304 and Watterson Road. Located outside the ETJ with no zoning, this level tract offers flexibility for a variety of potential uses, including a convenience store, commercial building, storage facility, contractor or equipment yard, or residence. The property offers frontage and access on both Highway 304 and Watterson Road, with an existing curb cut on Highway 304 and excellent visibility for signage. Aqua Water is available on site and Bluebonnet Electric serves the property; septic will be required. The tract is outside the FEMA floodplain, has level topography, and a new survey has been completed. With Highway 304 visibility, multiple access options, available utilities, and a convenient location just south of Bastrop, this property offers an opportunity for commercial, investment, or residential use.

Investor Tools

$0Estimated Mortgage Balance
$425,000Estimated Equity
100% equity
Estimated Cap Rate
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Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,550 /month
Positive
Cash Flow Estimate:
$850 /month

Interested in this property?

Matthew Gruetzner

Keller Williams Brazos West

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
No HOA
5.947%

City: Bastrop

Tbd Hwy 304 | Property Details | No Agent List