502 Martin Luther King Jr DR, Bastrop, TX 78602
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502 Martin Luther King Jr DR, Bastrop, TX 78602
502 Martin Luther King Jr DR, Bastrop, TX 78602
502 Martin Luther King Jr DR, Bastrop, TX 78602
502 Martin Luther King Jr DR, Bastrop, TX 78602
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Diane Hart Alexander, MBA, MHA

Diane Hart Alexander, MBA, MHA

+1(713) 591-9902
$ 199,999
Est. payment /mo
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502 Martin Luther King Jr DR Bastrop, TX 78602

2 Beds

1 Bath

1,036 SqFt


UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,036 sqft

Price per Sqft $193

Subdivision Building Blk

MLS Listing ID 3456787

Bedrooms 2

Full Baths 1

HOA Y/N No

Year Built 1905

Annual Tax Amount $6,800

Tax Year 2026

Lot Size 0.540 Acres

Acres 0.54

Property Sub-Type Single Family Residence

Source actris

Property Description

Prime 0.50-acre infill site positioned along Martin Luther King Jr Dr with strong visibility and direct access to major transportation corridors. Located in a high-growth Bastrop submarket, this property presents a compelling value-add opportunity through rezoning and redevelopment.

The site includes an older residential structure; however, the highest and best use is commercial or mixed-use development.

Investment Highlights
0.50 Acres (21,780 SF)
High-visibility location with strong traffic exposure
Strategic positioning near major highway access
Flat, usable lot with development potential
Existing structure (tear-down or repurpose)
Utilities available in the area
Located in the path of growth in Bastrop

Location

State TX

County Bastrop

Area Ba

Rooms

Main Level Bedrooms 2

Interior

Interior Features None

Heating None

Cooling None

Flooring Wood

Fireplace Y

Appliance None

Exterior

Exterior Feature None

Fence None

Pool None

Community Features None

Utilities Available Electricity Available

Waterfront Description None

View None

Roof Type Aluminum

Accessibility None

Porch None

Total Parking Spaces 1

Private Pool No

Building

Lot Description Corner Lot

Faces East

Foundation Raised

Sewer Public Sewer

Water Public

Level or Stories One

Structure Type Other

New Construction No

Schools

Elementary Schools Bluebonnet (Bastrop Isd)

Middle Schools Bastrop

High Schools Bastrop

School District Bastrop Isd

Others

Restrictions None

Ownership Fee-Simple

Acceptable Financing Cash

Tax Rate 0.504

Listing Terms Cash

Special Listing Condition Standard


Listed by Beycome Brokerage Realty LLC • Steve Koleno

NEARBY SCHOOLS & PROPERTIES

Diane Hart Alexander, MBA, MHA

Diane Hart Alexander, MBA, MHA

Chair, CEO, Broker | License ID: 565194

+1(713) 591-9902

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502 Martin Luther King Jr DR