20 ACRES + INCOME + COMMERCIAL FRONTAGE | NOW $729,000Recently reduced by $70,000 from $799,000, this income-producing 20-acre property offers immediate cash flow with major upside potential along the rapidly growing FM 20 corridor in Central Texas.The property includes two parcels with four manufactured homes and multiple rentable units currently generating approximately $9,500/month, with projected upside to $12,000-$13,000+ at full occupancy.With high-visibility FM 20 frontage, existing utilities, and prior commercial use as a food truck and auto sales site, the property is well-positioned for RV spaces, mobile home expansion, contractor yard, retail frontage, equipment storage, food truck park, or mixed-use redevelopment.Located near Austin, Bastrop, and Lockhart, this corridor continues to experience strong residential and commercial growth, making large tracts with existing income increasingly difficult to find.Ideal for investors, developers, or entrepreneurs looking for acreage, cash flow, and long-term appreciation in one asset.
| MLS # | 1261878 |
|---|---|
| Listing Type | For Sale |
| Style | Multi-Family |
| Sub-Type | Resale |
| Status | Active |
| Year | 2023 |
| Days On Site | 99 |
| Listing Provided By | Realty of America, LLC | Veronica Perez Sifuentes |
| SQ Feet | 4,800 |
|---|---|
| Building(s) | 4 |
| Acreage | 20.12 |
| Cooling | Wall/Window Unit(s) |
|---|---|
| Heating | See Remarks |
| Flooring | Tile, Vinyl |
| Construction Materials | Cement Siding |
|---|---|
| Security Features | Security System |
| Parking Features | Additional Parking, Gated |
|---|
| Utilities | Electricity Connected, Water Connected |
|---|---|
| Sewer | Septic Tank |
| List Aor | Austin Board Of Realtors |
|---|
| State | TX |
|---|---|
| County | Bastrop |
| City | Red Rock |
| Zip Code | 78662 |
| Area | BA |
| Community Name | N/A |
| Listing VS Median (in N/A) | |
Price: $729,977 low | high Med: $850,000 sqft: 4,800 low | high Med: 2,051 $ / sqft: $152 low | high Med: $418 On site: 99 low | high Med: 69.5 | |
| State | TX |
|---|---|
| County | Bastrop |
| City | Red Rock |
| Zip Code | 78662 |
| Area | BA |
| Community Name | N/A |
| Listing VS Median (in N/A) | |
Price: $729,977 low | high Med: $850,000 sqft: 4,800 low | high Med: 2,051 $ / sqft: $152 low | high Med: $418 On site: 99 low | high Med: 69.5 | |