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502 Martin Luther King Jr Dr

Bastrop, TX 78602
  • $165,000
  • STATUS: Active
  • MLS #: 3456787
UPDATED: 27 min ago
$165,000
  • 2
    BEDS
  • 0.54
    ACRES
  • 1
    BATHS
  • 0
    1/2 BATHS
  • 1,036
    SQFT
  • $159
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1905
County:
Area:

School Information

Elementary School:
Middle School:
High School:
School District:
Property listed by Steve Koleno of Beycome Brokerage Realty LLC: (804) 656-5007.

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

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© 2026 Austin Board of REALTORS® (alternatively, from ACTRIS). All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied.The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2026-10-05T23:00:06.09.

MLS Grid  logoBased on information submitted to the MLS GRID as of 2026-10-05T23:00:06.09 (date and time MLS GRID Data was obtained). All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Click here for MLS GRID DMCA Notice
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502 Martin Luther King Jr Dr Bastrop, TX 78602

  • Price: $165,000
  • Status: Active
  • On Site: Days
  • Updated: 27 min ago
  • MLS #: 3456787
2
Beds
1
Baths
0
½ Baths
0.54
Acres
1,036
SQFT
$159
$/SQFT
1905
Built
Neighborhood:
Building Blk
County:
Bastrop
Area:
Bastrop
Elementary School:
Bluebonnet (Bastrop ISD)
Middle School:
Bastrop
High School:
Bastrop
School District:
Bastrop ISD
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
Exterior Features

Attached Garage YN No Covered Spaces 0 Direction Faces East Exterior Features None Fencing None Foundation Details Raised Garage YN No Levels One Lot Features Corner Lot Other Structures None Parking Features None Patio And Porch Features None Roof Aluminum View None Waterfront Features None Waterfront YN No

Interior Features

Appliances None Cooling None Fireplaces Total 0 Flooring Wood Heating None Interior Features None Laundry Location None Main Level Bedrooms 2 Num Dining 1 Num Living 1 Num Other Level Beds 0 Rooms Primary Bedroom (First Level) Bathroom (Main Level) Bedroom (Main Level) Kitchen (Main Level) Window Features Wood Frames

Property Features

Accessibility Features None Association YN No Community Features None Estimated Taxes 1635 Fema Flood Plain No Horse YN No Listing Terms Cash New Construction YN No Pool Features None Pool Private YN No Property Condition Tear Down Property Sub Type Single Family Residence Sewer Public Sewer Special Listing Conditions Standard Tax Annual Amount 6800 Utilities Electricity Available Water Source Public



© 2026 Austin Board of REALTORS® (alternatively, from ACTRIS). All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied.The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2026-10-05T23:00:06.09.

MLS Grid  logoBased on information submitted to the MLS GRID as of 2026-10-05T23:00:06.09 (date and time MLS GRID Data was obtained). All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Click here for MLS GRID DMCA Notice
 
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Sapphire Properties Team | Keller Williams Real Estate
1801 South MoPac Expressway
Austin TX, 78746
Property listed by Steve Koleno of Beycome Brokerage Realty LLC: (804) 656-5007.