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$729,977
6 Days On Site

2540 FM 20
Red Rock, TX 78662

For Sale|Multi Family|Active
0
Beds
0
Total Baths
4,800
SqFt
$152
/SqFt
2023
Built
County:
Bastrop

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512.710.6957
2540 FM 202540 FM 202540 FM 202540 FM 20
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20 ACRES + INCOME + COMMERCIAL FRONTAGE | NOW $729,000 Recently 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.

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Listing Snapshot
Price 
$729,977
Days On Site 
6 Days
Bedrooms 
N/A
Inside Area (SqFt) 
4,800 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
20.115 Acres
Year Built 
2023
MLS® Number 
1261878
Status 
Active
Property Tax 
$9,814.69
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
7 days agoListing first seen on site
7 days agoListing updated with changes from the MLS®
General Features
Acres 
20.115
Additional Property Use 
Mixed UseMulti-Family
Building Features 
See Remarks
Disclosures 
None
Parking 
Additional ParkingGated
Parking Spaces 
20
Property Sub Type 
Multi Family
Security 
Security System
Sewer 
Septic Tank
Special Circumstances 
Standard
SqFt Total 
4800
Utilities 
Electricity ConnectedWater Connected
Water Source 
PrivateWell
Interior Features
Cooling 
Wall/Window Unit(s)
Flooring 
TileVinyl
Heating 
See Remarks
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Exterior Features
Construction Details 
Cement Siding
Other Structures 
Mobile HomeShed(s)
Community Features
Financing Terms Available 
CashConventionalFHA
Horse Allowed 
Yes
MLS Area 
BA
Listing courtesy of Realty of America, LLC [email protected]


All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings courtesy of ACTRIS as distributed by MLS GRID. 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.
Last checked - 2026-05-29 03:55 PM CDT

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Neighborhood & Commute
Source: Walkscore
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