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$199,999
New Listing

502 Martin Luther King Jr DR
Bastrop, TX 78602

For Sale|Single Family Residence|Active
2
Beds
1
Total Bath
1
Full Bath
1,036
SqFt
$193
/SqFt
1905
Built
Subdivision:
Building Blk
County:
Bastrop

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512.710.6957
502 Martin Luther King Jr DR502 Martin Luther King Jr DR502 Martin Luther King Jr DR502 Martin Luther King Jr DR
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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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Listing Snapshot
Price 
$199,999
Days On Site 
0 Days
Bedrooms 
2
Inside Area (SqFt) 
1,036 sqft
Total Baths 
1
Full Baths 
1
Partial Baths 
N/A
Lot Size 
0.54 Acres
Year Built 
1905
MLS® Number 
3456787
Status 
Active
Property Tax 
$6,800
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Public Records
Friends & Family
Recent Activity
6 hours agoListing first seen on site
6 hours agoListing updated with changes from the MLS®
General Features
Acres 
0.54
Direction Faces 
East
Disclosures 
None
Foundation 
Raised
Levels 
One
Parking 
None
Parking Spaces 
1
Property Sub Type 
Single Family Residence
Sewer 
Public Sewer
Special Circumstances 
Standard
Utilities 
Electricity Available
Water Source 
Public
Interior Features
Appliances 
None
Flooring 
Wood
Laundry Features 
None
Main Level Bedrooms 
2
Window Features 
Wood Frames
Bathroom 
Level - Main
Bedroom 
Level - Main
Kitchen 
Level - Main
Primary Bedroom 
Level - First
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Exterior Features
Construction Details 
Other
Exterior 
None
Fencing 
None
Lot Features 
Corner Lot
Other Structures 
None
Patio And Porch 
None
Pool Features 
None
Roof 
Aluminum
View 
None
Waterview 
None
Windows/Doors 
Wood Frames
Community Features
Community Features 
None
Financing Terms Available 
Cash
Horse Allowed 
Yes
Horse Property 
None
MLS Area 
BA
School District 
Bastrop ISD
Schools
School District
Bastrop ISD
Elementary School
Bluebonnet (Bastrop ISD)
Middle School
Bastrop
High School
Bastrop
Listing courtesy of Beycome Brokerage Realty 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 - 2026-05-14 11:27 AM CDT

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Neighborhood & Commute
Source: Walkscore
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