TBD Fm20, Bastrop, TX 78602

$6,975,000

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Property Description

Located in the Adelton master-planned community in Bastrop, Texas, where there are approvals for over 50 acres of parkland, a robust trail system and 150,000 sf of commercial space within. With frontage along three roads, this approx. 14.252 acre tract is an ideal Multi-Family Development Site only minutes to downtown Bastrop and approximately 30 minutes to downtown Austin. Utilities: Water and Wastewater – West Bastrop Village MUD, Electricity – Bluebonnet Electric, Gas – CenterPoint Energy, Internet – AT&T High-Speed Fiber at 1 GIG speed. No portion of the Property lies within the FEMA 100-year floodplain. With frontage along three roads, this site provides excellent access and visibility. It’s just minutes from downtown Bastrop and about 30 minutes from downtown Austin, making it a prime location for residential development. The property is priced at $22,500 per unit, with a minimum of 310 units. Utilities are already in place, including water and wastewater from West Bastrop Village MUD, electricity from Bluebonnet Electric, gas from CenterPoint Energy, and high-speed fiber internet (1 GIG) from AT&T. Plus, the entire property is outside the FEMA 100-year floodplain, making development even easier. If you're looking for a prime multi-family site in a growing, amenity-rich community, this one is worth a closer look!

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Listing courtesy of McAllister & Associates. Contact: (512) 472-2100

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