502 Martin Luther King Jr Dr, Bastrop, TX 78602
Local realty services provided by:ERA Brokers Consolidated
Listed by: steve koleno
Office: beycome brokerage realty llc.
MLS#:3456787
Source:ACTRIS
502 Martin Luther King Jr Dr,Bastrop, TX 78602
$165,000
- 2 Beds
- 1 Baths
- 1,036 sq. ft.
- Single family
- Active
Price summary
- Price:$165,000
- Price per sq. ft.:$159.27
About this home
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
Contact an agent
Home facts
- Year built:1905
- Subdivision & Development:Building Blk
- Listing ID #:3456787
- Updated:November 12, 2026 at 05:45 PM
Rooms and interior
- Bedrooms:2
- Total bathrooms:1
- Full bathrooms:1
- Flooring:Wood
- Living area:1,036 sq. ft.
Structure and exterior
- Roof:Aluminum
- Year built:1905
- Building area:1,036 sq. ft.
- Lot area:0.54 Acres
- Lot Features:Corner Lot
- Foundation Description:Raised
Schools
- High school:Bastrop
- Elementary school:Bluebonnet (Bastrop ISD)
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$165,000
- Price per sq. ft.:$159.27
- Tax amount:$6,800 (2026)
Parking
- Total parking spaces:1
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