502 Martin Luther King Jr Dr, Bastrop, TX 78602

Bastrop
Local realty services provided by:Better Homes and Gardens Real Estate Winans
Listed by: steve koleno
Office: beycome brokerage realty llc.
MLS#:3456787
Source:ACTRIS
502 Martin Luther King Jr Dr,Bastrop, TX 78602
$199,999
  • 2 Beds
  • 1 Baths
  • 1,036 sq. ft.
  • Single family
  • Active

Price summary

  • Price:$199,999
  • Price per sq. ft.:$193.05

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

contact an agent

Yes, I would like more information. Please use and/or share my information with a BHGRE®  affiliated agent to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a BHGRE®  affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (CENTURY 21® , Coldwell Banker® , Corcoran® , ERA® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1905
  • Listing ID #:3456787
  • Updated:June 27, 2026 at 07:14 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:$199,999
  • Price per sq. ft.:$193.05
  • Tax amount:$6,800 (2026)

Parking

  • Total parking spaces:1
Copyright 2026 UnLock MLS . All rights reserved. Listings courtesy of UnLock MLS as distributed by MLS GRID <Last Updated June 27, 2026. UnLock MLS provides content displayed here (“provided content”) on an “as is” basis and makes no representations or warranties regarding the provided content, including, but not limited to those of non-infringement, timeliness, accuracy, or completeness. Individuals and companies using information presented are responsible for verification and validation of information they utilize and present to their customers and clients. UnLock MLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of UnLock MLS.

New listings near 502 Martin Luther King Jr Dr