502 Martin Luther King Jr Dr, Bastrop, TX 78602

Bastrop
Local realty services provided by:Better Homes and Gardens Real Estate Hometown
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

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Home facts

  • Year built:1905
  • Subdivision & Development:Building Blk
  • Listing ID #:3456787
  • Updated:October 08, 2026 at 04:05 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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