Properties

Red Rock, TX 78662 1880 Fm 20

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Presented By: All City Real Estate Ltd. Co; (512) 412-2331
  • MLS# 1597338
  • 03/02/2024
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  • SQFT • 1,358

Home Details

This unique income-generating property presents an exceptional investment opportunity with historically low vacancy rates for both its RV park and duplex units. The property is strategically positioned with 450 feet of frontage on HWY 20, offering excellent visibility and accessibility. The duplex, originally a farmhouse, has been meticulously converted and extensively renovated. One side is currently leased for $1,042.50 per month with a lease ending on July 31st, 2024. The other unit is currently utilized by the owner. The RV park comprises eight spacious spaces and all currently leased. Each equipped with 20, 30, and 50 amp metered service, septic hookups, and metered water. Additionally, there is a separate aerobic septic system dedicated to the RV park for efficient waste management. The property also includes a laundromat with coin-operated Maytag washer and dryer, providing an added convenience for tenants and visitors. A 40โ€™ x 60โ€™ steel barn with a 20โ€™ x 40โ€™ slab, electric, and water connections offers ample storage space, with two framed tool sheds (8โ€™ x 12โ€™ and 8โ€™ x 16โ€™) inside the barn. The property is fenced on three sides, providing security and privacy. A new conventional septic system was installed for the duplex in 2022, ensuring modern and efficient waste management. The topography and elevations of the property suggest potential for additional commercial or residential development, making it an ideal investment for those looking to expand or diversify their portfolio. With its prime location, extensive amenities, and potential for growth, this income-generating property is a rare find and a solid investment opportunity.
Presented By: All City Real Estate Ltd. Co; (512) 412-2331

Interior Features for 1880 Fm 20

Bedrooms

Total Bedrooms

Bathrooms

Total Baths

Other Interior Features

LivingAreaSourcePublic Records
FlooringLaminate
Total Fireplaces
Window FeaturesVinyl Windows

General for 1880 Fm 20

AccessibilitySee Remarks
AppliancesDishwasher, Microwave, Free-Standing Electric Range, Washer/Dryer Stacked
CityRed Rock
Community FeaturesCommon Grounds, Laundry Room, See Remarks
Construction MaterialsHardiPlank Type
CoolingWall/Window Unit(s)
CountyBastrop
DirectionsEast on Highway 71, take Exit for Highway 20 South, approximately 9 miles the property will be to the right.
DisclosuresSeller Disclosure
Elementary SchoolRed Rock
Energy EfficientNone
Exterior FeaturesSee Remarks
Facing DirectionEast
Garage Spaces
Green SustainabilityNone
HOA / Comm AssnNo
HeatingSpace Heater
High SchoolCedar Creek
Interior FeaturesSee Remarks
LevelsOne
Lot Size Square Feet668820.24
MLS AreaBW
Middle/Junior High SchoolCedar Creek
New ConstructionNo
Other StructuresSee Remarks
Patio/Porch FeaturesNone
Pets AllowedNegotiable
Property ConditionResale
Property SubTypeDuplex
Property TypeResidential Income
RoofMetal
SewerSeptic Tank
Standard StatusActive
StatusActive
Street NameFm 20
Subdivision NameLentz, Jacob G
Tax Annual Amount3046.22
Tax Assessed Value198100
Tax Year2023
UtilitiesAbove Ground
ViewPasture, Trees/Woods
Waterfront FeaturesPond
Waterfront Y/NNo
Year Built1956
Year Built SourcePublic Records

Exterior for 1880 Fm 20

Covered Spaces
FencingCross Fenced, Perimeter
Foundation DetailsPillar/Post/Pier
Horse Y/NNo
Lot FeaturesSee Remarks
Lot Size Acres15.354
Other EquipmentSee Remarks
Parking FeaturesRV Access/Parking, See Remarks
Water SourcePublic

Additional Details

Price History

Schools

High School Cedar Creek High School
Middle School Cedar Creek Middle School
Elementary School Red Rock Elementary School

Connect Realty

Price $1,150,000
MLS#1597338
List Date 03/02/2024
Property Type Income
Phone 888.795.6274
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2170 Buckthorne PL. #100
The Woodlands, TX 77380
866-938-0924
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