Properties
Bastrop, TX 78602 502 Martin Luther King Jr Dr
$199,999
4 more
Presented By: Beycome Brokerage Realty LLC;
Beds • 2
Baths • 1
SQFT • 1,036
Home Details
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
Presented By: Beycome Brokerage Realty LLC;
Interior Features for 502 Martin Luther King Jr Dr
Bedrooms
Main Level Bedrooms2
Total Bedrooms2
Bathrooms
Half Baths0
Total Baths1
Other Interior Features
LivingAreaSourcePublic Records
FlooringWood
Interior AmenitiesNone
Total Fireplaces
Window FeaturesWood Frames
General for 502 Martin Luther King Jr Dr
AccessibilityNone
AppliancesNone
CityBastrop
Community FeaturesNone
Construction MaterialsOther
CoolingNone
CountyBastrop
DirectionsDrive east on Chestnut St/Loop 150. Right to Martin Luther King Jr Drive. Property is on the right.
DisclosuresNone
Elementary SchoolBluebonnet (Bastrop ISD)
Energy EfficientNone
Facing DirectionEast
Full Baths1
Garage Spaces
Green SustainabilityNone
HOANo
HeatingNone
High SchoolBastrop
LevelsOne
Living Area1036
Lot Size Square Feet23522.4
MLS AreaBA
Middle/Junior High SchoolBastrop
New ConstructionNo
Other StructuresNone
Patio/Porch FeaturesNone
Pool FeaturesNone
Property ConditionTear Down
Property SubtypeSingle Family Residence
Property TypeResidential
RoofAluminum
SewerPublic Sewer
Standard StatusActive
StatusActive
Subdivision NameBuilding Blk
Tax Annual Amount6800
Tax Assessed Value270482
Tax Year2026
UtilitiesElectricity Available
ViewNone
Waterfront FeaturesNone
Year Built1905
Year Built SourceOwner
Exterior for 502 Martin Luther King Jr Dr
Covered Spaces
Exterior AmenitiesNone
FencingNone
Foundation DetailsRaised
Horse Amenities None
Horse Y/NNo
Lot FeaturesCorner Lot
Lot Size Acres0.54
Parking FeaturesNone
Total Parking1
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History
Schools
Elementary School
Bluebonnet (Bastrop ISD) Elementary School
High School
Bastrop High School
Middle School
Bastrop Middle School
