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Incredible Investment Opportunity - Residential Rental or Commercial Development! Don't miss this unique chance to own a versatile 6-acre property located less than a mile from Hwy 71, ideally situated between Austin and Bastrop. Whether you're looking to generate steady rental income or develop your own commercial project, this property delivers. The site includes 5 tenant-occupied homes, a workshop, and utility packages already in place, making it ready for immediate use or expansion. The area is rapidly growing with nearby businesses already established and major employers like Tesla, The Boring Company, SpaceX, and Austin-Bergstrom International Airport just minutes away. This is a prime location with long-term tenants who consistently pay on time (on the 1st of each month) and have a strong rental history. Perfect for investors, developers, or entrepreneurs"”this property offers flexibility and unlimited potential in one of the hottest growth corridors in Central Texas.
FORECLOSURE
This listing may be a bank owned (foreclosed) property.
| LAST UPDATED | 4/20/2025 | TRACT | Colorado River Ranchettes |
|---|---|---|---|
| YEAR BUILT | 1987 | COMMUNITY | Colorado River Ranchettes |
| COUNTY | Bastrop | STATUS | Active |
| PROPERTY TYPE(S) | Single Family |
| Elementary School | Camino Real |
|---|---|
| Jr. High School | Cedar Creek |
| High School | Cedar Creek |
| ADDITIONAL DETAILS | |
| AIR | Ceiling Fan(s), Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Dishwasher, Electric Range, Free-Standing Electric Range, Free-Standing Refrigerator |
| AREA | BW |
| CONSTRUCTION | Brick, Brick Veneer |
| HEAT | Central |
| INTERIOR | Ceiling Fan(s), Laminate Counters, Master Downstairs, Storage |
| LOT | 2.01 acre(s) |
| LOT DESCRIPTION | Cleared, Level |
| PARKING | Gravel, Off Street, Unpaved |
| POOL DESCRIPTION | None |
| SEWER | Aerobic Septic, Septic Tank |
| STORIES | 1 |
| SUBDIVISION | Colorado River Ranchettes |
| TAXES | 7814.78 |
| UTILITIES | Cable Available, Electricity Connected, Phone Available, Sewer Connected, Water Connected |
| VIEW DESCRIPTION | None |
| WATER | Private |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
0
P
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*Estimate only
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Property listed by Thressa Skidmore, Centum Oak Realty LLC
Based on information from the Austin Board of REALTORS ® (alternatively, from ACTRIS) for the period through 4/20/25 9:04 PM PDT. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided “AS IS” and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.
Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
This IDX solution is (c) Diverse Solutions 2025.