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 entrepreneursthis property offers flexibility and unlimited potential in one of the hottest growth corridors in Central Texas.
MLS # | 9600887 |
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Listing Type | For Sale |
Suite Number | 1 |
Sub-Type | Resale |
Status | Active |
Year | 2015 |
Days On Site | 62 |
Listing Provided By | Centum Oak Realty LLC | Thressa Skidmore |
SQ Feet | 1,500 |
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Story(s) | 1 |
Building(s) | 5 |
Acreage | 2.01 |
Water Front | Yes |
Property View | Fields |
State | TX |
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County | Bastrop |
City | Cedar Creek |
Zip Code | 78612 |
Area | BW |
Community Name | Colorado River Ranchettes |
Listing VS Median (in Colorado River Ranchettes) | |
Price: $1,999,000 low | high Med: $1,999,000 SqFt: 1,500 low | high Med: 4,632 $ / SqFt: $1,333 low | high Med: $432 On site: 62 low | high Med: 62.000000 |