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502 Martin Luther King Jr Dr, Bastrop, TX 78602

Bastrop
Local realty services provided by:CENTURY 21 North East
Listed by: steve koleno
Office: beycome brokerage realty llc.
MLS#:3456787
Source:ACTRIS
502 Martin Luther King Jr Dr,Bastrop, TX 78602
$199,999
  • 2 Beds
  • 1 Baths
  • 1,036 sq. ft.
  • Single family
  • Active

Price summary

  • Price:$199,999
  • Price per sq. ft.:$193.05

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
  • Listing ID #:3456787
  • Updated:May 25, 2026 at 02:52 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:$199,999
  • Price per sq. ft.:$193.05
  • Tax amount:$6,800 (2026)

Parking

  • Total parking spaces:1
Copyright 2026 UnLock MLS . All rights reserved. Listings courtesy of UnLock MLS as distributed by MLS GRID <Last Updated May 25, 2026. UnLock MLS provides content displayed here (“provided content”) on an “as is” basis and makes no representations or warranties regarding the provided content, including, but not limited to those of non-infringement, timeliness, accuracy, or completeness. Individuals and companies using information presented are responsible for verification and validation of information they utilize and present to their customers and clients. UnLock MLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of UnLock MLS. ACTRIS Member Broker: Lisa Shaw

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