502 MARTIN LUTHER KING JR DR

Bastrop, 78602
Updated Sep 14, 2026 • On market 163 days
$165,000
$159/sq ft
2 Beds
1 Full Bath
1,036 Sq Ft
1905 Built
163 Days on Market

About This Property

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

Property Details

Interior

  • Bedrooms 2
  • Full Baths 1
  • Half Baths 0
  • Living Area 1,036 Sq Ft

Property

  • Year Built 1905
  • Property Type Residential
  • Sub Type Single Family Residence
Listed by Beycome Brokerage Realty LLC
MLS# 3456787

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