502 Martin Luther King Jr Drive, Bastrop, TX

$175,000

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2

Beds

1

Bath

1,036

Square feet

0.54

Acres

About 502 Martin Luther King Jr Drive

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

Features of 502 Martin Luther King Jr Drive

MLS® # 3456787
Price $175,000
Bedrooms 2
Bathrooms 1.00
Full Baths 1
Square Footage 1,036
Acres 0.54
Year Built 1905
Type Residential
Sub-Type Single Family Residence
Status Active

Community Information

Address 502 Martin Luther King Jr Drive
Area BA
Subdivision Building Blk
City Bastrop
County Bastrop
State TX
Zip Code 78602

Amenities

Utilities Electricity Available
Features None
Parking None
View None
Is Waterfront No
Waterfront None
Has Pool No

Interior

Interior Wood
Interior Features None
Heating None
Fireplace No
# of Stories 1
Stories One

Exterior

Exterior Features None
Lot Description Corner Lot
Roof Aluminum
Foundation Raised

School Information

District Bastrop ISD
Elementary Bluebonnet (Bastrop ISD)
Middle Bastrop
High Bastrop

Additional Information

Date Listed May 14th, 2026
Days on Market 106
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeBeycome Brokerage Realty LLC
Contact Info(804) 656-5007
Office Contact(804) 656-5007

Listing Map

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