For sale

$165,000

502 Martin Luther King Jr Dr
Bastrop, TX 78602

  • 2 beds
  • 1 baths
  • 1,036 sq ft
  • 0.54 acres

Listing courtesy of Beycome Brokerage Realty LLC · (804) 656-5007 · MLS# 3456787 · Status: Active

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

Description provided by the listing brokerage.

Facts

Property type
Residential · Single Family Residence
Year built
1905
Lot size
0.54 acres
Living area
1,036 sq ft
Price per sq ft
$159
Bathrooms
1 full, 0 half
Annual taxes
$6,800
County
Bastrop
Neighborhood
Building Blk
School district
Bastrop ISD
Schools
Bluebonnet (Bastrop ISD) · Bastrop · Bastrop

Features

Roof
Aluminum
View
None
Sewer
Public Sewer
Levels
One
Cooling
None
Fencing
None
Heating
None
Flooring
Wood
Utilities
Electricity Available
Appliances
None
Lot
Corner Lot
Water
Public
Pool
None
Horse amenities
None
Windows
Wood Frames
Parking
None
Exterior
None
Interior
None
Community
None
Foundation
Raised
Waterfront
None
Energy efficiency
None
Accessibility
None
Construction
Other
Patio & porch
None

Location

Listings courtesy of Unlock MLS as distributed by MLS GRID.

Based on information submitted to the MLS GRID as of November 15, 2026 at 3:14 PM CT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX information is provided exclusively 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. The data is deemed reliable but is not guaranteed by MLS GRID, and its use may be subject to an end user license agreement prescribed by the applicable MLS. Some IDX listings have been excluded from this website. Any use or search of this website other than by a consumer looking to purchase or lease real estate is prohibited. Terms of use