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TBD (+/-88 Acres) Smith Rd - Smith Road Bastrop TX 88.85 Acres of Commercial Land Offered at $4,000,000 in Bastrop, TX 78602
Investment Highlights
- This property lies off Smith Road with four (4) separate access points off this paved, county maintained road.
- Located within the Bastrop Statutory ETJ
- Infrastructure includes a 6 inch water main line along Smith Road with fire hydrants serviced by AQUA Water.
Executive Summary
Property Facts Under Contract
| Price | $4,000,000 | Property Subtype | Commercial |
| Sale Type | Investment or Owner User | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 88.85 AC |
| Property Type | Land | ||
| Zoning | None | ||
| Price | $4,000,000 |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 88.85 AC |
| Zoning | None |
1 Lot Available
Lot
| Price | $4,000,000 | Lot Size | 88.85 AC |
| Price Per AC | $45,019.70 |
| Price | $4,000,000 |
| Price Per AC | $45,019.70 |
| Lot Size | 88.85 AC |
Transitional land opportunity consisting of +/- 88.852-acres lying within the Bastrop Statutory ETJ.
Description
Transitional land opportunity consisting of +/- 88.852-acres lying within the Bastrop Statutory ETJ. This land is adjacent to Section 1 of the Woodrun Subdivision which was the Phase 1 of a deed restricted, residential development consisting of 44, 1-acre lots - all sold out quickly in 2019. This +/- 88.85 acres was originally the 2nd and 3rd phases of the same residential development, but is now offered as an opportunity for a developer to take over with a new set of plans for a much needed, residential community to fulfill the exponential growth occurring in Bastrop. This property lies off Smith Road with four (4) separate access points off this paved, county maintained road. Infrastructure includes a 6 inch water main line along Smith Road with fire hydrants serviced by AQUA Water. Current owner had previously reserved capacity for 62 water meters with AQUA Water for the development of this +/- 88.85 acres. Bluebonnet Electricity is also located along Smith Road with capacity for future development. Utility availability and current capacity to be independently verified by buyer. There is opportunity here for new manufactured homes or a site built home community. Located minutes from the City of Bastrop, Approximately 20 miles to ABIA and Downtown Austin and an even easier commute to The Boring Company, Space X, The Hyatt Lost Pines Resort & Spa and Tesla. Bastrop County features 2 State Parks and 3 golf courses.
Property Taxes
| Parcel Number | 45802 | Improvements Assessment | $0 |
| Land Assessment | $1,461,252 | Total Assessment | $1,461,252 |
Property Taxes
Contact the Sale Advisor
TBD (+/-88 Acres) Smith Rd - Smith Road Bastrop TX