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FOR SALE
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$165,000

Reduced $35K

502 Martin Luther King Jr DR, Bastrop, TX 78602

Est. Mortgage $1,358/mo

2

beds

1

baths

1,036

sqft

0.54

acres

Single Family Residence
Built in 1905
0.54 Acre Lot
1,036 sqft
$159/sqft
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OVERVIEW

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

Listings checked every few minutes. MLS# 3456787 was Last Updated: 09-14-2026.

Listed by Beycome Brokerage Realty LLC (804) 656-5007

Listing courtesy of Unlock MLS as distributed by MLS Grid. The information being provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but is not guaranteed accurate by MLS Grid or Unlock MLS.

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Frequently Asked Questions

How much is 502 Martin Luther King Jr DR?

502 Martin Luther King Jr DR is listed for $165,000. It features 2 bedrooms, 1 bathroom, 1,036 square feet, 0.54 acres. Built in 1905.

What city is 502 Martin Luther King Jr DR in?

502 Martin Luther King Jr DR is located in Bastrop, Texas.

What are the details of 502 Martin Luther King Jr DR?

502 Martin Luther King Jr DR was built in 1905, and sits on 0.54 acres of land, and is a single family residence style home.