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FOR SALE
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$729,977

2540 FM 20, Red Rock, TX 78662

Est. Mortgage $4,319/mo

1

sqft

20.11

acres

Multi Family
Built in 2023
20.11 Acres Lot
1 sqft
$729,977/sqft
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OVERVIEW

About this multi-family property

20 ACRES + INCOME + COMMERCIAL FRONTAGE | NOW $729,000 Recently reduced by $70,000 from $799,000, this income-producing 20-acre property offers immediate cash flow with major upside potential along the rapidly growing FM 20 corridor in Central Texas. The property includes two parcels with four manufactured homes and multiple rentable units currently generating approximately $9,500/month, with projected upside to $12,000–$13,000+ at full occupancy. With high-visibility FM 20 frontage, existing utilities, and prior commercial use as a food truck and auto sales site, the property is well-positioned for RV spaces, mobile home expansion, contractor yard, retail frontage, equipment storage, food truck park, or mixed-use redevelopment. Located near Austin, Bastrop, and Lockhart, this corridor continues to experience strong residential and commercial growth, making large tracts with existing income increasingly difficult to find. Ideal for investors, developers, or entrepreneurs looking for acreage, cash flow, and long-term appreciation in one asset.

Listings checked every few minutes. MLS# 1261878 was Last Updated: 07-23-2026.

Listed by Realty of America, LLC (512) 788-9495

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 2540 FM 20?

2540 FM 20 is listed for $729,977. It features 1 square feet, 20.115 acres. Built in 2023.

What city is 2540 FM 20 in?

2540 FM 20 is located in Red Rock, Texas.

What are the details of 2540 FM 20?

2540 FM 20 was built in 2023, and sits on 20.115 acres of land, and is a multi family style multi-family property.