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- Description
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- Facts & Features
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Street View
$165,000
Monthly Est:$821
2 Beds
- 1 Bath
1 full bath
1,036sqft
502 Martin Luther King Jr Dr, Bastrop, TX 78602
$165,000
$821/moEst:
Get Pre-Approved
Single Family Residence
Built in 1905
$-- HOA
23,522.4 sqft lot
$159/sq.ft
Description
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
- Houzeo last checked: 12 minutes ago
- Listing updated: September 14, 2026 at 8:09 pm
- Listing Provided by: Steve Koleno (804) 656-5007 | Beycome Brokerage Realty LLC (804) 656-5007
- Source: Unlock MLS-TX | MLS#: 3456787

Property Details
Status
Active
Type
Single Family Residence
No. of Stories
-
County
City
Neighborhood
--
Year Built
1905
HOA Fees
-
Finished Area
1,036 sqft
Lot Size
23,522.4 sqft lot
Basement Area
- sqft
MLS Name
Unlock MLS
MLS Number
3456787
MLS Status
Active
Days on Market
148

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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 2
Bathroom: 1
Primary Bedroom
Level: First
Kitchen
Level: Main
Bedroom
Level: Main
Bathroom
Level: Main
Interior
Cooling
None
Window Features
Wood Frames
Appliances
None
Interior Features
None
Flooring
Wood
Exterior Features
None
Sewer
Public Sewer
Heating
None
Construction
Year Built
Year Built: 1905
Home type
Single Family Residence
Property Condition
Tear Down
Foundation Details
Raised
Construction Materials
Other
Roof
Aluminum
Utilities & Energy
Utilities
Electricity Available
Pool Features
None
Parking Features
None
Water Source
Public
Other Features
Disclosures
None
Lot Features
Corner Lot
Patio And Porch Features
None
Community Features
None
Subdivision Name
Building Blk
Price History
| Date | Event | Price |
|---|---|---|
09/14/2026 Source: | Listed for Sale | $165,000 $159/sqft |
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Based on information submitted to the MLS GRID from Unlock MLS through Oct 10, 2026, 01:45PM. All information provided is deemed reliable but is not guaranteed and should be independently verified. Unlock MLS and its affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. 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. The information being provided is for consumers’ personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. © 2026 Unlock MLS. All Rights Reserved.
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