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502 Martin Luther King Jr Dr Bastrop, TX $ 199,999
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$ 199,999 Get more info
502 Martin Luther King Jr Dr
$ 199,999
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502 Martin Luther King Jr Dr

Bastrop, TX, 78602
$ 199,999
Bedrooms2 Baths1.0 Sq 1,036

Monthly Estimate*

$ 1,231

502 Martin Luther King Jr Dr, Bastrop, TX 78602 - Image 1
502 Martin Luther King Jr Dr, Bastrop, TX 78602 - Image 2
502 Martin Luther King Jr Dr, Bastrop, TX 78602 - Image 3
502 Martin Luther King Jr Dr, Bastrop, TX 78602 - Image 4
502 Martin Luther King Jr Dr, Bastrop, TX 78602 - Image 5
502 Martin Luther King Jr Dr, Bastrop, TX 78602 - Image 6
502 Martin Luther King Jr Dr, Bastrop, TX 78602 - Image 7
502 Martin Luther King Jr Dr, Bastrop, TX 78602 - Image 8
502 Martin Luther King Jr Dr, Bastrop, TX 78602 - Image 9

Single Family Home for sale in Bastrop, TX

for $199,999 with 2 bedrooms and 1 full bath. This 1,036 square foot home was built in 1905 on a lot size of 0.54.

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

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Single Family Active

Price

$ 199,999

Bedrooms

2

Full Bath

1

Property Type

Single Family

Taxes

$ 6,800

Style

Single Family Residence

Lot Size

0.54

Year Built

1905

Town/City

Bastrop

County/Region

Bastrop

MLS | Web ID

3456787
Features
General
Living Area 1036
Sewer Public Sewer
Heating None
Cooling None
Utilities Electricity Available
Roof Aluminum
Appliances None
Garage Spaces 0
Patio/Porch Features None
Pool Features None
Construction Materials Other
Year Built 1905
View None
Levels One
Property Subtype Single Family Residence
Tax Year 2026
Waterfront Features None
Community Features None
Accessibility None
County Bastrop
New Construction N
Property Type Residential
HOA N
Energy Efficient None
Subdivision Name Building Blk
Facing Direction East
Green Sustainability None
Other Structures None
Full Baths 1
Status Active
Directions Drive east on Chestnut St/Loop 150. Right to Martin Luther King Jr Drive. Property is on the right.
High School Bastrop
City Bastrop
Disclosures None
MLS Area BA
Lot Size Square Feet 23522.4
Elementary School Bluebonnet (Bastrop ISD)
Tax Annual Amount 6800
Middle/Junior High School Bastrop
Property Condition Tear Down
Standard Status Active
Year Built Source Owner
Tax Assessed Value 270482
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Interior
Interior Amenities None
Flooring Wood
Total Fireplaces 0
Window Features Wood Frames
Half Baths 0
Total Bedrooms 2
Main Level Bedrooms 2
Total Baths 1
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Exterior
Exterior Amenities None
Fencing None
Parking Features None
Lot Features Corner Lot
Water Source Public
Total Parking 1
Foundation Details Raised
Lot Size Acres 0.54
Waterfront Y/N N
Covered Spaces 0
Horse Y/N N
Horse Amenities None
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Internal Only
Street Number 1 502
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* Excluded Features
List By
Steve Koleno

Listing Agent

Beycome Brokerage Realty Llc

Broker

steve@beycome.com

Email

Affordability Calculator

$1,798
Per Month
68%
32%
0%
Monthly Principal & Interest
$1,231
Monthly Property Taxes
$567
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4360242 Elementary School
4360296 Middle School
Bastrop High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
5/14/2026$199,999 Listed Price

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502 Martin Luther King Jr Dr, Bastrop, TX, 78602 is a Single Family Home for sale at $199,999 with 1,036 sqft and a lot size of 0.54. 502 Martin Luther King Jr Dr has 2 bedrooms, 1.0 baths, and was built in 1905. The property's zip code is 78602 which is in Bastrop, TX

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