2540 FM 20
Red Rock, TX, 78662 $ 729,977
Bedrooms-- Baths-- Sq 4,800 for $729,977. This 4,800 square foot property was built in 2023 on a lot size of 20.115.
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.
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FeaturesGeneralSewer Septic Tank
Heating See Remarks
Cooling Wall/Window Unit(s)
Utilities Electricity Connected Water Connected
Security Features Security System
Construction Materials Cement Siding
Year Built 2023
Property Subtype Multi Family
Tax Year 2025
Current Use Mixed Use Multi-Family
Accessibility None
County Bastrop
Operating Expense 2690
New Construction N
Property Type Commercial Sale
Energy Efficient None
Subdivision Name N/A
Building Features See Remarks
Green Sustainability None
Other Structures Mobile Home Shed(s)
Status Active
Directions From Bastrop take TX-71 E toward Smithville. Turn right onto FM 20 S toward Red Rock. Continue approximately 10 miles — property will be on the right. Look for sign.
City Red Rock
Disclosures None
MLS Area BA
Lot Size Square Feet 876209.4
Property Condition Resale
Additional Parcels Y/N Y
Leasable Area 1
Lease Type Full Service
Standard Status Active
Year Built Source Public Records
Tax Assessed Value 583693
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InteriorFlooring Tile Vinyl
Total Bedrooms 0
Total Baths 0
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ExteriorParking Features Additional Parking Gated
Water Source Well
Total Parking 20
Number of Buildings 4
Building Area Total 4800
Lot Size Acres 20.115
Waterfront Y/N N
Other Equipment None
Horse Y/N N
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* Excluded FeaturesList ByVeronica Perez SifuentesListing Agent
Realty Of America, LlcBroker
veronicatxhome@gmail.comEmail
NearbyAbout Red Rock, TX 2,571 Population
38% Since 2002
$ 62,078 Median Income
42.86 Median Age
23% Households with Children
Trends Information provided by ATTOM Data Solutions.
3038596 Elementary School
3038443 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 5/22/2026 | $729,977 | | Listed Price |