828 Highway 71 E
Bastrop, TX, 78602 $ 4,999,000
Bedrooms-- Baths-- Sq 19,800 for $4,999,000. This 19,800 square foot property was built in 1995 on a lot size of 5.331.
Whispering Pines Residential Community presents a rare opportunity to acquire a cash-flowing, income-producing property on ±5.33 acres with prominent frontage along State Hwy 71 in Bastrop County, Texas (outside city limits). The property is strategically located at the corner of Hwy 71 and Pine Hill Loop, offering excellent visibility, access, and proximity to residential and commercial growth near Tahitian Village and Bastrop State Park. The site is improved with a diversified mix of housing, including a 6-plex apartment building, 10 permanent modular homes (anchored), and approximately 12 RV pads, generating consistent rental income. Tenants pay their own utilities, and the property benefits from on-site management presence. Seller reports strong in-place income with upside through rent optimization and expansion (buyer to verify). Utilities include commercial water service through Aqua Water Supply Corporation and multiple county-permitted commercial septic systems. The land is mostly level with mature trees, no known floodplain, no surface water, and no transmission lines on site. The property is reported to be within an Opportunity Zone, potentially offering favorable tax treatment (buyer to independently verify eligibility and benefits). With approximately 251 feet of highway frontage, the property offers future value-add and development potential, subject to approvals, including additional manufactured or tiny homes, RV pads, food trailers, and signage revenue along Hwy 71. Adjacent retail, gas, and commercial uses further enhance long-term demand and visibility. Offered for sale AS-IS, WHERE-IS. No zoning, use, income, or development representations are made. Buyer to independently verify all information, utilities, permits, zoning, floodplain status, and development potential. Ideal for investors seeking stabilized income with upside, or developers targeting a well-located infill tract in one of Bastrop County’s fastest-growing corridors.
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FeaturesGeneralSewer Public Sewer
Heating Central Varies by Unit
Cooling Central Air Varies by Unit Wall/Window Unit(s)
Utilities Electricity Connected Sewer Connected Water Connected
Construction Materials Brick
Year Built 1995
Property Subtype Multi Family
Tax Year 2024
Current Use Investment Manufactured Home Mixed Use Multi-Family
Accessibility None
County Bastrop
Net Operating Income 317112
Operating Expense 59467
New Construction N
Property Type Commercial Sale
Energy Efficient None
Subdivision Name Synergy Centre
Building Features See Remarks
Green Sustainability None
Other Structures Mobile Home RV/Boat Storage
Status Active
Directions Head East on State Hwy 71 E. Use the 2nd from the left lane to take the ramp to Houston. Use the left lane to merge onto State Hwy 71 E. Keep left to stay on State Hwy 71 E. Sharp left onto State Hwy
City Bastrop
Disclosures See Remarks
MLS Area BA
Lot Size Square Feet 232218.36
Tax Annual Amount 11819.42
Property Condition Resale
Additional Parcels Y/N N
Leasable Area 0
Lease Type See Remarks
Standard Status Active
Year Built Source Public Records
Tax Assessed Value 752518
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InteriorFlooring Carpet Laminate
Total Bedrooms 0
Total Baths 0
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ExteriorParking Features Assigned Common Direct Access Open Reserved RV Access/Parking
Water Source Public
Total Parking 40
Number of Buildings 29
Building Area Total 19800
Lot Size Acres 5.331
Waterfront Y/N N
Other Equipment None
Horse Y/N N
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* Excluded FeaturesList ByMadhu NallabelliListing Agent
madhurealtor2023@gmail.comEmail
NearbyAbout Bastrop, TX 8,893 Population
45% Since 2002
$ 54,630 Median Income
40.35 Median Age
26% 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 |
|---|
| 1/26/2026 | $4,999,000 | | Listed Price |