$45,000
●
Land -
Off Market
1907 Wilson ST
Bastrop, TX 78602
Studio
0 Bath
$278
Est. Monthly
About This Property
Discover the essence of riverside living with this inviting corner
lot located just a few blocks from the picturesque Colorado River
in Bastrop. This prime location provides a walkable setting just
minutes from historic downtown with a vibrant array of restaurants
and shops. Access to water, electricity, and sewer provide an
ideal foundation for the home you envision. No minimum sq. ft.
build requirement. You'll experience a community rich in
history and charm, and countless scenic outdoor activities within
easy reach, including Fisherman's Park (1 miles away), Bastrop
State Park (3 miles), Lost Pines Forest (4 miles), and Lake Bastrop
(4 miles). Plus, convenient access to TX-21, 25 min to
Austin-Bergstrom Airport, and 40 min from downtown Austin.
HEB and Ascension Seton Healthcare are also close by.
*Prospective buyers are encouraged to consult with the city
regarding development permitting options and requirements. Don't
miss this opportunity to create your own haven in thriving Bastrop.
Unit Size
-
Days on Market
-
Land Size
0.07 acres
Price per sqft
-
Property Type
Land
Property Taxes
$56
HOA Dues
-
Year Built
-
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 3 years ago (Unlock MLS #ACT2745076)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 16, 2024 | In contract | - | |
| In contract | |||
| Apr 2, 2024 | Listed by Compass RE Texas, LLC | $45,000 | |
| Listed by Compass RE Texas, LLC | |||
| Oct 1, 2023 | No longer available | - | |
| No longer available | |||
| Jun 12, 2023 | Listed by Keller Williams Realty International | $40,000 | |
| Listed by Keller Williams Realty International | |||
| | |||
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Ever wondered what life on the river is like? This corner lot is situated just minutes from the banks of the Colorado River, with a walkable location that will get you to the heart of downtown Bastrop within minutes. With access to water, electricity, and sewer available, this lot is ready for you to build on. Dream up your perfect home. Not only is this community perfectly positioned within minutes of historic downtown Bastrop, which offers plenty of great restaurants and shops to enjoy, there is also an abundance of scenic beauty to enjoy right in your neighborhood. Enjoy many outdoor offerings when you build on this peaceful corner lot just 1 mile from Fisherman???s Park, 3 miles from Bastrop State Park, 4 miles from Lost Pines Forest, and 6 miles from Lake Bastrop. TX-21 provides access to Austin-Bergstrom Airport within 25 minutes and Austin just 17 minutes farther. Daily conveniences, such as HEB and Ascension Seton Healthcare, are readily available. **Buyer should consult with the city on development permitting options & requirements.**
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Property Highlights
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Type
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About Bastrop
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Listed by: Meleah Wehman
Listed Office: Compass RE Texas, LLC - Listing courtesy of Unlock MLS
Phone: (512) 575-3644
Last Updated: 2024-05-21 18:08:15
Data Source: Unlock MLS, MLS# ACT2745076
Details provided by Unlock MLS as Distributed by MLS Grid and may not match the public record.
Listed Office: Compass RE Texas, LLC - Listing courtesy of Unlock MLS
Phone: (512) 575-3644
Last Updated: 2024-05-21 18:08:15
Data Source: Unlock MLS, MLS# ACT2745076
Based on information from Unlock MLS (alternatively, from ACTRIS). Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided “AS IS” and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some IDX listings have been excluded from this website.
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