$999,000
●
Land -
In Contract
2308 Main ST
Bastrop, TX 78602
Studio
0 Bath
$4,906
Est. Monthly
About This Property
Nearly 4.8 acres on Main Street in Bastrop, with frontage on both
Main Street and Wilson Street, just 1.3 miles from Downtown Bastrop
and 1.4 miles from the Colorado River at Fisherman's Park. The
property sits directly across from the new River Terrace
subdivision, currently under development, placing it in the heart
of an active growth corridor.
With water and sewer available, this tract offers strong development flexibility and multiple access points. Dual street frontage enhances visibility, traffic exposure, and site planning options. Surrounded by ongoing residential expansion and close to the river and downtown amenities, this location is well-positioned for a variety of future development concepts.
A rare opportunity to secure acreage with infrastructure access in one of Bastrop's most sought-after and rapidly evolving areas.
With water and sewer available, this tract offers strong development flexibility and multiple access points. Dual street frontage enhances visibility, traffic exposure, and site planning options. Surrounded by ongoing residential expansion and close to the river and downtown amenities, this location is well-positioned for a variety of future development concepts.
A rare opportunity to secure acreage with infrastructure access in one of Bastrop's most sought-after and rapidly evolving areas.
Unit Size
-
Days on Market
-
Land Size
4.79 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
-
Listed By
Kreshnik Shehu
All City Real Estate Ltd. Co
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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: 4 months ago (Unlock MLS #ACT2113934)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 24, 2026 | In contract | - | |
| In contract | |||
| Feb 7, 2026 | Listed by All City Real Estate Ltd. Co | $999,000 | |
| Listed by All City Real Estate Ltd. Co | |||
Property Highlights
Exterior Details
Waterfront Features: None
Other Structures: None
Lot Features: Interior Lot, Wooded
Lot Size Area: 208652.4
Lot Size Units: Square Feet
Lot Size Acres: 4.79
Lot Size Square Feet: 208652.4
Water Source: Public
Financial Details
Tax Map Number: 8
Tax Assessed Value: $412,772
Utilities Details
Sewer : Public Sewer
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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ft²
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About Bastrop
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Listed by: Kreshnik Shehu
Listed Office: All City Real Estate Ltd. Co - Listing courtesy of Unlock MLS
Phone: (866) 277-6005
Last Updated: 2026-06-24 04:02:19
Data Source: Unlock MLS, MLS# ACT2113934
Details provided by Unlock MLS as Distributed by MLS Grid and may not match the public record.
Listed Office: All City Real Estate Ltd. Co - Listing courtesy of Unlock MLS
Phone: (866) 277-6005
Last Updated: 2026-06-24 04:02:19
Data Source: Unlock MLS, MLS# ACT2113934
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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