8
Map
$65,000
●
Land -
Off Market
Lot 8 and 9 Meadow Creek DR
Bastrop, TX 78602
Studio
0 Bath
$483
Est. Monthly
About This Property
1.4 Acres in Bastrop – Cleared, Utilities Available & Flexible
Potential. Opportunity meets flexibility with this 1.4-acre
homesite in growing Bastrop County. Thoughtfully cleared while
preserving the property's largest native trees, this land offers
the perfect balance of open build space and natural Texas
beauty.
Water and electricity are available at the street, making future development more convenient. With no known restrictions (buyer to verify), you have the freedom to explore a variety of uses - from a custom home with elevated design to a weekend retreat, shop space, or long-term land investment.
Approximately half of the property lies within the floodplain, creating opportunities for creative site planning while preserving natural drainage and privacy buffers. The usable high-ground areas provide excellent positioning for a future homesite.
Located just a short drive from downtown Bastrop, Camp Swift, major commuting corridors, and continued Central Texas growth, this property offers both flexibility and future upside.
Water and electricity are available at the street, making future development more convenient. With no known restrictions (buyer to verify), you have the freedom to explore a variety of uses - from a custom home with elevated design to a weekend retreat, shop space, or long-term land investment.
Approximately half of the property lies within the floodplain, creating opportunities for creative site planning while preserving natural drainage and privacy buffers. The usable high-ground areas provide excellent positioning for a future homesite.
Located just a short drive from downtown Bastrop, Camp Swift, major commuting corridors, and continued Central Texas growth, this property offers both flexibility and future upside.
Unit Size
-
Days on Market
-
Land Size
1.42 acres
Price per sqft
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Property Type
Land
Property Taxes
$164
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: 5 months ago (Unlock MLS #ACT6535423)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 28, 2026 | In contract | - | |
| In contract | |||
| Feb 19, 2026 | Listed by Keller Williams Realty Lone St | $65,000 | |
| Listed by Keller Williams Realty Lone St | |||
| Nov 25, 2025 | Delisted | - | |
| Delisted | |||
| Apr 26, 2025 | In contract | - | |
| In contract | |||
| Feb 24, 2025 | Listed by eXp Realty, LLC | $37,000 | |
| Listed by eXp Realty, LLC | |||
   | |||
|
LOT 8 is part of approximately 1.41 acres- Lot 8 and 9 combined. We have all documents needed to begin the process of building. These two lots are perfect for anyone looking for an affordable piece of land to place a house or build. Please reach out if you have any questions.
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About Lake Bastrop Acres
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Listed by: Megan Turnipseed
Listed Office: Keller Williams Realty Lone St - Listing courtesy of Unlock MLS
Phone: (512) 868-1771
Last Updated: 2026-05-13 04:13:37
Data Source: Unlock MLS, MLS# ACT6535423
Details provided by Unlock MLS as Distributed by MLS Grid and may not match the public record.
Listed Office: Keller Williams Realty Lone St - Listing courtesy of Unlock MLS
Phone: (512) 868-1771
Last Updated: 2026-05-13 04:13:37
Data Source: Unlock MLS, MLS# ACT6535423
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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