This ±14.187-acre tract is a fantastic opportunity for multi-family development in Adelton, a thoughtfully designed master-planned community in Bastrop, Texas. With approvals for over 50 acres of parkland, a scenic trail system, and 125,000 square feet of commercial space, Adelton offers a vibrant and connected lifestyle for future residents. With frontage along three roads, this site provides excellent access and visibility. It’s just minutes from downtown Bastrop and about 30 minutes from downtown Austin, making it a prime location for residential development. The property is priced at $22,500 per unit, with a minimum of 310 units. Utilities are already in place, including water and wastewater from West Bastrop Village MUD, electricity from Bluebonnet Electric, gas from CenterPoint Energy, and high-speed fiber internet (1 GIG) from AT&T. Plus, the entire property is outside the FEMA 100-year floodplain, making development even easier. If you're looking for a prime multi-family site in a growing, amenity-rich community, this one is worth a closer look!
MLS# | 4006660 |
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Listing Type | For Sale |
Style | Town House |
Sub-Type | Resale |
Status | Active |
Year | 1701 |
Days On Site | 103 |
Listing Provided By | McAllister & Associates | Spence Collins |
Zoning | Planned Development Agree |
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Acreage | 14.19 |
Water Front | Yes |
Property View | Neighborhood, Trees, Woods |
State | TX |
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County | Bastrop |
City | Bastrop |
Zip Code | 78602 |
Area | BW |
Community Name | Adelton |
Listing VS Median (In Adelton) | |
Price: $6,975,000 low | high Med: $367,959 On site: 103 low | high Med: 579.500000 |