88 Smith Bastrop TX 78602

$4,000,000

Property Description

Transitional land opportunity consisting of +/- 88.852-acres lying within the Bastrop Statutory ETJ. This land is adjacent to Section 1 of the Woodrun Subdivision which was the Phase 1 of a deed restricted, residential development consisting of 44, 1-acre lots - all sold out quickly in 2019. This +/- 88.85 acres was originally the 2nd and 3rd phases of the same residential development, but is now offered as an opportunity for a developer to take over with a new set of plans for a much needed, residential community to fulfill the exponential growth occurring in Bastrop. This property lies off Smith Road with four (4) separate access points off this paved, county maintained road. Infrastructure includes a 6 inch water main line along Smith Road with fire hydrants serviced by AQUA Water. Current owner had previously reserved capacity for 62 water meters with AQUA Water for the development of this +/- 88.85 acres. Bluebonnet Electricity is also located along Smith Road with capacity for future development. Utility availability and current capacity to be independently verified by buyer. There is opportunity here for new manufactured homes or a site built home community. Located minutes from the City of Bastrop, Approximately 20 miles to ABIA and Downtown Austin and an even easier commute to The Boring Company, Space X, The Hyatt Lost Pines Resort & Spa and Tesla. Bastrop County features 2 State Parks and 3 golf courses.

Property Details

  • Price: $4,000,000
  • Acres: 89
  • MLS #: 1820084
  • County: Bastrop
  • City: Bastrop
  • State: TX
  • Zip: 78602
  • Status: Active
  • Type: Land

Property Map / Directions

From Austin, take I-35 South to Hwy 71 towards Bastrop. Continue approx. 24 miles then exit toward Frontage Rd, then turn left onto State Hwy 95 N/TX-21 E for 2.4 miles, then left onto Old McDade Rd, right onto N Main St/Sayers Rd, left onto Smith Road. Property will be on the left and has 4 access points off Smith Road.

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