14 Acre MF Development Site in Bastrop

FM 20 Bastrop, TX 78602

FM 20, Bastrop, TX, 78602
FM 20, Bastrop, TX, 78602
FOR SALE
Property Type:
Multifamily Land
Amount:
$6,975,000
Cap Rate:
0.00%
Last Verified:
Jul 22, 2025

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Located in the Adelton master-planned community in Bastrop, Texas, where there are approvals for over 50 acres of parkland, a robust trail system and 150,000 sf of commercial space within. With frontage along three roads, this approx. 14.252 acre tract is an ideal Multi-Family Development Site only minutes to downtown Bastrop and approx 30 minutes to downtown Austin. Utilities: Water and Wastewater – West Bastrop Village MUD, Electricity – Bluebonnet Electric, Gas – CenterPoint Energy, Internet – AT&T High-Speed Fiber at 1 GIG speed. No portion of the Property lies within the FEMA 100-year floodplain.

Map of FM 20, Bastrop, TX, 78602

What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.