Adelton BTR Site

FM 20 Bastrop, TX 78602

FM 20, Bastrop, TX, 78602
FM 20, Bastrop, TX, 78602
FOR SALE
Property Type:
Residential Land Development
Amount:
$5,130,000
Cap Rate:
0.00%
Last Verified:
Aug 21, 2024

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Approx. 14.187 acres located within the Adelton master-planned community in Bastrop, Texas, where there are approvals for over 50 acres of parkland, a robust trail system and 125,000 sf of commercial space within. This parcel has some site plan work for 171 units. With frontage along three roads, this approx. 14.187 acre tract is an ideal Single-Family For Rent Development Site minutes to downtown Bastrop and approximately 30 minutes to downtown Austin.

Map of FM 20, Bastrop, TX, 78602

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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.