Property details
About TBD Fm20
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!
Highlights
Summary
- MLS Number: 6976698
- MLS Name: ACTRIS
- Office Name: McAllister & Associates
- Office Phone: (512) 472-2100
- Listing Agent: Spence Collins
Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS or Unlock MLS®). All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS, Unlock MLS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively 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. Data maintained by the Board, ACTRIS or Unlock MLS may not reflect all real estate activity in the market. Prices displayed on all Sold listings are the Last Known Listing Price and may not be the actual selling price.
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Last updated on: 4/17/2025, 4:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$6,975,000
TBD Fm20
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Price information
Property sales
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Tax history
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Nearby schools
4
Red Rock Elementary School
Public District PK-5
3.2 mi
•2401 FM 20
1
Cedar Creek Elementary School
Public District PK-5
6.9 mi
•5582 FM 535
2
Cedar Creek Intermediate School
Public District 6-6
7.3 mi
•151 Voss Pkwy
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $76,042. The majority of Bastrop, TX residents have income between $35k-100k annually. The majority of families are married, no kids. Typical level of education for residents in this area is high school diploma.
Frequently asked questions
About TBD Fm20
This home is located at TBD Fm20 in Bastrop, TX and zip code 78602 in the Culp neighborhood. Features: 0 bedroom, 0 bathroom. It has been listed on Rocket Homes since September 14, 2023 and is currently priced at $6,975,000.
In March 2025 more than 2 listings in Bastrop, TX were sold above the asking price. During the same period more than 8 listings were sold at asking price, while more than 32 were sold below. The inventory of homes for sale in Bastrop, TX between February and March 2025 increased by 18.5%. Listings spent 71 days on the market in March 2025, and had a median list price of $380,000 during the same period.