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Live and operate your business from this unique property with highway frontage on FM 20 in Bastrop. Situated on two acres, this fully fenced and gated property offers three separate homes, creating a rare opportunity for multi-generational living, flexible use, or potential lease income. The property features two spacious homes with three bedrooms each, along with an additional one-bedroom, one-bathroom home. Whether you're looking to bring the whole family together or create additional income potential, this versatile layout provides plenty of options. The land offers ample space for animals, equipment, trailers, or recreational use, with convenient access and excellent visibility along FM 20. Enjoy the balance of country space and city convenience with Downtown Bastrop located less than 10 minutes away, offering shopping, dining, and entertainment. Move-in ready and full of possibilities—schedule your showing today.
Property Type
Residential
Year Built
2004
Lot Size
2.00 acres
Garage
5 spaces
Pool
Yes
Listed by Land Unlimited
Property Details
Appliances
Flooring
Construction
Lot Features
Fencing
Patio / Porch
Parking
Verified property facts
1451 FM 20 is listed at $635,000 with 7 bedrooms, 4 full, 1 half bathrooms, 2.00-acre lot. This places it above the 78602 median of $395,000.
1451 FM 20 is zoned for Bastrop ISD with assigned schools: Adelton (elementary), Bastrop (6/10) (middle), Bastrop (8/10) (high). School assignments should be verified directly with the district.
1451 FM 20 is a Residential built in 2004 featuring 7 bedrooms, 4 full, 1 half bathrooms, 2.00-acre lot.
1451 FM 20 is presented by the Keenan Group at Compass Real Estate, the #1 Austin Board of Realtors Team (2024) with 1,000+ career transactions and $1B+ in career volume across Austin's luxury market.
With 20% down ($127,000) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 1451 FM 20 is around $4,459 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
Comparable homes that recently closed in this area
Best Match
Balanced against price, location, and layout so nearby lookalikes rise first. Properties with similar features
Listing timeline with current price, original ask, and market time.

Bastrop ISD
Zoned assignments come from the property school fields available to us. District context schools are shown only when an assigned tier is missing. Contact the school district directly to verify current boundaries and enrollment eligibility. Ratings from GreatSchools.org.
20% ($127K)
$635,000
Luxury property intelligence
A sourced read on pricing, timing, and property scale. No automated valuation claim.
List price
$635,000
Price per sqft
Not available
Vs. neighborhood median
Not available
Days on market
86 days
Original to current
No verified reduction
$635K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of May 31, 2026.
Request Private Market AnalysisZIP-level neighborhoods, schools, lifestyle, and Austin market context
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#1 ABOR Team 2024 with $1B+ career sales volume
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
Recent sales for market context