2 bed, 2 bath, 4,736 sqft on 19.78 acres in Bastrop. Bastrop, TX 78602. $2,200,000. Bastrop ISD.
About This Home
This is a fantastic opportunity you don’t want to miss! With over 300' of highway frontage the 19.78 acres of land per the survey, you’ll have ample space to build your dream home or business in a serene setting. The existing house, built in the 1940s with original wood floors 2b/2b (owners living in) no central air, electric heater and window units, second home is a teardown and property is being sold as-is, giving you a blank canvas to create your vision. Wildlife exemption and is abundant in this area, making it perfect for nature lovers. Older horse barn for getting out of the weather. Needs cleanup but has over 300’ of road frontage and Aqua water. Perfect for Storage units, RV Park, Mobile home park, so many opportunities. Enjoy the best of both worlds—peaceful country living with the convenience of being just a short drive to Lake Bastrop, Post Pines, and Bastrop Town Center. Great space for RV park, storage, mobile home park, distribution, warehousing business location. The city of Bastrop also hosts numerous events throughout the year, fostering a strong sense of community. Nice oaks on the property and also has mesquite trees.. Creek runs through back area of property and there is about 3 acres on other side of creek easy to access as rarely has water only runs with super heavy rains like Harvey as it's caused by pond overflowing. Bastrop is known for its breathtaking pine and oak trees, offering a picturesque landscape. Plus, with a low tax rate and easy access to modern conveniences, this property is the perfect place to call home. Don’t miss out on this incredible investment opportunity! Approx. 9.5 miles from Elgin and 7.5 miles out of Bastrop.
Nearly 20 acres with more than 300 feet of highway frontage is the core value at 1540 N State Highway 95 Hwy. In Bastrop, this 19.78 acre tract in Bastrop County combines direct visibility, scale, and flexibility in a way that is hard to replicate at this price point, especially with a reported $211 per square foot basis across a 4,736 square foot improvement.
The property is currently improved with a 2 bedroom, 2 bath home built in 1940, and the structure reads as functional interim space rather than the primary reason to buy. The house has original wood floors, but it also lacks central air and relies on electric heat and window units. A second house is considered a teardown, and the property is being sold as-is. That matters because the land is what sets the opportunity. Highway frontage of this length opens a different set of conversations than a typical rural homesite, whether the buyer is thinking about a long hold, a future homesite with room to expand, or a more operational use tied to access and visibility.
The site itself adds more depth than a simple open tract. There are mature oaks and mesquite trees, an older horse barn for basic cover, and a creek running through the back portion of the property. The remarks indicate roughly 3 acres sit on the far side of that creek with access, and that water is typically limited to heavy rain conditions. The land also carries a wildlife exemption, which is a meaningful point for ownership economics. For buyers who understand rural Central Texas property, those details shape both use and carrying cost.
From a location standpoint, this is positioned between Bastrop and Elgin, with the seller noting roughly 7.5 miles to Bastrop and about 9.5 miles to Elgin. Lake Bastrop, Post Pines, and Bastrop Town Center are also part of the local reference map, which helps frame convenience without changing the rural character of the tract. Bastrop ISD serves the property, with Mina Elementary, Bastrop Middle, and Bastrop High assigned.
At $1.00M and only three days on market, this is not a polished estate offering. It is a frontage-driven acreage play with an existing residential footprint, multiple outbuildings and structures, and the kind of scale that gives a buyer room to decide what the highest and best use should be over time.
The numbers behind this insight
- Offered at
- $2,200,000
- Listed
- March 13, 2026
- Asking price per sq ft
- $465
Keenan Luxury Market Index: $2M-$3M single-family homes across the Austin area sold at a median $601 per sq ft over the trailing 12 months (379 sales), as of October 15, 2026.
- Property Type
- Farm
- Year Built
- 1940
- Lot Size
- 19.78 acres
- Price / Sq Ft
- $465
Listing information last updated August 14, 2026.
Listed by eXp Realty, LLC
MLS# 1388738 • Active
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Highlights
Facts & Features
Interior
- Free-Standing Electric Oven
- Linoleum
- Vinyl
- Wood
- Heating
- Space Heater
- Cooling
- Wall/Window Unit(s)
Exterior & Lot
- Concrete
- Wood Siding
- Agricultural
- Gentle Sloping
- Level
- Public Maintained Road
- Many Trees
- Trees-Medium (20 Ft - 40 Ft)
- Fenced
- Gate
- Perimeter
- Wire
- Pillar
- Post
- Pier
- Roof
- Metal
- Lot Size
- 19.78 Acres
- Shared Driveway
- Creek
- Dry
- Seasonal
Financial
- Original List Price
- $1,000,000
- Price per Sq Ft
- $465
Utilities
- Above Ground
- Cable Available
- Electricity Connected
- Phone Available
- Sewer Connected
- Water Connected
- Water Source
- Private
- Sewer
- Shared Septic,Septic Tank,See Remarks
Transaction History
2 records on file
Every recorded listing, sale, and lease at 1540 N State Highway 95, whoever represented it.
- ActiveListed 2026Current price: $2,200,000Original list: $1,000,000MLS 9166144
- Listed · March 13, 2026$1,000,000
- Price changed · May 15, 2026$2,200,000
- ActiveListed 2026Current price: $2,200,000Original list: $1,000,000MLS 1388738
- Listed · March 13, 2026$1,000,000
- Price changed · May 15, 2026$2,200,000
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
Price & Listing History
Listing timeline with current price, original ask, and market time.
- Current list
- $2,200,000
- Original list
- $1,000,000
- Price movement
- No verified reduction
- Listed / DOM
- Mar 13, 2026 · 217 days
Virtual Tour

Zoned Schools
Bastrop ISD
Bastrop
Bastrop
Mina
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.
Excluded from this estimate: property taxes, home insurance, and HOA dues. Each requires verified amount, cadence or unit, source, and as-of details.
20% ($440K)
Adjustable assumption - not a lending recommendation.
$2,200,000
Luxury property intelligence
Keenan Market Position
A sourced read on Bastrop pricing, timing, and property scale. No automated valuation claim.
List price
$2,200,000
Price per sqft
$465/sqft
Vs. Neighborhood guide reference price
Not available
Days on market
217 days
Original to current
No verified reduction
$1M original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 15, 2026.
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