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Keenan Group#1 Austin Board of Realtors Team 2024

$2,200,000

2Beds
2Baths
4,736Sq Ft
19.78 acresLot

1540 N State Highway 95, Bastrop, TX 78602

Bastrop·MLS# 1388738·Built 1940·217 days on market

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.

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

Generous 19.78-acre lot
Free-Standing Electric Oven
Agricultural
Gentle Sloping
Public Maintained Road
Many Trees

Facts & Features

Interior

Appliances

  • Free-Standing Electric Oven

Flooring

  • Linoleum
  • Vinyl
  • Wood
Heating
Space Heater
Cooling
Wall/Window Unit(s)
Exterior & Lot

Construction

  • Concrete
  • Wood Siding

Lot Features

  • Agricultural
  • Gentle Sloping
  • Level
  • Public Maintained Road
  • Many Trees
  • Trees-Medium (20 Ft - 40 Ft)

Fencing

  • Fenced
  • Gate
  • Perimeter
  • Wire

Foundation

  • Pillar
  • Post
  • Pier
Roof
Metal
Lot Size
19.78 Acres

Parking

  • Shared Driveway

Waterfront

  • 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.

  1. ActiveListed 2026
    Current price: $2,200,000Original list: $1,000,000MLS 9166144
    1. Listed · March 13, 2026$1,000,000
    2. Price changed · May 15, 2026$2,200,000
  2. ActiveListed 2026
    Current price: $2,200,000Original list: $1,000,000MLS 1388738
    1. Listed · March 13, 2026$1,000,000
    2. 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.

View Timeline
Current list
$2,200,000
Original list
$1,000,000
Price movement
No verified reduction
Listed / DOM
Mar 13, 2026 · 217 days

Virtual Tour

Virtual tour of 1540 N State Highway 95
Map showing 1540 N State Highway 95
1540 N State Highway 95
Directions

Zoned Schools

Bastrop ISD

1 High School1 Middle School1 Elementary School

Bastrop

High SchoolGrades 9-12Zoned assignment

Bastrop

Middle SchoolGrades 6-8Zoned assignment

Mina

ElementaryGrades K-5Zoned assignment

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.

Principal & interest
$12,186

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

Loan: $1.8M
Mortgage rate%
Payoff: ~2056
Rate source: Freddie Mac 30-year fixed average (PMMS via FRED), as of 2026-10-15
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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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Frequently Asked Questions

How much is 1540 N State Highway 95?

1540 N State Highway 95 is listed at $2,200,000 with 2 bedrooms, 2 full bathrooms, 4,736 square feet, 19.78-acre lot. This places it above the ZIP 78602 single-family closed-sale median price of $379,945 (ZIP 78602 geography · single-family closed sales · median sale price · trailing 12 months as of Oct 15, 2026).

What school district is 1540 N State Highway 95 in?

1540 N State Highway 95 is zoned for Bastrop ISD with assigned schools: Mina (elementary), Bastrop (middle), Bastrop (high). School assignments should be verified directly with the district.

What are the property details for 1540 N State Highway 95?

1540 N State Highway 95 is a Farm built in 1940 featuring 2 bedrooms, 2 full bathrooms, 4,736 square feet, 19.78-acre lot.

What are the property taxes for 1540 N State Highway 95?

The most recent annual property tax for 1540 N State Highway 95 is $6,868. Texas has no state income tax, so property taxes are a primary revenue source. Rates vary by jurisdiction and exemptions. Verify current amounts with the county appraisal district.

How should a buyer estimate the monthly payment for 1540 N State Highway 95?

This page does not assume a mortgage rate or publish a monthly payment for 1540 N State Highway 95. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.

How does 1540 N State Highway 95 compare with other homes in Bastrop?

As of Oct 15, 2026, 1540 N State Highway 95 is offered at $2,200,000. The current MLS snapshot shows 322 active listings in 78602. Keenan Group has completed 2 verified transactions in 78602 within its 1,000+ completed transactions and $1B+ career volume across Austin.

When was 1540 N State Highway 95 built?

1540 N State Highway 95 was built in 1940 (86 years ago). Buyers should budget for potential updates to major systems.

What is the water access at 1540 N State Highway 95?

The MLS listing marks 1540 N State Highway 95 as waterfront. The reported waterfront feature is Creek, Dry, Seasonal. Confirm shoreline access, dock rights, and floodplain status from current property documents during due diligence.

Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.

Why Choose the #1 Austin Board Team for Bastrop

#1 ABoR Team 20241,000+ Career SalesCompass Luxury Collection Specialist

#1 Austin Board of Realtors Team. 1,000+ homes sold and $1B+ in career sales over 25+ years in Austin.

25+ years advising buyers and sellers in this community

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Listing courtesy of Unlock MLS as distributed by MLS GRID. Information deemed reliable but not guaranteed. Neither the listing broker nor Compass RE Texas, LLC shall be responsible for any typographical errors, misinformation, or misprints.

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Based on information submitted to MLS GRID as of 10/15/2026, 3:07:33 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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Last updated: 10/15/2026, 3:07:33 PM

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