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#1 Austin Board of Realtors Team 2024#1 Austin Board of Realtors Team 2024Loading
Prime Investment Opportunity - Versatile lot with multiple entrances. Incredible potential with three separate road entrances - One on Water St, another on Magnolia St and a Third on Main St. Whether you're looking to build or develop, this property provides flexibility with multiple options for subdivision. The convenient location offers easy access to main roads and is close to all local amenities, making it a prime spot for future growth. There are already 4 water meters installed. Owner is Open to Owner Financing with 20% down 10% Interest.
Property Type
Land
Lot Size
1.35 acres
Listed by Heart of the Pines Real Estate
Property Details
Lot Features
Verified property facts
2204 Water St is zoned for Bastrop ISD with assigned schools: Mina (4/10) (elementary), Riverside (middle), Bastrop (8/10) (high). School assignments should be verified directly with the district.
2204 Water St 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.
The most recent annual property tax for 2204 Water St is $3,033. 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.
With 20% down ($51,000) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 2204 Water St is around $1,576 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.
25+ years advising buyers and sellers in this community
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% ($51K)
$255,000
Luxury property intelligence
A sourced read on Farm Lt pricing, timing, and property scale. No automated valuation claim.
List price
$255,000
Price per sqft
Not available
Vs. Farm Lt median
Not available
Days on market
592 days
Original to current
No verified reduction
$255K 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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Pricing, prep, launch timing, and Compass marketing strategy
#1 ABOR Team 2024 with $1B+ career sales volume
At $255,000, 2204 Water St is in the Farm Lt market where there are currently 310 active listings in 78602. The Keenan Group has completed 2 transactions in 78602 as part of 1,000+ career sales totaling $1B+ across Austin.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
Best Match
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