
— bed, — bath on 0.30 acres in Bastrop. Bastrop, TX 78602. $1,360,000.
Investment Opportunity - Multiple Units - Multi Family - 251 Zimmerman is a 4 plex (2/1 576 sq ft each) - UNIT A - VACANT UNIT B - $900 RENT - $1,225 DEPOSIT UNIT C - VACANT UNIT D - $1,075 RENT - $1,050 DEPOSIT 261 Zimmerman is a Duplex (3/2 1,100 sq ft ea) - UNIT A - $1,300 RENT - $1,300 DEPOSIT UNIT B - $1155 RENT - $1,495 DEPOSIT 263 Zimmerman is a Duplex (3/2 1,100 sq ft ea) UNIT A - $1,155 RENT - $1,545 DEPOSIT UNIT B - $1,155 RENT - $950 DEPOSIT Owner wants to sell All At one time. The rents include water because each property has only One Meter and also Lawn Service is included in the rent. The duplexes have central air and heat, dishwashers and stove. They do offer W/D connections and each has a fenced in back yard area. The 4-plex has window units, stackable washer and dryers in some, refrigerators, dishwashers and stoves.
The clearest advantage at 251 Zimmerman Ave Unit #A in Bastrop is that this is an income-oriented multi family asset with a documented rent roll, existing deposits, and a larger assemblage strategy rather than a single isolated door. Priced at $1.36M in Bastrop, TX 78602, this 2004-built commercial sale sits on 0.3 acres and has been on the market for 307 days, which makes the underwriting conversation more concrete: unit mix, occupancy, operating structure, and repositioning potential matter more here than broad marketing language.
The 251 Zimmerman component is a fourplex with four 2 bedroom, 1 bathroom units at 576 square feet each. At the time reflected in the remarks, Unit A and Unit C were vacant, while Unit B was leased at $900 with a $1,225 deposit and Unit D was leased at $1,075 with a $1,050 deposit. The broader package also includes 261 Zimmerman and 263 Zimmerman, each configured as duplexes with 3 bedroom, 2 bathroom units of about 1,100 square feet. Reported rents there range from $1,155 to $1,300, with deposits from $950 to $1,545. The seller’s stated preference is to transfer the properties together, which shifts the value discussion toward scale, turnover management, and portfolio-level cash flow.
Operations are straightforward and worth noting because they affect real returns. Water is included in rent because each property is served by a single meter, and lawn service is also included. The duplex units offer central air and heat, dishwashers, stoves, washer and dryer connections, and fenced backyard areas. The fourplex units rely on window units and include a mix of stackable washers and dryers, refrigerators, dishwashers, and stoves. That contrast matters because it separates the asset into different maintenance and leasing profiles within the same offering.
For an investor looking at Bastrop County, this is the kind of property that should be evaluated as a small-scale income platform with clear operational inputs, existing lease evidence, and room to tighten occupancy and expense strategy over time. The long-term value here is in controlling multiple units with known configurations and rental history in one transaction, then improving performance through disciplined management rather than assumption.
Verified property facts
251 Zimmerman Ave Unit #A is listed at $1,360,000 with 0 bedrooms, 0.30-acre lot. This places it above the ZIP 78602 single-family closed-sale median price of $449,950 (ZIP 78602 geography · single-family closed sales · median sale price · trailing 12 months as of Oct 1, 2026).
251 Zimmerman Ave Unit #A is a Commercial Sale built in 2004 featuring 0 bedrooms, 0.30-acre lot.
251 Zimmerman Ave Unit #A is listed by Heart of the Pines Real Estate. Keenan Group at Compass presents this IDX listing and provides the accompanying market analysis using MLS Grid / Unlock MLS data reviewed as of Oct 2, 2026.
The most recent annual property tax for 251 Zimmerman Ave Unit #A is $23,013. 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.
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1 record on file
Every recorded listing, sale, and lease at 251 Zimmerman Ave Unit #A, whoever represented it.
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
Listing timeline with current price, original ask, and market time.
20% ($272K)
Adjustable assumption - not a lending recommendation.
$1,360,000
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List price
$1,360,000
Price per sqft
Not available
Vs. Neighborhood guide reference price
Not available
Days on market
507 days
Original to current
No verified reduction
$1.4M original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 2, 2026.
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This page does not assume a mortgage rate or publish a monthly payment for 251 Zimmerman Ave Unit #A. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.
As of Oct 2, 2026, 251 Zimmerman Ave Unit #A is offered at $1,360,000. The current MLS snapshot shows 319 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.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
Car-Dependent
N/A
Somewhat Bikeable
Walk Score measures walkability based on distance to amenities. Transit Score measures public transportation access. Bike Score measures bikeability based on bike infrastructure and terrain.
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