
— bed, — bath on 20.11 acres in Red Rock. Red Rock, TX 78662. $729,977.
20 ACRES + INCOME + COMMERCIAL FRONTAGE | NOW $729,000 Recently reduced by $70,000 from $799,000, this income-producing 20-acre property offers immediate cash flow with major upside potential along the rapidly growing FM 20 corridor in Central Texas. The property includes two parcels with four manufactured homes and multiple rentable units currently generating approximately $9,500/month, with projected upside to $12,000–$13,000+ at full occupancy. With high-visibility FM 20 frontage, existing utilities, and prior commercial use as a food truck and auto sales site, the property is well-positioned for RV spaces, mobile home expansion, contractor yard, retail frontage, equipment storage, food truck park, or mixed-use redevelopment. Located near Austin, Bastrop, and Lockhart, this corridor continues to experience strong residential and commercial growth, making large tracts with existing income increasingly difficult to find. Ideal for investors, developers, or entrepreneurs looking for acreage, cash flow, and long-term appreciation in one asset.
Verified property facts
2540 FM 20 is listed at $729,977 with 0 bedrooms, 20.11-acre lot. This places it above the ZIP 78662 single-family closed-sale median price of $507,500 (ZIP 78662 geography · single-family closed sales · median sale price · trailing 12 months as of Oct 1, 2026).
2540 FM 20 is a Commercial Sale built in 2023 featuring 0 bedrooms, 20.11-acre lot.
2540 FM 20 is listed by Realty of America, LLC. 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.
This page does not assume a mortgage rate or publish a monthly payment for 2540 FM 20. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.
As of Oct 2, 2026, 2540 FM 20 is offered at $729,977. The current MLS snapshot shows 10 active listings in 78662.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
3 records on file
Every recorded listing, sale, and lease at 2540 FM 20, 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% ($146K)
Adjustable assumption - not a lending recommendation.
$729,977
Luxury property intelligence
A sourced read on Red Rock pricing, timing, and property scale. No automated valuation claim.
List price
$729,977
Price per sqft
Not available
Vs. Neighborhood guide reference price
Not available
Days on market
133 days
Original to current
No verified reduction
$730K 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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#1 ABOR Team 2024 with $1B+ career sales volume
2540 FM 20 was built in 2023, making it 3 years old with relatively recent construction.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
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Recent sales for market context