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Keenan Group#1 Austin Board of Realtors Team 2024

$850,000

0Beds
3.55 acresLot

885 State Highway 71, Bastrop, TX 78602

Bastrop·MLS# 7035219·Built 2016·79 days on market

— bed, — bath on 3.55 acres in Bastrop. Bastrop, TX 78602. $850,000.

About This Home

Opportunity to own unrestricted property on the edge of fast-growing Bastrop with over 200' of Highway 71 frontage offering residential, commercial, and mixed-use possibilities. This property features an existing residence that can serve as an office, rental property and ready for immediate operations that is a 1,683 sqft steel-framed 2-bedroom, 2-bathroom barndominium with wood deck. A 1,200 square foot shop with 220-volt power and an extended metal canopy providing an additional 1,200 sqft of covered equipment parking offering flexibility for a variety of uses. If you're looking for a place to live, space for a business or workshop, or a property that combines residential and commercial uses, this property provides an opportunity to explore a range of possibilities. The existing home and shop offer a versatile setup for an owner-occupant, entrepreneur, contractor, tradesperson, or investor. Both structures are connected to 1,500 gallon, 3-compartment septic tank. The property is located within the Bastrop ETJ (Extraterritorial Jurisdiction) but outside the city limits, allowing the buyer to work with the county regarding applicable permits and requirements. A portion of the property lies within the floodplain; however, according to the existing survey, both structures are located outside the floodplain. Buyer and buyer's agent should independently verify all information, including permitted uses, zoning, restrictions, floodplain designation, utilities, septic systems, permitting requirements, and any potential residential, commercial, or mixed-use opportunities with the appropriate governmental and utility authorities.

Property Type
Commercial Sale
Year Built
2016
Lot Size
3.55 acres

Listing information last updated October 5, 2026.

Listed by Kuper Sotheby's Int'l Realty

MLS# 7035219 • Active

IDX inquiries: Keenan Group at Compass · (512) 415-7653

Highlights

Generous 3.55-acre lot
Both structures are connected to 1,500 gallon, 3-compartment septic tank

Facts & Features

Interior

Flooring

  • Concrete
Heating
Central
Cooling
Central Air
Exterior & Lot

Construction

  • Frame
  • Metal Siding

Foundation

  • Pillar
  • Post
  • Pier
  • Slab
Lot Size
3.55 Acres

Parking

  • Carport
  • Covered
  • Driveway
  • Electric Gate
  • Enclosed
  • Gravel
  • Outside
  • Oversized
  • Storage
Financial
Original List Price
$850,000
Utilities
  • Above Ground
  • Electricity Connected
  • Water Connected
Water Source
Public
Sewer
See Remarks,Septic Tank

Transaction History

1 record on file

Every recorded listing, sale, and lease at 885 State Highway 71, whoever represented it.

  1. ActiveListed 2026
    Current price: $850,000Original list: $850,000MLS 7035219
    1. Listed · August 27, 2026$850,000

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
$850,000
Original list
$850,000
Price movement
No verified reduction
Listed / DOM
Aug 27, 2026 · 79 days

Virtual Tour

Virtual tour of 885 State Highway 71
Map showing 885 State Highway 71
885 State Highway 71
Directions
Principal & interest
$4,574

Excluded from this estimate: property taxes, home insurance, and HOA dues. Each requires verified amount, cadence or unit, source, and as-of details.

Illustrative down payment

20% ($170K)

Adjustable assumption - not a lending recommendation.

Home price

$850,000

Loan: $680K

Loan details

Mortgage rate%
Payoff: ~2056
Rate source: Freddie Mac 30-year fixed average (PMMS via FRED), as of 2026-11-12
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Luxury property intelligence

Keenan Market Position

A sourced read on Bastrop pricing, timing, and property scale. No automated valuation claim.

List price

$850,000

Price per sqft

Not available

Vs. Neighborhood guide reference price

Not available

Days on market

79 days

Original to current

No verified reduction

$850K original

Active inventory context

Ask for current inventory

Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 16, 2026.

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Homes sold by Keenan Group.

Verified property facts

Frequently Asked Questions

How much is 885 State Highway 71?

885 State Highway 71 is listed at $850,000 with 0 bedrooms, 3.55-acre lot. This places it above the ZIP 78602 single-family closed-sale median price of $380,000 (ZIP 78602 geography · single-family closed sales · median sale price · trailing 12 months as of Nov 13, 2026).

What are the property details for 885 State Highway 71?

885 State Highway 71 is a Commercial Sale built in 2016 featuring 0 bedrooms, 3.55-acre lot.

How should a buyer estimate the monthly payment for 885 State Highway 71?

This page does not assume a mortgage rate or publish a monthly payment for 885 State Highway 71. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.

How does 885 State Highway 71 compare with other homes in Bastrop?

As of Oct 16, 2026, 885 State Highway 71 is offered at $850,000. The current MLS snapshot shows 298 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 885 State Highway 71 built?

885 State Highway 71 was built in 2016, making it 10 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.

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

Unlock MLSMLS GRID

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.

IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS, as amended from time to time.

Based on information submitted to MLS GRID as of 10/15/2026, 9:07:33 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.

Use or search of this IDX data by anyone other than a consumer looking to purchase real estate is prohibited. Automated collection, scraping, republication, or redistribution of MLS listing data is prohibited.

Keenan Luxury Market Index figures and Keenan Group sales counts are published under CC BY 4.0 and may be reused with attribution to Keenan Group at Compass. Methodology and citation format: thekeenangroup.com/the-source/keenan-luxury-market-index-methodology.

Last updated: 10/15/2026, 9:07:33 PM

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