
— bed, — bath on 14.25 acres in Bastrop. Bastrop, TX 78602. $6,975,000. Bastrop ISD.
Located in the Adelton master-planned community in Bastrop, Texas, where there are approvals for over 50 acres of parkland, a robust trail system and 150,000 sf of commercial space within. With frontage along three roads, this approx. 14.252 acre tract is an ideal Multi-Family Development Site only minutes to downtown Bastrop and approximately 30 minutes to downtown Austin. Utilities: Water and Wastewater – West Bastrop Village MUD, Electricity – Bluebonnet Electric, Gas – CenterPoint Energy, Internet – AT&T High-Speed Fiber at 1 GIG speed. No portion of the Property lies within the FEMA 100-year floodplain. If you're looking for a prime multi-family site in a growing, amenity-rich community, this one is worth a closer look!
This 14.252-acre estate parcel in Bastrop, Bastrop represents one of Central Texas's most strategically positioned development opportunities, offering the rare combination of three-road frontage and immediate proximity to both Bastrop's revitalized downtown core and Austin's booming metro corridor. The gated entry establishes immediate presence along FM 20, where mature landscaping and carefully maintained grounds signal the refined character of the Bastrop master-planned community. The property itself functions as a private park within a broader development framework: beyond the gates, the acreage unfolds across manicured land designed for purpose-built development rather than raw acreage speculation.
The Bastrop master-plan encompasses over 50 acres of dedicated parkland, a comprehensive trail system connecting the community's neighborhoods, and 150,000 square feet of planned commercial space. This infrastructure framework has already been approved and is operational, meaning this 14.252-acre tract doesn't stand alone as isolated land but rather integrates into an established ecosystem of amenities, pedestrian connectivity, and mixed-use development. Three separate road frontages provide multiple access points and development flexibility, a significant advantage for multi-family projects that benefit from varied site approaches.
Bastrop is a 30-minute drive from downtown Austin via Highway 71, positioning this property for Austin-bound professionals seeking community character without urban density, while the property sits only minutes from downtown Bastrop's growing restaurant scene and antique district. West Bastrop Village MUD provides water and wastewater service with demonstrated capacity. Electricity comes through Bluebonnet Electric, gas through CenterPoint Energy, and internet through AT&T High-Speed Fiber at 1 GIG speeds, eliminating typical rural infrastructure limitations that plague outlying land parcels.
The property lies completely outside the FEMA 100-year floodplain, removing regulatory risk for lenders and future residents. The manicured landscape aesthetic reflects Bastrop's commitment to preserving visual character even while facilitating substantial development. This is not speculative ranchland; it's infrastructure-ready ground with community standards already established. For multi-family developers seeking location intelligence, three-road connectivity, and built-in amenities within a growing Bastrop market, this estate parcel offers strategic positioning that raw acreage elsewhere simply cannot match.
Verified property facts
Tbd Fm20 is listed at $6,975,000 with 0 bedrooms, 14.25-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).
Tbd Fm20 is zoned for Bastrop ISD with assigned schools: Adelton (elementary), Bastrop (middle), Bastrop (high). School assignments should be verified directly with the district.
Tbd Fm20 is listed by McAllister & Associates. 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 Tbd Fm20. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.
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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.
20% ($1.4M)
Adjustable assumption - not a lending recommendation.
$6,975,000
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List price
$6,975,000
Price per sqft
Not available
Vs. Neighborhood guide reference price
Not available
Days on market
1,114 days
Original to current
No verified reduction
$5.1M original
Active inventory context
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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
As of Oct 2, 2026, Tbd Fm20 is offered at $6,975,000. 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.
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