Active Under Contract Commercial MLS# ACT4841373

00 E State Highway 71 Hwy

Bastrop, TX 78602

$425,000

About 00 E State Highway 71 Hwy

Positioned just off the Highway 71 ramp, this P5-zoned commercial lot offers an exceptional opportunity to develop in one of Central Texas’s fastest-growing corridors. P5 zoning allows higher-density mixed-use projects, including retail, office, multifamily, row homes, and live-work concepts, with buildings up to five stories high.

The P5 Form-Based Code encourages a vibrant, walkable streetscape defined by continuous building lines, tree-lined sidewalks, and an active street edge. This district supports a true urban village feel, where residents and visitors can live, work, and shop within the same connected community.

The property features a TXDOT-approved driveway and is conveniently surrounded by established commercial developments, national retailers, and new master-planned communities. Just minutes from Downtown Bastrop and within 25 minutes of Austin-Bergstrom International Airport, this site offers unmatched access and visibility.

As Bastrop continues its rapid expansion, with new projects such as The Colony, Riverbend, SpaceX/Starlink, 552 Film, and The Boring Company, this parcel sits at the center of Bastrop’s next wave of growth. Whether envisioned as townhomes, medical offices, or a modern retail/office strip, this property provides the flexibility and zoning strength to bring a high-impact project to life.

Highlights: • Zoned P5 Urban Center – up to 5 stories permitted • TXDOT-approved driveway for immediate access • Ideal for mixed-use, live/work, medical, or retail development • Located just off Highway 71, minutes from Downtown Bastrop • Surrounded by high-growth residential and commercial activity

Property details

Property

Type
Site-Pad
MLS type
Commercial Sale
Status
Active Under Contract
Year built
2025
Lot
1.15 AC / 50,094 SF
Original price
$450,000
MLS #
4841373

Utilities

Utilities
Electricity Available, Sewer Available, Water Available
Water
Public

Financial

Annual tax
$6,800
Tax year
2024
Parcel
33274
Legal
Emerson 71 Subdivision, ACRES 1.149, (RESUB OF LOTS 1607 THRU 1611, BLK 24, TAHITIAN VILLAGE, UN 1)
Special conditions
Standard

Location

Subdivision
Tahitian Village
County
Bastrop
Directions
Take 150 exit, property is on the right right after the strip center and before bits and pieces

Location

Neighborhood
Tahitian Village

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Listed by Taylor Homuth, Spyglass Realty

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.