$995,000
15.35± Acres
Active
Bastrop County, TX

1880 Farm To Market Rd 20, Red Rock, Texas

MLS ID: 6653358
Status: Active
Price: $995,000
Acres: 15.35±
Type: Residential
Address: 1880 Farm To Market Rd 20
City, State: Red Rock, TX
County: Bastrop County
ZIP Code: 78662
Parcel Number: 60999.
Bedrooms: 2
Bathrooms: 2
SqFt: 1,358
Year Built: 1956

Description

This unique income-generating property presents an exceptional investment opportunity with historically low vacancy rates for both its RV park and duplex units. The property is strategically positioned with 450 feet of frontage on HWY 20, offering excellent visibility and accessibility. The duplex, originally a farmhouse, has been meticulously converted and extensively renovated. One side is currently leased for $1, 042.50 per month with a lease ending on July 31st, 2024. The other unit is currently utilized by the owner. The RV park comprises eight spacious spaces and all currently leased. Each equipped with 20, 30, and 50 amp metered service, septic hookups, and metered water. Additionally, there is a separate aerobic septic system dedicated to the RV park for efficient waste management. The property also includes a laundromat with coin-operated Maytag washer and dryer, providing an added convenience for tenants and visitors. A 40 x 60 steel barn with a 20 x 40 slab, electric, and water connections offers ample storage space, with two framed tool sheds (8 x 12 and 8 x 16) inside the barn. The property is fenced on three sides, providing security and privacy. A new conventional septic system was installed for the duplex in 2022, ensuring modern and efficient waste management. The topography and elevations of the property suggest potential for additional commercial or residential development, making it an ideal investment for those looking to expand or diversify their portfolio. With its prime location, extensive amenities, and potential for growth, this income-generating property is a rare find and a solid investment opportunity.

Directions: East on Highway 71, take Exit for Highway 20 South, approximately 9 miles the property will be to the right.

Additional Information

Interior

Appliances: Dishwasher, Microwave, Free-Standing Electric Range, Washer/Dryer Stacked
Bathrooms Full: 2
Cooling: Wall/Window Unit(s)
Flooring: Laminate
Heating: Space Heater
Interior Features: Primary Bedroom on Main, See Remarks
Living Area Source: Public Records

Exterior

Exterior Features: See Remarks
Fencing: Cross Fenced, Perimeter
Foundation Details: Pillar/Post/Pier
Horse Amenities: See Remarks
Horse: Yes
Lot Features: See Remarks
Lot Size Square Feet: 668,820
Other Structures: See Remarks
Parking Features: RV Access/Parking, See Remarks
Parking Total: 8
Pool Private: Yes
Roof: Metal
Water Source: Public
Waterfront Features: Pond
Window Features: Vinyl Windows

Financial/HOA/Schools

Direction Faces: East
Elementary School: Red Rock
Middle School: Cedar Creek
High School: Cedar Creek
Subdivision Name: Lentz, Jacob G
Tax Annual Amount: 3046.22

Extra Information

Disclosures: Seller Disclosure
Chip Bubela

Chip Bubela

Schulenburg, Texas

(979) 743-4555

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Listed By: Kreshnik Shehu of All City Real Estate Ltd. Co - (512) 412-2331