$995,000

15.35± Acres

Active

Bastrop County, TX

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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

Lat/Long: 29.95967, -97.44611

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

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Chip Bubela

Schulenburg, Texas

(979) 743-4555

Interested? Contact Us Today About This Listing

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© 2024 Austin Board of REALTORS® Based on information submitted to the MLS GRID as of July 27, 2024 at 12:00:00 AM UTC. 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.

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

1880 Farm To Market Rd 20, Red Rock, Texas

Description

Additional Information

Maps

Chip Bubela

Interested? Contact Us Today About This Listing

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