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Dr. Marc Hester, DD
REALTOR®
(808) 341-8413
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502 Martin Luther King Jr Dr, Bastrop, TX 78602

$199,999
  • 502 Martin Luther King Jr Dr, Bastrop, TX 78602 Main Photo

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Active
BEDS2 BATHS1 full SQUARE FEET1,036 MLS#3456787
STATUSActive PROPERTY TYPEResidential - Single Family SUBDIVISIONBuilding Blk SCHOOLBastrop ISD

Property Description

Prime 0.50-acre infill site positioned along Martin Luther King Jr Dr with strong visibility and direct access to major transportation corridors. Located in a high-growth Bastrop submarket, this property presents a compelling value-add opportunity through rezoning and redevelopment.The site includes an older residential structure; however, the highest and best use is commercial or mixed-use development.Investment Highlights0.50 Acres (21,780 SF)High-visibility location with strong traffic exposureStrategic positioning near major highway accessFlat, usable lot with development potentialExisting structure (tear-down or repurpose)Utilities available in the areaLocated in the path of growth in Bastrop

502 Martin Luther King Jr Dr | MLS# 3456787

This single family home located at 502 Martin Luther King Jr Dr, Bastrop, TX 78602 is currently listed for sale with an asking price of $199,999. This property was built in 1905 and has 2 bedrooms and 1 full baths with 1036 sq. ft. Martin Luther King Jr Dr is located in the Building Blk subdivision within the Bastrop ISD school district. Search Building Blk real estate on drmarc.rmcapitalcity.com today.

Property Features

Property Type: Residential - Single Family
Lot Size: 0.54 Acres
Roof Type: Aluminum
Stories: 1.0
Taxes: $6,800
Year Built: 1905

Feature Descriptions

Area #: BA
Days on Site: 64
Exterior: None
Flood Plain: No
Flooring: Wood
Lot: Corner Lot
Parcel#: 35745
Parking Notes: None
Sewer: Public Sewer
Utilities: Electricity Available
Water: Public
Window: Wood Frames

Local Schools

High School: Bastrop
Middle School: Bastrop
Elementary School: Bluebonnet (Bastrop ISD)
School District: Bastrop ISD

Listed By / Shown By

Listed By

Agency Name: Beycome Brokerage Realty LLC
Agency Contact: (804) 656-5007

Shown By

Agent Name: Dr. Marc Hester, DD
Agent Phone: (808) 341-8413
Agency Title: Realty Capital City

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Estimated Payment

$ 1,070.11 per month $445.11 Principal & Interest $566.67 Property Tax $58.33 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided 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. Information on this site was last updated 07/17/2026. The listing information on this page last changed on 07/17/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Fri 07/17/2026 12:01:51 AM EST) or Austin MLS (last updated Thu 07/16/2026 11:57:46 PM EST) or CTXMLS (last updated Thu 07/16/2026 11:34:29 PM EST). Real estate listings held by brokerage firms other than Realty Capital City may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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