2540 Fm 20, Red Rock, TX 78662

$729,977

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List Price
$729,977
Status
ACTIVE
MLS#
1261878
Days on Market
68
Lot Size
876,209
Area
Bastrop/Smithville, Caldwell/Fayette

Property Description

20 ACRES + INCOME + COMMERCIAL FRONTAGE | NOW $729,000 Recently reduced by $70,000 from $799,000, this income-producing 20-acre property offers immediate cash flow with major upside potential along the rapidly growing FM 20 corridor in Central Texas. The property includes two parcels with four manufactured homes and multiple rentable units currently generating approximately $9,500/month, with projected upside to $12,000–$13,000+ at full occupancy. With high-visibility FM 20 frontage, existing utilities, and prior commercial use as a food truck and auto sales site, the property is well-positioned for RV spaces, mobile home expansion, contractor yard, retail frontage, equipment storage, food truck park, or mixed-use redevelopment. Located near Austin, Bastrop, and Lockhart, this corridor continues to experience strong residential and commercial growth, making large tracts with existing income increasingly difficult to find. Ideal for investors, developers, or entrepreneurs looking for acreage, cash flow, and long-term appreciation in one asset.

Additional Information

Tax Year
2025
Year Built
2023
Parking Spaces
20
Construction
Cement Siding
Region
Bastrop/Smithville, Caldwell/Fayette
Sewer
Septic Tank
Street Name
Fm 20
Street Number
2540
Neighborhood
N/A
Water
Well
Acres
20.12
County
Bastrop
Floor
Tile, Vinyl
Heating
See Remarks

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Calculator source: Real Geeks

Listing courtesy of Realty of America, LLC. Contact: (512) 788-9495

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