1880 Farm To Market 20

Red Rock, TX 78662

$1,150,000
Price
2
Beds
2
Baths
1,358 Sq. Ft.
$847 / Sq. Ft.
1,358
Sq. Ft.
$847
per Sq. Ft.

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...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.
  1. Listed by Kreshnik Shehu • TREC #0641362 • All City Real Estate Ltd. Co • (512) 412-2331

Property Details for 1880 Farm To Market 20

Subdivision Name
Lentz, Jacob G
Waterfront
No
Waterfront Description
Pond
Water Access Description
Pond
View
Pasture, Trees/Woods
View YN
Yes
Pets Allowed
Negotiable
Parcel Number
60999

Location

Listing Courtesy of All City Real Estate Ltd. Co, Kreshnik Shehu, TREC #0641362
Add your commute
LISTING UPDATED: 03/01/2024 06:00 PM

Property Details for 1880 Farm To Market 20

StatusActive
MLS #1597338
Days on Market64
Taxes$3,046 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Duplex
Year Built1956
Lot Size15.35 AC / 668,820 SF
CountyBastrop County

Location

Listing Courtesy of All City Real Estate Ltd. Co, Kreshnik Shehu, TREC #0641362
Add your commute

Building Information for 1880 Farm To Market 20

Stories1Residences-Year Built1956Building Size-Lot Size15.35 AC / 668,820 SF

Payment Calculator

$6,530 per month

30 year fixed, 7.25% Interest

Principal and Interest

$6,276

Property Taxes

$254

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1880 Farm To Market 20

General Information
Parking
  • Garage Spaces: 0
  • Parking Features: RV Access/Parking, See Remarks
  • Garage: No
  • Covered Spaces: 0
Interior
  • Interior Features: See Remarks
  • Flooring: Laminate
  • Appliances: Washer/Dryer Stacked, Dishwasher, Free-Standing Electric Range, Microwave
  • Fireplace: No
  • Fireplaces Total: 0
  • Laundry Features: Stacked
  • Restrictions: Deed Restrictions
Exterior
  • Exterior Features: See Remarks
  • New Construction: No
  • Construction Materials: HardiPlank Type
  • Foundation Details: Pillar/Post/Pier
  • Patio And Porch Features: None
  • Roof: Metal
  • Fencing: Cross Fenced, Perimeter
  • Direction Faces: East
  • Window Features: Vinyl
  • Accessibility Features: See Remarks
  • Community Features: Common Grounds/Area, Laundry Facilities, See Remarks
Property Information
Lot Information
  • Lot Features: See Remarks
  • Horse: No
Location Information
  • Building Features: See Remarks
Utilities
  • Cooling YN: Yes
  • Cooling: Wall/Window Unit(s)
  • Heating YN: Yes
  • Heating: Space Heater
  • Sewer: Septic Tank
  • Utilities: Above Ground Utilities
  • Owner Pays: See Remarks
  • Water Source: Public
Unit Information
Unit 1
  • UnitNum: 2
  • BedsTotal: 1
  • NumFullBaths: 1
  • NumHalfBaths: 0
  • BathsTotal: 1
  • Furnished: Negotiable
  • ActualRent: $.00
  • LeasedYN: No
  • OccupantType: Owner
  • PetDeposit: $.00
  • PetDepositPerPetYN: No
  • Deposit: $.00
  • MonthToMonthYN: No
  • FireplaceYN: No
  • Permission: IDX
Unit 2
  • UnitNum: 1
  • BedsTotal: 1
  • NumFullBaths: 1
  • NumHalfBaths: 0
  • BathsTotal: 1
  • Furnished: Unfurnished
  • ActualRent: $1,042.50
  • LeasedYN: Yes
  • OccupantType: Occupied
  • LeaseExpires: 07-31-2024
  • PetDeposit: $.00
  • PetDepositPerPetYN: No
  • Deposit: $1,042.00
  • MonthToMonthYN: No
  • FireplaceYN: No
  • Permission: IDX
Financial Information
Taxes and HOA Information
  • Association: No
  • Tax Assessed Value: $198,100
  • Tax Year: 2023
  • Tax Rate: 1.54%
Showing Information
Showing Information
  • Security Features: None
  • Directions: East on Highway 71, take Exit for Highway 20 South, approximately 9 miles the property will be to the right.

Property History for 1880 Farm To Market 20

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1880 Farm To Market 20

Taxable ValueLand$82,761Additions$115,339Total$198,100
Tax Record2023$3,188 ($266 / month)
Home Facts
Beds0Total Finished SqFt1,350 SqFtAbove Grade Finished SqFt1,350 SqFtLot Size668,820 SqFtStyleMiscellaneous ResidentialYear Built1956CountyBASTROPAPNR60999

Schools near 1880 Farm To Market 20

This home is within Bastrop Independent School District.
Rating
School
Type
Grades
Distance
Public - PK to 4
Public - 5 to 6
Public - 7 to 8
Public - 9 to 12
Rating
School
Distance
Red Rock Elementary School
PublicPK to 4

Cedar Creek Intermediate School
Public5 to 6

Cedar Creek Middle School
Public7 to 8

Cedar Creek High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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1880 Farm To Market 20 is a multi-family home for sale in Red Rock, TX 78662. This property was listed for sale on March 2, 2024 by All City Real Estate Ltd. Co, it's currently listed at $1,150,000. It has been on the market for a total of 64 days and was last sold on December 30, 2016. This listing's school district is Bastrop Independent School District. Nearby schools include Red Rock Elementary School, Cedar Creek Intermediate School and Cedar Creek Middle School. 1880 Farm To Market 20 is a 2-bed, 2-bath, 1,358 sqft multi-family home built in 1956.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of All City Real Estate Ltd. Co, Kreshnik Shehu, TREC #0641362

Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS), Central Hill Country Board of Realtors, Central Texas MLS, Highland Lakes Association of Realtors, Bryan-College Station Association of REALTORS, and Waco Association of REALTORS. All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS, Central Hill Country Board of Realtors, Central Texas MLS, Highland Lakes Association of Realtors, Bryan-College Station Association of REALTORS, Waco Association of REALTORS, and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Copyright© 2024 Austin Board of REALTORS® (alternatively, from ACTRIS), Central Hill Country Board of Realtors, Central Texas MLS, Highland Lakes Association of Realtors, Bryan-College Station Association of REALTORS, and Waco Association of REALTORS. All rights reserved. We do not attempt to independently verify the currency, completeness, accuracy or authenticity of the data contained herein. All area measurements and calculations are approximate and should be independently verified. Data may be subject to transcription and transmission errors. Accordingly, the data is provided on an “as is” “as available” basis only and may not reflect all real estate activity in the market”. © [2024] REsides, Inc. All rights reserved. Certain information contained herein is derived from information, which is the licensed property of, and copyrighted by, REsides, Inc.