1880 Farm To Market 20
1880 Farm To Market 20
$1,150,000
2
2
1,358
1,358
$847
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.
- 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
WaterfrontNo
Waterfront DescriptionPond
Water Access DescriptionPond
ViewPasture, Trees/Woods
View YNYes
Pets AllowedNegotiable
Parcel Number60999
Location
LISTING UPDATED: 03/01/2024 06:00 PM
Property Details for 1880 Farm To Market 20
Status | Active |
---|---|
MLS # | 1597338 |
Days on Market | 64 |
Taxes | $3,046 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income / Duplex |
Year Built | 1956 |
Lot Size | 15.35 AC / 668,820 SF |
County | Bastrop County |
Location
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
The Payment Calculator is for illustrative purposes only.
Property Information for 1880 Farm To Market 20
Property History for 1880 Farm To Market 20
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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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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