Nearby Schools
Bluebonnet (bastrop Isd)Elementary School
Cedar Creek IntermediateMiddle School
Cedar CreekHigh School
Description
This quadraplex built in 2014 has four 3/2 units, each 1,200 sq ft, with additional space between the two downstairs units. It also has a FIFTH unit – a 2020 4/2 manufactured home with roughly 2,000 sq ft. (The manufactured home can stay or go, per buyer preference.) Currently multi-generational living, with some painting and polishing this could be an exceptional rental property. Estimating over $8,000 monthly rent potential. Plus, while sitting on over 6 acres, there is plenty of room for more development. Property next door, with an additional 6.3 acres and a house (needs work), is also for sale - MLS 5426253. 12 minutes from Bastrop, 18 from Elgin, 37 minutes to Austin, and 26 minutes to the airport, this is an excellent central location for all the development happening east of Austin. PARTIAL 500 year floodplain - only along the mid to rear southeast property line per flood maps in MLS, well away from the buildings and plenty of room left to develop more units.
Location
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Based on information from the Austin Board of REALTORS (alternatively, from ACTRIS). All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS, ACTRIS and their affiliates provide the MLS and all content therein "AS IS" and without any warranty, express or implied. Copyright © 2022 Austin Board of Realtors Updated: 31st March, 2023 2:49 AM (UTC)
