Price Reduction - Views - Primary on Main
Address
1880 Farm to market Rd 20, Red Rock, TX
Price
$ 995,000
Property Attributes
  • MLS#6653358
  • TypeSingle Family
  • CountyBASTROP
  • CityRed Rock
  • AreaBW
  • NeighborhoodLentz - Jacob G
  • Zip78662
  • Style
  • Year Built1956
  • Taxes$ 8182
  • Price$ 995,000
  • Bedrooms2
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage1358
  • Lot Size15.354 Acres
Data Source:
Austin Board of REALTORS® (ABOR) as distributed by MLS GRID
Property 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 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.

Elementary School Middle School High School
Red Rock Elementary School Cedar Creek Middle School Cedar Creek High School
Price History
3/8/2024 Listed $1,150,000
5/25/2024 14% - $995,000

General Features

Interior Features Primary Bedroom on Main,See Remarks
Sewer Septic Tank
Heating Space Heater
Cooling Wall/Window Unit(s)
Utilities Above Ground
Roof Metal
Appliances Dishwasher,Microwave,Free-Standing Electric Range,Washer/Dryer Stacked
Exterior Features See Remarks
Patio/Porch Features None
Security Features None
Construction Materials HardiPlank Type
Year Built 1956
View Pasture,Trees/Woods
Levels One
Property SubType See Remarks
Tax Year 2023
Waterfront Features Pond
Community Features Common Grounds,Laundry Room,See Remarks
Accessibility See Remarks
County Bastrop
New Construction No
Property Type Residential
HOA / Comm Assn No
Energy Efficient None
Subdivision Name Lentz,Jacob G
Facing Direction East
Green Sustainability None
Other Structures See Remarks
Status Active
Directions East on Highway 71,take Exit for Highway 20 South,approximately 9 miles the property will be to the right.
High School Cedar Creek
City Red Rock
Disclosures Seller Disclosure
MLS Area BW
Lot Size Square Feet 668820.24
Waterfront Y/N No
Elementary School Red Rock
Tax Annual Amount 3046.22
Middle/Junior High School Cedar Creek
Property Condition Resale
Additional Parcels Y/N No
Standard Status Active
Year Built Source Public Records
Tax Assessed Value 198100

Interior Features

Flooring Laminate
Window Features Vinyl Windows
Full Baths 2
Total Bedrooms 2
Main Level Bedrooms 2
LivingAreaSource Public Records
Total Baths 2

Exterior Features

Fencing Cross Fenced,Perimeter
Parking Features RV Access/Parking,See Remarks
Lot Features See Remarks
Water Source Public
Total Parking 8
Foundation Details Pillar/Post/Pier
Lot Size Acres 15.354
Horse Y/N Yes
Horse Amenities See Remarks

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 78662

Price
AVG $1.02M
$1,000K
Taxes
AVG $6,396
$8,182
Visits
AVG 152
239
Data Provided by Inside Real Estate®
Year Built
AVG 1988
1956

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