00 E State Highway 71 Highway, Bastrop, TX 78602
Tahitian Village · Bastrop County
Key Facts
Description
Positioned just off the Highway 71 ramp, this P5-zoned commercial lot offers an exceptional opportunity to develop in one of Central Texas’s fastest-growing corridors. P5 zoning allows higher-density mixed-use projects, including retail, office, multifamily, row homes, and live-work concepts, with buildings up to five stories high. The P5 Form-Based Code encourages a vibrant, walkable streetscape defined by continuous building lines, tree-lined sidewalks, and an active street edge. This district supports a true urban village feel, where residents and visitors can live, work, and shop within the same connected community. The property features a TXDOT-approved driveway and is conveniently surrounded by established commercial developments, national retailers, and new master-planned communities. Just minutes from Downtown Bastrop and within 25 minutes of Austin-Bergstrom International Airport, this site offers unmatched access and visibility. As Bastrop continues its rapid expansion, with new projects such as The Colony, Riverbend, SpaceX/Starlink, 552 Film, and The Boring Company, this parcel sits at the center of Bastrop’s next wave of growth. Whether envisioned as townhomes, medical offices, or a modern retail/office strip, this property provides the flexibility and zoning strength to bring a high-impact project to life. Highlights: • Zoned P5 Urban Center – up to 5 stories permitted • TXDOT-approved driveway for immediate access • Ideal for mixed-use, live/work, medical, or retail development • Located just off Highway 71, minutes from Downtown Bastrop • Surrounded by high-growth residential and commercial activity
Property Information
Property Type
Commercial Sale
Year Built
2025
Living Area
50,094 sq ft
Lot Size
1.15 acres
Days on Market
194
MLS® Listing#
4841373
Property Features
Cooling
Heating
Flooring
Parking
Construction
Other Structures
Utilities
Sewer
Water Source
Financial Details
Annual Taxes
$6,800
Tax year 2024
Assessed Value
$327,580
Parcel Number
33274
Directions
Take 150 exit, property is on the right right after the strip center and before bits and pieces
Affordability Calculator
$85,000
Estimated monthly payment
$2,262/mo
Principal $340,000 · Est. interest $474,330 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Bastrop, TX
- $407,634
- Median Listing Price
- 75
- Median Days on Market
- 2,047
- Median Sq Ft
- $205
- Median Price / Sq Ft
- 414
- Active Listings
- This home’s price is 4% above the area median.
- Its price per sq ft is 96% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Bastrop, TX.
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 274 Akaloa DR, Bastrop, TX | $297,500 | 3 | 2 | 1,428 |
| 188 Weaver LN, Bastrop, TX | $297,998 | 3 | 3 | 1,670 |
| 1140 Cattail LN, Bastrop, TX | $299,000 | 4 | 3 | 1,940 |
| 109 Crepe Myrtle RD, Bastrop, TX | $299,000 | — | — | — |
| 200 Blanket Flower DR, Bastrop, TX | $299,000 | 3 | 2 | 1,120 |
| 1621 Dragonfly Loop LOOP, Bastrop, TX | $299,000 | 4 | 2 | 1,607 |
Moving Cost Estimate
Listing Courtesy: Spyglass Realty - (512) 321-8368
Last Updated: 2025-10-16