Bre Meador, REALTOR®

Current MLS property details

502 Martin Luther King Jr Dr, Bastrop, TX 78602

Active · MLS 3456787

$165,000

Listed by Steve Koleno · Beycome Brokerage Realty LLC · (804) 656-5007

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Property photo 1 at 502 Martin Luther King Jr Dr
Bedrooms
2
Bathrooms
1 total
Living area
1,036 sq ft
Lot size
0.540 acres
Year built
1905
Property type
Single Family Residence
Subdivision
Building Blk

Property description

Prime 0.50-acre infill site positioned along Martin Luther King Jr Dr with strong visibility and direct access to major transportation corridors. Located in a high-growth Bastrop submarket, this property presents a compelling value-add opportunity through rezoning and redevelopment. The site includes an older residential structure; however, the highest and best use is commercial or mixed-use development. Investment Highlights 0.50 Acres (21,780 SF) High-visibility location with strong traffic exposure Strategic positioning near major highway access Flat, usable lot with development potential Existing structure (tear-down or repurpose) Utilities available in the area Located in the path of growth in Bastrop

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Listing information last updated Sep 18, 2026, 12:17 am CDT.

About Bastrop, TX

Bastrop right now: 377 homes for sale shown on this site, 317 active or coming soon. Median list price: $405,000.

Schools listed for this property: Bastrop ISD (Elementary: Bluebonnet (Bastrop ISD), Middle: Bastrop, High: Bastrop). Confirm school assignment with the district.

All current homes in Bastrop, TX

Bastrop, TX real estate guide · Bastrop County housing market · Bastrop County school districts

Source: Unlock MLS listing data as distributed by MLS GRID, as of Nov 11, 2026, 5:39 pm CST. Counts and median cover current listings shown on this site, not sales history. Report a correction to Bre at (512) 993-8488.

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Listings courtesy of Unlock MLS as distributed by MLS GRID. Presented by Bre Meador, REALTOR®, All City Real Estate, Ltd. Co., (512) 993-8488.

Based on information submitted to the MLS GRID as of Nov 11, 2026, 5:39 pm CST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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