Bastrop, TX 78602 (Bastrop County)
About this property
7.01 unrestricted acres with approximately 389 feet of Highway 71 frontage in Bastrop—a substantial opportunity for commercial investment and future development. The acreage and highway exposure make this a property to consider for a restaurant, retail strip center, apartments, or a mixed-use project, subject to applicable approvals. Existing improvements include roughly 9,000 square feet of total building space, consisting of a 6-bedroom home and a massive warehouse/workshop. Utilize the improvements for a business or live/work setup, explore potential rental income, or incorporate them into a phased development plan. With room to consider multiple buildings, parking, and outdoor space, the property offers flexibility for developers, investors, and owner-users. Put the existing improvements to work or bring a larger vision to 1045 Highway 71 W. Buyer to verify restrictions, permitted uses, access, utility capacity, and development requirements.
Property details
Location
About the Area
1045 W SH 71 Hwy is located in Bastrop, Texas, in Bastrop County. Bastrop County sits at the eastern edge of the Texas Hill Country transition zone, blending the Lost Pines forest, an isolated stand of loblolly pines separated from the East Texas Piney Woods by 100 miles, with open ranch land and the growing spillover of the Austin metro.
The Colorado River flows through the county, and the Lost Pines ecosystem creates a uniquely lush landscape unusual for Central Texas. Bastrop State Park preserves thousands of acres of pine forest that survived and recovered from the devastating 2011 wildfires.
Bastrop had an estimated population of 10,484 as of 2023. The 78602 zip code has a median household income of $86,976, a median home value of $310,300, and a median age of 38.1. The average household size is 2.67 people.
Bastrop County is one of the fastest-growing counties in Texas, driven by Austin metro expansion, the Tesla Gigafactory nearby, and SpaceX's Starbase proximity. Agriculture, timber, and tourism coexist with rapid residential and commercial development.
Demographic data sourced from the U.S. Census Bureau, American Community Survey 5-Year Estimates (2023).
Listing information © 2026 Unlock MLS (ACTRIS). All data provided AS IS. Information is deemed reliable but not guaranteed. Listing courtesy of Venture Partners R.E..