2204 Water St
About this property
Prime Investment Opportunity - Versatile lot with multiple entrances. Incredible potential with three separate road entrances - One on Water St, another on Magnolia St and a Third on Main St. Whether you're looking to build or develop, this property provides flexibility with multiple options for subdivision. The convenient location offers easy access to main roads and is close to all local amenities, making it a prime spot for future growth. There are already 4 water meters installed. Owner is Open to Owner Financing with 20% down 10% Interest.
Property details
Location
About the Area
2204 Water St 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 Heart of the Pines Real Estate.