Adelton Multi-Family Development Tract
14 Acre Multi-Family Development Tract on FM20
Marketing description
Located within the Adelton master-planned community in Bastrop, Texas, where there are approvals for over 50 acres of parkland, a robust trail system and 150,000 sf of commercial space within. This parcel has some site plan work for 171 units. With frontage along three roads, this approx. 14.25 acre tract is an ideal Multi-Family Development Site only minutes to downtown Bastrop and approximately 30 minutes to downtown Austin.
Investment highlights
Location: Located on the west side of FM20; 0.6 miles south of the intersection of FM20 and SH71 and only minutes to downtown Bastrop.
Size: + 14.187 Acres
Utilities: Water and Wastewater – West Bastrop Village MUD, Electric – Bluebonnet Electric Coop, Gas – CenterPoint Energy, & Internet – AT&T High-Speed Fiber at 1 GIG speed
Zoning: Planned Development Agreement
Floodplain: No portion of the Property lies within the 100-year floodplain
Frontage: + 313 feet on FM20, + 1,373 feet on Farn Dr, and + 325 feet on Vogel Lane
Pricing: $22,500 per unit with a minimum of 310 units.
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