This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/13
$1,200,000 -$600,000 (-33.33%) Price Reduced
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/13
Property Description
1040 State Highway 71 sits in Bastrop County jurisdiction-offering freedom and flexibility with no zoning or ETJ restrictions. The property features an existing driveway and has been approved by the county for a private well, making development straightforward and cost-efficient. Positioned just before the newest entrance into the ColoVista community, this location benefits from increasing residential and commercial activity in one of Bastrop's fastest-growing corridors. With direct highway frontage and proximity to both Bastrop and Smithville, this site is ideally suited for industrial, warehouse, convenience store, or storage facility development. One boundary adjoins scenic parkland, providing natural buffers and long-term appeal for businesses or mixed-use concepts. As Bastrop continues its rapid expansion eastward, with new rooftops, retail centers, and employment hubs pushing toward this direction, this property offers investors and developers an exceptional opportunity to secure a strategic location in the path of growth.
Full Property Details
Full Property Details for 1040 State Hwy 71 E
General
- Price: $1,200,000
- Taxes: $3,433 (2025)
- Status: Active
- Type: Commercial
- Source: Austin_MLS
- MLS ID: 7416153
- Updated: 2/1/2026
- Added to Site: 113 day(s) ago
Additional Information
- Equipment: None
Parking
- Parking Features: None
Location
- Area: BA
- County: Bastrop
- Subdivision: Bastrop Hills Homesites
- Driving Directions: Take 71, right next to Parabellum Research
Utilities
- Utility Description: Electricity Available, Water Available
Structural Information
- Detached/Attached: Detached
- Square Feet: 77,972
- Sq. Ft. Source: Public Records
- Year Built Source: Public Records
- Property Condition: See Remarks
Additional Structures
- Other Structures: None
Lot Features
- Lot Size (Acres): 1.79
- Lot Size (Sq. Ft.): 77,972.4
Financial Considerations
- Assessment Amount: $218,622
- Tax Amount: $3,433.78
- Tax Year: 2025
- Terms: Cash, Conventional
Disclosures and Reports
- Special Conditions: Standard
- Legal Description: BASTROP HILLS HOMESITES, SECTION 1, LOT 44, ACRES 1.79
- Disclosures/Reports: None
- Property ID: 63071
- Lot Number: 44
Listed by Spyglass Realty
Get Pre-Approved Today
Schools
Schools serving 1040 State Hwy 71 E
School District:Bastrop Independent School District
| Name | Grades | Distance |
|---|---|---|
Emile Elementary School 601 Mlk, Bastrop, TX 78602 | PK-5 | 4.1 mi |
Bastrop Intermediate School 509 Old Austin Highway, Bastrop, TX 78602 | 6- | 5.7 mi |
Bastrop Middle School 725 Old Austin Highway, Bastrop, TX 78602 | 7-8 | 6.1 mi |
Bastrop High School 1614 Chambers Street, Bastrop, TX 78602 | 9-12 | 4.5 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1040 State Hwy 71 E
Date
Details
Price
Change
Source
2/01/2026
Price Reduced
$1,200,000
-33.33%
MLS
10/17/2025
Listed
$1,800,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1040 State Hwy 71 E
Year
Property Taxes
Change
Tax Assessment
Change
2024
$2,862
21%
$251,015
—
2023
$2,356
100%
$251,015
65%
2023
-100%
$151,821
70%
2021
$1,691
-36%
$89,470
-41%
2022
$2,650
56%
$151,821
77%
2020
$1,698
24%
$85,766
28%
2019
$1,372
—
$67,226
28%
2019
$1,372
36%
$52,640
11%
2017
$1,009
29%
$47,403
29%
2016
$783
79%
$36,630
13%
2014
$437
—
$32,321
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1040 State Hwy 71 E
1040 State Highway 71 E, Bastrop, TX 78602 (MLS# 7416153) is a Commercial property. 1040 State Highway 71 E is currently listed for $1,200,000 and was received on October 17, 2025. Want to learn more about 1040 State Highway 71 E? Do you have questions about finding other Commercial real estate for sale in Bastrop? You can browse all Bastrop real estate or contact a Coldwell Banker agent to request more information.

