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$1,190,000 Just Listed
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Property Description
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.
Full Property Details
Full Property Details for 1045 W Sh 71 Hwy
General
- Price: $1,190,000
- Taxes: (2026)
- Status: Active
- Type: Lots/Land
- Source: Austin_MLS
- MLS ID: 1358188
- Updated: 9/25/2026
- Added to Site: 5 day(s) ago
Additional Information
- Shared Amenities: None
Location
- Area: BA
- County: Bastrop
- Subdivision: Suburbia Estates
- Driving Directions: Directions from Austin: Take TX-71 E toward Bastrop. Continue past the main Bastrop exits and take the appropriate turnaround to access the Hwy 71 eastbound frontage/access road. The property is located directly on the Hwy 71 entrance/frontage road at 1045 Hwy 71.
School Information
- Elem School District: Bastrop ISD
- Midd School District: Bastrop ISD
- High School District: Bastrop ISD
- Elementary School: Cedar Creek
- Middle School: Cedar Creek
- High School: Bastrop
Utilities
- Sewer: Septic Tank
- Water: Public
- Utility Description: Electricity Connected, Water Connected
Structural Information
- Detached/Attached: Detached
Additional Structures
- Other Structures: Workshop
Lot Features
- Property View: City
- Lot Size (Acres): 7.01
- Lot Size (Sq. Ft.): 305,355.6
- Lot Features: Front Yard, Level, Moderate Trees, Views
Financial Considerations
- Assessment Amount: $1,016,444
- Tax Year: 2026
- Terms: Cash, Conventional
Disclosures and Reports
- Special Conditions: Standard
- Documents Avail.: Aerial
- Legal Description: SUBURBIA ESTATES, LOT 31 & 32, ACRES 7.0120
- Disclosures/Reports: Seller Disclosure
- Property ID: 47528
Listed by Venture Partners R.E.
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Schools
Schools serving 1045 W Sh 71 Hwy
School District:Bastrop Independent School District
| Name | Grades | Distance |
|---|---|---|
Bastrop Middle School 725 Old Austin Highway, Bastrop, TX 78602 | 7-8 | 3.3 mi |
Bastrop High School 1614 Chambers Street, Bastrop, TX 78602 | 9-12 | 5.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1045 W Sh 71 Hwy
Date
Details
Price
Change
Source
9/25/2026
Listed
$1,190,000
—
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 1045 W Sh 71 Hwy
Year
Property Taxes
Change
Tax Assessment
Change
2025
$9,213
6%
$986,877
-9%
2023
$8,722
100%
$1,080,441
—
2023
-100%
$1,082,074
5%
2022
$11,710
-6%
$1,033,729
7%
2021
$12,484
9%
$965,665
58%
2020
$11,500
-1%
$612,982
-1%
2019
$11,626
—
$617,648
4%
2019
$11,626
-1%
$595,693
-3%
2017
$11,715
2%
$611,236
5%
2016
$11,511
-1%
$579,989
3%
2014
$11,614
—
$564,688
—
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 1045 W Sh 71 Hwy
1045 W Sh 71 Highway, Bastrop, TX 78602 (MLS# 1358188) is a Lots/Land property with a lot size of 7.01 acres. 1045 W Sh 71 Highway is currently listed for $1,190,000 and was received on September 25, 2026. Want to learn more about 1045 W Sh 71 Highway? Do you have questions about finding other Lots/Land real estate for sale in Bastrop? You can browse all Bastrop real estate or contact a Coldwell Banker agent to request more information.

