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Property Description
Whispering Pines Residential Community presents a rare opportunity to acquire a cash-flowing, income-producing property on ±5.33 acres with prominent frontage along State Hwy 71 in Bastrop County, Texas (outside city limits). The property is strategically located at the corner of Hwy 71 and Pine Hill Loop, offering excellent visibility, access, and proximity to residential and commercial growth near Tahitian Village and Bastrop State Park. The site is improved with a diversified mix of housing, including a 6-plex apartment building, 10 permanent modular homes (anchored), and approximately 12 RV pads, generating consistent rental income. Tenants pay their own utilities, and the property benefits from on-site management presence. Seller reports strong in-place income with upside through rent optimization and expansion (buyer to verify). Utilities include commercial water service through Aqua Water Supply Corporation and multiple county-permitted commercial septic systems. The land is mostly level with mature trees, no known floodplain, no surface water, and no transmission lines on site. The property is reported to be within an Opportunity Zone, potentially offering favorable tax treatment (buyer to independently verify eligibility and benefits). With approximately 251 feet of highway frontage, the property offers future value-add and development potential, subject to approvals, including additional manufactured or tiny homes, RV pads, food trailers, and signage revenue along Hwy 71. Adjacent retail, gas, and commercial uses further enhance long-term demand and visibility. Offered for sale AS-IS, WHERE-IS. No zoning, use, income, or development representations are made. Buyer to independently verify all information, utilities, permits, zoning, floodplain status, and development potential. Ideal for investors seeking stabilized income with upside, or developers targeting a well-located infill tract in one of Bastrop County's fastest-growing corridors.
Full Property Details
Full Property Details for 828 Hwy 71 E
General
- Price: $4,999,000
- Taxes: $11,819 (2024)
- Status: Active
- Type: Commercial Multi-Family
- Source: Austin_MLS
- MLS ID: 6555393
- Updated: 1/26/2026
- Added to Site: 6 day(s) ago
Rental Information
- Lease Info: See Remarks
Interior
- Flooring: Carpet, Laminate
Additional Information
- Security/Safety: None
- Equipment: None
Parking
- Total Spaces: 40
- Parking Features: Assigned, Common, Direct Access, Open, RV Access/Parking
Location
- Area: BA
- County: Bastrop
- Subdivision: Synergy Centre
- Driving Directions: Head East on State Hwy 71 E. Use the 2nd from the left lane to take the ramp to Houston. Use the left lane to merge onto State Hwy 71 E. Keep left to stay on State Hwy 71 E. Sharp left onto State Hwy 71 W/State Hwy 95 N. Turn right. Destination will be on the right.
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Varies by Unit, Wall/Window Unit(s)
- Heating Type: Central, Varies by Unit
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Connected, Sewer Connected, Water Connected
Structural Information
- # Buildings: 29
- Detached/Attached: Detached
- Construction: Brick
- Square Feet: 19,800
- Sq. Ft. Source: Public Records
- Current Bldg. Use: Investment, Manufactured Home, Multi-Family, Mixed Use
- Year Built: 1995
- Year Built Source: Public Records
- Property Condition: Resale
Additional Structures
- Other Structures: Mobile Home, RV/Boat Storage
Lot Features
- Lot Size (Acres): 5.331
- Lot Size (Sq. Ft.): 232,218.36
Financial Considerations
- Operating Expenses: $59,467
- Assessment Amount: $752,518
- Tax Amount: $11,819.42
- Tax Year: 2024
- Terms: See Remarks
Disclosures and Reports
- Special Conditions: Standard
- Documents Avail.: See Remarks
- Legal Description: SYNERGY CENTRE, LOT 1, ACRES 5.331 (6 MH - SEE MH DETAILS FOR LN/SN)
- Disclosures/Reports: See Remarks
- Property ID: 76458
- Lot Number: 1
Listed by Full Circle Re
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Schools
Schools serving 828 Hwy 71 E
School District:Bastrop Independent School District
| Name | Grades | Distance |
|---|---|---|
Emile Elementary School 601 Mlk, Bastrop, TX 78602 | PK-5 | 3 mi |
Bastrop High School 1614 Chambers Street, Bastrop, TX 78602 | 9-12 | 3.4 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 828 Hwy 71 E
Date
Details
Price
Change
Source
1/25/2026
Listed
$4,999,000
—
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 828 Hwy 71 E
Year
Property Taxes
Change
Tax Assessment
Change
2024
$11,819
1%
$752,518
—
2023
$11,677
100%
$752,518
—
2022
100%
$752,518
4%
2022
100%
$726,075
19%
2020
-100%
$609,872
—
2020
$12,072
-3%
$609,872
—
2019
$12,447
-4%
$609,872
—
2017
$12,986
-7%
$609,872
-6%
2016
$13,902
6%
$650,057
7%
2014
$13,130
—
$605,061
—
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 828 Hwy 71 E
828 Highway 71 E, Bastrop, TX 78602 (MLS# 6555393) is a Commercial Multi-Family property. 828 Highway 71 E is currently listed for $4,999,000 and was received on January 25, 2026. Want to learn more about 828 Highway 71 E? Do you have questions about finding other Commercial Multi-Family real estate for sale in Bastrop? You can browse all Bastrop real estate or contact a Coldwell Banker agent to request more information.

