Date
Details
Price
Change
Source
5/22/2026
Listed
$729,977
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/38
$729,977 Just Listed
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/38
Property Description
20 ACRES + INCOME + COMMERCIAL FRONTAGE | NOW $729,000 Recently reduced by $70,000 from $799,000, this income-producing 20-acre property offers immediate cash flow with major upside potential along the rapidly growing FM 20 corridor in Central Texas. The property includes two parcels with four manufactured homes and multiple rentable units currently generating approximately $9,500/month, with projected upside to $12,000-$13,000+ at full occupancy. With high-visibility FM 20 frontage, existing utilities, and prior commercial use as a food truck and auto sales site, the property is well-positioned for RV spaces, mobile home expansion, contractor yard, retail frontage, equipment storage, food truck park, or mixed-use redevelopment. Located near Austin, Bastrop, and Lockhart, this corridor continues to experience strong residential and commercial growth, making large tracts with existing income increasingly difficult to find. Ideal for investors, developers, or entrepreneurs looking for acreage, cash flow, and long-term appreciation in one asset.
Full Property Details
Full Property Details for 2540 FM 20
General
- Price: $729,977
- Taxes: (2025)
- Status: Active
- Type: Commercial
- Source: Austin_MLS
- MLS ID: 1261878
- Updated: 5/22/2026
- Added to Site: 1 day(s) ago
Rental Information
- Lease Info: Full Service
Interior
- Flooring: Tile, Vinyl
Additional Information
- Security/Safety: Security System
- Equipment: None
Parking
- Total Spaces: 20
- Parking Features: Additional Parking, Gated
Location
- Area: BA
- County: Bastrop
- Subdivision: N/A
- Driving Directions: From Bastrop, take TX-71 E toward Smithville. Turn right onto FM 20 S toward Red Rock. Continue approximately 10 miles — property will be on the right. Look for sign.
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Wall/Window Unit(s)
- Heating Type: See Remarks
Utilities
- Sewer: Septic Tank
- Water: Well
- Well: Yes
- Utility Description: Electricity Connected, Water Connected
Structural Information
- # Buildings: 4
- Detached/Attached: Detached
- Construction: Cement Siding
- Square Feet: 4,800
- Sq. Ft. Source: Estimated
- Current Bldg. Use: Multi-Family, Mixed Use
- Year Built: 2023
- Year Built Source: Public Records
- Property Condition: Resale
Additional Structures
- Other Structures: Mobile Home, Shed(s)
Lot Features
- Lot Size (Acres): 20.115
- Lot Size (Sq. Ft.): 876,209.4
Financial Considerations
- Operating Expenses: $2,690
- Assessment Amount: $583,693
- Tax Year: 2025
- Terms: Cash, Conventional, FHA, See Remarks
Disclosures and Reports
- Special Conditions: Standard
- Multiple Parcels: Yes
- Legal Description: BS A77 ADAIR, JOSEPH, TRACT 10, ACRES 10.0420 and ABS A77 ADAIR, JOSEPH, TRACT 9 , ACRES 10.073
- Disclosures/Reports: None
- Property ID: R22316
Listed by Realty of America, LLC
We Value Your Privacy
We Value Your Privacy
We Value Your Privacy
Or call us at (800) 531-7667
Listing agent
— 2540 FM 20 —
Realty of America, LLC
(512) 788-9495
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 2540 FM 20
School District:Bastrop Independent School District
| Name | Grades | Distance |
|---|---|---|
Red Rock Elementary School 2401 Fm 20, Red Rock, TX 78662 | PK-5 | 0.7 mi |
Cedar Creek Middle School 125 Voss Parkway, Cedar Creek, TX 78612 | 7-8 | 9.7 mi |
Cedar Creek High School 793 Union Chapel Road, Cedar Creek, TX 78612 | 9-12 | 12.5 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 2540 FM 20
Estimate the Cost
Estimate the Cost for 2540 FM 20
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
2540 Fm 20, Red Rock, TX 78662 (MLS# 1261878) is a Commercial property. 2540 Fm 20 is currently listed for $729,977 and was received on May 22, 2026. Want to learn more about 2540 Fm 20? Do you have questions about finding other Commercial real estate for sale in Red Rock? You can browse all Red Rock real estate or contact a Coldwell Banker agent to request more information.