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1880 Fm 20

Red Rock, TX 78662
  • $995,000
  • STATUS: Active
  • MLS #: 1597338
UPDATED: 43 min ago
$995,000
  • 0
    BEDS
  • 15.35
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,358
    SQFT
  • $733
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1956
County:
Area:

School Information

Elementary School:
Middle School:
High School:
School District:
Property listed by Kreshnik Shehu of All City Real Estate Ltd. Co: (512) 412-2331.

Description

This unique income-generating property presents an exceptional investment opportunity with historically low vacancy rates for both its RV park and duplex units. The property is strategically positioned with 450 feet of frontage on HWY 20, offering excellent visibility and accessibility. The duplex, originally a farmhouse, has been meticulously converted and extensively renovated. One side is currently leased for $1,042.50 per month with a lease ending on July 31st, 2024. The other unit is currently utilized by the owner. The RV park comprises eight spacious spaces and all currently leased. Each equipped with 20, 30, and 50 amp metered service, septic hookups, and metered water. Additionally, there is a separate aerobic septic system dedicated to the RV park for efficient waste management. The property also includes a laundromat with coin-operated Maytag washer and dryer, providing an added convenience for tenants and visitors. A 40' x 60' steel barn with a 20' x 40' slab, electric, and water connections offers ample storage space, with two framed tool sheds (8' x 12' and 8' x 16') inside the barn. The property is fenced on three sides, providing security and privacy. A new conventional septic system was installed for the duplex in 2022, ensuring modern and efficient waste management. The topography and elevations of the property suggest potential for additional commercial or residential development, making it an ideal investment for those looking to expand or diversify their portfolio. With its prime location, extensive amenities, and potential for growth, this income-generating property is a rare find and a solid investment opportunity.

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© 2024 Austin Board of REALTORS® (alternatively, from ACTRIS). All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied.The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2024-07-21T00:02:56.113.

MLS Grid  logoBased on information submitted to the MLS GRID as of 2024-07-21T00:02:56.113 (date and time MLS GRID Data was obtained). All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Click here for MLS GRID DMCA Notice
www.bellcounty.realestate/homes/148215252
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1880 Fm 20 Red Rock, TX 78662

  • Price: $995,000
  • Status: Active
  • On Site: Days
  • Updated: 43 min ago
  • MLS #: 1597338
0
Beds
0
Baths
0
½ Baths
15.35
Acres
1,358
SQFT
$733
$/SQFT
1956
Built
Neighborhood:
Lentz, Jacob G
County:
Bastrop
Area:
Red Rock
Elementary School:
Red Rock
Middle School:
Cedar Creek
High School:
Cedar Creek
School District:
Bastrop ISD
Property Description
This unique income-generating property presents an exceptional investment opportunity with historically low vacancy rates for both its RV park and duplex units. The property is strategically positioned with 450 feet of frontage on HWY 20, offering excellent visibility and accessibility. The duplex, originally a farmhouse, has been meticulously converted and extensively renovated. One side is currently leased for $1,042.50 per month with a lease ending on July 31st, 2024. The other unit is currently utilized by the owner. The RV park comprises eight spacious spaces and all currently leased. Each equipped with 20, 30, and 50 amp metered service, septic hookups, and metered water. Additionally, there is a separate aerobic septic system dedicated to the RV park for efficient waste management. The property also includes a laundromat with coin-operated Maytag washer and dryer, providing an added convenience for tenants and visitors. A 40' x 60' steel barn with a 20' x 40' slab, electric, and water connections offers ample storage space, with two framed tool sheds (8' x 12' and 8' x 16') inside the barn. The property is fenced on three sides, providing security and privacy. A new conventional septic system was installed for the duplex in 2022, ensuring modern and efficient waste management. The topography and elevations of the property suggest potential for additional commercial or residential development, making it an ideal investment for those looking to expand or diversify their portfolio. With its prime location, extensive amenities, and potential for growth, this income-generating property is a rare find and a solid investment opportunity.
Exterior Features

Attached Garage YN No Covered Spaces 0 Direction Faces East Exterior Features See Remarks Fencing Cross FencedPerimeter Foundation Details Pillar/Post/Pier Garage YN No Levels One Lot Features See Remarks Other Structures See Remarks Parking Features RV Access/ParkingSee Remarks Patio And Porch Features None Roof Metal View PastureTrees/Woods Waterfront Features Pond Waterfront YN No

Interior Features

Appliances DishwasherMicrowaveFree-Standing Electric RangeWasher/Dryer Stacked Cooling Wall/Window Unit(s) Fireplaces Total 0 Flooring Laminate Heating Space Heater Interior Features See Remarks Laundry Location Common AreaIn UnitInside Unit Room Type BedroomBathroomKitchen Window Features Vinyl Windows

Property Features

Accessibility Features See Remarks Association YN No Community Features Common GroundsLaundry Facility(s)See Remarks Estimated Taxes 8182.46 Fema Flood Plain No Horse YN No Listing Terms CashConventional New Construction YN No Pets Allowed Negotiable Property Condition Resale Property Sub Type Duplex Sewer Septic Tank Special Listing Conditions Standard Tax Annual Amount 3046.22 Utilities Above Ground Water Source Public



© 2024 Austin Board of REALTORS® (alternatively, from ACTRIS). All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied.The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2024-07-21T00:02:56.113.

MLS Grid  logoBased on information submitted to the MLS GRID as of 2024-07-21T00:02:56.113 (date and time MLS GRID Data was obtained). All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Click here for MLS GRID DMCA Notice
 
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Brautigan Realty
11725 W. Adams, Suite D
Belton TX, 76513
Property listed by Kreshnik Shehu of All City Real Estate Ltd. Co: (512) 412-2331.