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1880 Farm To Market Rd 20

Red Rock, TX 78662

2 beds
2 baths
1,358 sqft
~15 acre lot
$846 per sqft
1956 build
– on site

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.

Listing courtesy of ABOR / Kreshnik Shehu / All City Real Estate Ltd. Co

Last checked: Checking… • Last updated Mar 27, 2024 •

MLS# 6653358 —

The Building

Year Built:

1956
New Construction:

false
Levels:

One
Foundation:

Pillar/Post/Pier
Roof:

Metal
Exterior Features:

See Remarks
Window Features:

Vinyl Windows
Patio And Porch Features:

None
Accessibility Features:

See Remarks
Direction Faces:

East

Interior

Interior Features:

Primary Bedroom on Main
Living:

1
Dining:

1
Flooring:

Laminate
Laundry Location:

Common Area

Room Dimensions

Living Area:

1358
Living Area Source:

Public Records

Location

Directions:

East on Highway 71, take Exit for Highway 20 South, approximately 9 miles the property will be to the right.
Latitude:

29.995904
Longitude:

-97.437946

The Property

Property Type:

Residential
Subtype:

See Remarks
Property Condition:

Resale
Parcel Number:

60999.
Lot Features:

See Remarks
Lot Size Acres:

15.354
Lot Size Area:

15 Sqft
Lot Size SqFt:

668820.24
SqFt Total:

1358
View:

Pasture
Waterfront:

false
Waterfront Features:

Pond
Horse:

true
Fencing:

Cross Fenced
Other Structures:

See Remarks
FEMA Flood Plain:

No

Listing Agent

Contact info:

Taxes

Tax Annual Amount:

3046.22

Beds

Bedrooms Total:

2
Main Level Bedrooms:

2

Baths

Total Baths:

2
Total Baths:

2
Full Baths:

2

The Listing

Special Listing Conditions:

Standard
Buyer Brokerage Compensation:

3.000%

Heating & Cooling

Heating:

Space Heater
Cooling:

Wall/Window Unit(s)

Utilities

Utilities:

Above Ground
Sewer:

Septic Tank
Water Source:

Public

Appliances

Appliances:

Dishwasher

Schools

Elementary School:

Red Rock
Elementary School District:

Bastrop ISD
Middle Or Junior School:

Cedar Creek
Middle Or Junior School District:

Bastrop ISD
High School:

Cedar Creek
High School District:

Bastrop ISD

The Community

Subdivision Name:

Lentz, Jacob G
Community Features:

Common Grounds
Pool Private:

true
Association:

false

Parking

Parking Features:

RV Access/Parking
Garage:

false
Attached Garage:

false

Extra Units

Additional Parcels:

false

Monthly cost estimate

Asking price

$1,150,000

Expense	Monthly cost
Mortgage	$6,157
Taxes	$253
Insurance	$316
Utilities	$175 See report
Total	$6,901/mo.^*
	^*This is an estimate

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Bike Score®

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Air Pollution Index

Provided by ClearlyEnergy

Sale history

Date	Event	Source	Price	% Change
3/8/24 Mar 8, 2024	Listed / Active	ABOR	$1,150,000

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This house located in TX 78662 is currently for sale for $1,150,000. 1880 Farm To Market Rd 20 is a 1,358 square foot house with 2 beds and 2 baths that has been on Estately for 50 days. This house is in the attendance area of Red Rock Elementary School, Cedar Creek Intermediate School, Cedar Creek Middle School, and Cedar Creek High School.

Based on information from the Austin Board of REALTORS® and ACTRIS 2024. 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.