This opportunity is ideal for residential real estate developers with a focus on build-to-rent projects. Presenting a unique 42-acre tract strategically located between Bastrop and Austin with seamless access from SH 71 and HWY 20. Bastrop, serving as a burgeoning bedroom community of Austin—one of the international epicenters for real estate investment—offers a blend of suburban tranquility and metropolitan convenience. This strategic positioning places the property in the heart of development, encircled by major projects like Hunters Crossing, East Bastrop Village, Pecan Park, the Colony, Veridian, and Adelton, showcasing the region’s transformation into a coveted living destination.

The area’s expansion is underscored by nearby successes such as Tahitian Village, XS Ranch, and Double Eagle Ranch, leveraging Bastrop’s status as an ideal Austin suburb. The proximity to Austin-Bergstrom International Airport, a 25-mins. drive away, enhances the tract’s appeal, offering easy travel connections. Additionally, the vicinity to Tesla’s expanding facilities—currently with a 20,000 employee headcount projected to increase to 50,000—signals significant economic growth and demand for residential spaces. 

The property not only lies among significant developments but also features a preliminary zoning plan for 203 residential lots, perfect for a build-to-rent strategy. Its gently sloping topography and optimal drainage, combined with ready utilities—electricity, water, and waste services—streamline the development process. This tract, unmatched in potential with 3-phase electricity on the horizon, stands as the region’s best large-scale development opportunity. 

The convenient location offers 20-minute access to Austin, an international epicenter for real estate investors, via new toll roads. Business-friendly Bastrop is 20 miles from the Austin Airport and F1/Circuit of the Americas. It is home to innovative entities like the Boring Company, SpaceX, Compassionate Cultivation, the Art Institute of Austin, Moca Ventures, and Bastrop 552. 

This blend of strategic location, essential amenities, and proven developmental potential makes 151 FM 20 an ideal investment opportunity for build-to-rent developers who are ready to capitalize on one of the United States’ fastest growing real estate markets.

Other Nearby Developments

• The Colony: 2,300 acres, 1,500 lots

• Viridian: 400 acres

• Adelton: 125,000 sq ft retail, 1200 lots

• East Bastrop Village: 392 acres

• Hunter’s Crossing: 490 lots

• Pecan Park: 1,214 lots

• XS Ranch: 8,500 acres, 10,000 lots

• Tahitian Village: 7,000 lots