126 Adelton Blvd

Bastrop, TX 78602

Listing ID: 316600

$6,975,000

For Sale

Property Type Land : Apartment Land
Lot Size Acres 14.187
Land Sq Ft 617,985
Land Price per Sq Ft $11.29

Property Highlights

• All utilities available and stubbed to site

• Frontage on FM20, Farn Drive, and Vogel Lane

• 6.4 miles from TheBoringCo/SpaceX

• 2 blocks from newest Bastrop ISD's newest elementary school - Adelton Elementary

• No portion of the Property lies within the 100-year floodplain

Description

Located in the Adelton master-planned community in Bastrop, Texas, where there are approvals for over 50 acres of parkland, a robust trail system and 125,000 sf of commercial space within. With frontage along three roads, this approx. 14.187 acre tract is an ideal Multi-Family Development Site only minutes to downtown Bastrop and approximately 30 minutes to downtown Austin. Utilities: Water and Wastewater – West Bastrop Village MUD, Electricity – Bluebonnet Electric, Gas – CenterPoint Energy, Internet – AT&T High-Speed Fiber at 1 GIG speed. No portion of the Property lies within the FEMA 100-year floodplain. Adelton 2024 Tax Rate is $2.55018 per hundred. Priced at $22,500 per unit with a minimum of 310 units.

Attachments & Files

adelton-mf-site-1-2VB-lZn.pdf

Listing Demographics

Information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

		1-Mile	3-Miles	5-Miles
Total Population		1,998	8,083	19,376
Population Median Age		34	40	38
Population by Age	0-9 Yrs	371 (18%)	1054 (13%)	2235 (11%)
	10-19 Yrs	189 (9%)	1091 (13%)	3101 (16%)
	20-29 Yrs	281 (14%)	801 (9%)	2242 (11%)
	30-39 Yrs	381 (19%)	975 (12%)	2467 (12%)
	40-49 Yrs	209 (10%)	1065 (13%)	2644 (13%)
	50-59 Yrs	354 (17%)	1250 (15%)	2687 (13%)
	60-69 Yrs	150 (7%)	941 (11%)	1970 (10%)
	70+ Yrs	63 (3%)	906 (11%)	2029 (10%)

Median HH Income		$55,134	$63,141	$73,919
Total Household Income	< 24K	210 (28%)	744 (23%)	1202 (17%)
	25-49K	145 (19%)	562 (17%)	1238 (17%)
	50-74K	103 (13%)	473 (14%)	1128 (15%)
	75-99K	11 (1%)	138 (4%)	569 (8%)
	100-199K	246 (32%)	960 (30%)	2211 (31%)
	200K+	33 (4%)	290 (9%)	716 (10%)

Highest Education Level	No Diploma	216	1026	2201
	Diploma or GED	440	1738	3965
	Some College	218	905	2409
	Assoc. Degree	45	209	793
	Bachelors Degree	384	1377	2695
	Higher Degree	47	318	911

Total Housing Units		751	3,266	7,536
--Owner-Occupied		547	2,286	5,045
--Renter-Occupied		201	881	2,017
Owner-Occupied Values	< 100K	85	209	609
	100-199K	88	331	956
	200-299K	250	748	1336
	300-399K	94	599	1126
	400-499K	11	130	336
	500K+	20	268	684

Total Working Age Population		1,485	6,346	15,373
In Work Force		968	3,833	9,448
Not In Work Force		517	2,514	5,924
Workforce Employed		964	3,764	9,164
Workforce Unemployed		4	69	284
Civlian Workforce		968	3,833	9,448
Military Workforce		0	0	0

Total Households		749	3,167	7,062
Family Households		581	1,990	4,600
Non-Family Households		168	1,178	2,462
Married Couple		338	1,411	3,409
Other Family		242	579	1,191
Married w/Child		251	746	1,747
Single Male w/Child		0	3	40
Single Female w/Child		56	156	286

Population Change Last Two Decades - Plus Projection

	2000	%	2010	%	2020	%	2030
Texas	20,851,820	+21	25,145,561	+16	29,145,505	+13	32,912,882
Bastrop County	57,733	+28	74,171	+31	97,216	+24	120,901

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While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.