540 Hwy 71 w - 540 Hwy 71 W 43.1 Acres of Commercial Land in Bastrop, TX 78602

Capital and Land Advisors is pleased to present the opportunity to acquire, in whole or part, a 44.982-acre development parcel located at 540 Highway 71 West, Bastrop, Texas (the “Property”). This offering represents a prime development opportunity in one of the fastest growing corridors in Central Texas. The city of Bastrop is the center of commerce for rapidly growing Bastrop County. The trade area population is approaching 200,000 with 11% growth forecasted by 2030. Economic expansion is being driven by the growing presence of Tesla, SpaceX, The Boring Company, and the established headquarters of X (formerly Twitter). Bastrop’s residential growth is primarily within large single-family subdivisions, including The Colony (4,000 SFHs), Valverde (1,400 SFHs), and Adelton (1,200 SFHs). Due to this recent economic and residential growth, commercial and retail development has yet to catch up with demand. The Property’s frontage on Hwy 71, the primary retail corridor within the Bastrop Trade Area, provides exceptional traffic counts (61,500 vpd) and strong visibility. The soon-to-be-completed extensions of Agnes Street and Orchard Parkway will provide exceptional access to the property from Hwy 71, Hwy 304, and local connector streets. The Property’s PDD overlay aligns with market demand while providing flexibility, specifically allowing commercial, retail, multifamily, and mixed residential land uses. All utilities are adjacent to the site including water & wastewater (City of Bastrop) and electric service (Bluebonnet). The nearby Sendero Mixed Use Development and Burleson East will introduce new retail, dining, hospitality, and residential components, further strengthening the long-term commercial viability of the Hwy 71 corridor. The convergence of an approved PDD, a strategic highway-frontage location, rapid population growth, strong economic drivers, and readily available utilities make this 43.1-acre parcel an ideal candidate for high-value, large-scale Residential and Commercial development.