2540 FM 20
Red Rock, TX 78662
$729,977
4,800 sqft
Description
20 ACRES + INCOME + COMMERCIAL FRONTAGE NOW $729,000 Recently reduced by $70,000 from $799,000, this income-producing 20-acre property offers immediate cash flow with major upside potential along the rapidly growing FM 20 corridor in Central Texas. The property includes two parcels with four manufactured homes and multiple rentable units currently generating approximately $9,500/month, with projected upside to $12,000–$13,000+ at full occupancy. With high-visibility FM 20 frontage, existing utilities, and prior commercial use as a food truck and auto sales site, the property is well-positioned for RV spaces, mobile home expansion, contractor yard, retail frontage, equipment storage, food truck park, or mixed-use redevelopment. Located near Austin, Bastrop, and Lockhart, this corridor continues to experience strong residential and commercial growth, making large tracts with existing income increasingly difficult to find. Ideal for investors, developers, or entrepreneurs looking for acreage, cash flow, and long-term appreciation in one asset.
Location
Schools
| School Name | Grades | Admission |
|---|---|---|
| Red Rock Elementary School | PK - 5 | Regular |
| Riverside Middle School | 6 - 7 | Regular |
| Creekside Middle School | 6 - 7 | Regular |
| Bastrop Middle School | 7 - 8 | Regular |
| Cedar Creek Middle School | 7 - 8 | Regular |
| Cedar Creek High School | 9 - 12 | Regular |
| 6 Schools | ||
*All school information should be verified by local Independent School District.
* Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer.
The information contained herein is furnished by the owner to the best of his/her knowledge, but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.