Lovers Lane, Bastrop, TX
Others for Sale - $2,800,000 - 13 acres
Agent Info
Andrew Phillips CENTURY 21 Randall Morris & Associates |
Property Info
CIMLS# | 1145829 |
Location Lovers Lane Bastrop TX 78602 | |
Updated | February 23rd, 2024 |
Type | Others |
Price | $2,800,000 |
Land | 13 acres |
Property Description
Situated inside the city limits of Bastrop, Texas at Highway 71 and Lover’s Lane, this 13.68-acre tract is positioned in an optimal location for development. With roughly 1,400’ of frontage along Lover’s Lane and within walking distance of the historic downtown district, the property offers a blank slate for a mixed-use development to compliment the needs of the existing and pending developments along the property’s thoroughfare. City utilities including: 12” sewer line, 8” water main, and 3 phase power available at the property.
City of Bastrop, Bastrop County Precinct #1, the EDC, and the State of Texas are currently working to expand Lover’s Lane to a four-lane road which will go from Hwy 21 (Hwy 71), over the Colorado River, to State Hwy 304. This will relieve the traffic on Hwy 304, downtown Bastrop, and Hwy 95. This will also provide alternative routes for the residents of this area to move about the area.
The Lover’s Lane property is located just south of the Bastrop’s downtown district. It is a short, 15-minute walk from Lover’s Lane to the center of downtown Main St. The City of Bastrop has created new rules for green space and walkability of the city. Currently, the City of Bastrop is completing the downtown city sidewalks and connecting them to the riverwalk system which goes from Fisherman’s Park (On the River behind Main Street) down to Hwy 21 (also known as Hwy 71).
The subject property is positioned just to the east of the Colorado River and very near the future “Green Belt/ Riverwalk” project by the City of Bastrop. It is located just north of multiple subdivisions and acts as the sole exit for thousands of residents as well as the new film studio, Bastrop 552.