2540 FM 20 Red Rock, TX 78662 Active

UPDATED: 06/02/2026 09:36 PM ON MARKET: 15 days on market

$729,977

4,800 SqFt

Key Details

Property Type Multi-Family, Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,800 sqft

Price per Sqft $152

MLS Listing ID 1261878

Year Built 2023

Tax Year 2025

Lot Size 20.115 Acres

Acres 20.115

Property Sub-Type Multi Family

Source actris

Property 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.

Based on information from Unlock MLS (alternatively, from ACTRIS) for the period through 06/06/2026. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided “AS IS” and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.
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Data last updated: 06/06/2026 00:32