1002 Chestnut ST, Bastrop TX 78602

Bastrop, TX 78602 | Building Blk

Ed's Opinion of Value

$293,181 Ed's Estimate: $398,978 $550,000
Lowest Comp Recommended List: $259,000 to $269,000 Highest Comp
Based on what similar homes have actually sold for within a mile, I'd place this property's value at $398,978. I'd recommend coming to market at $259,000 to $269,000 to strike the right balance between value and market velocity. Among the similar homes currently available in BUILDING BLK, this price point stands out as competitive. At 329 sqft larger than the typical comp, the size difference factors into the valuation. Built in 1905, this home is 63 years older than the average comp, which is reflected in the adjustments. Right now, 7 similar properties are competing for buyers in BUILDING BLK, listed between $310,000 and $585,000. The trend in 78602 shows prices have risen 0.2% in the past 6 months. 1809 Wilson ST, Bastrop TX 78602 nearby adjusts to $443,892; with a smaller floor plan. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group
0 Beds
0 Baths 1 Full, 2 Half
2,645 Sq Ft
0.232 Acres
1905 Built

About This Property

**PRICE IMPROVEMENT*** Take advantage of this new price for a prime investment property in the heart of downtown Bastrop. Great opportunity for investors or business owners looking to maximize rental income potential!

INVESTOR'S DREAM IN HISTORIC DOWNTOWN BASTROP! Discover a rare opportunity to own a piece of history with this charming home, ideally located within walking distance to the vibrant heart of downtown Bastrop, Texas. Listed on the National Registry of Historic Places as the Dawson House, this stately residence exudes timeless charm and impeccable craftsmanship, from its ornate woodwork to elegant finishes.

Zoned Core P5 and featuring 12 parking spaces, this property offers versatile use options. Property is fully leased with 4 commercial tenants, providing immediate cash flow from day one.

This property uniquely blends residential comfort with significant income potential. Don't miss out on this prime investment opportunity in the heart of downtown Bastrop.

Features

  • Ceiling Fan(s)
  • Crown Molding
  • Entrance Foyer
  • French Doors
  • Multiple Living Areas
  • Natural Woodwork
  • Pantry
  • Primary Bedroom on Main

Location

Schools

School District Bastrop ISD
Elementary Mina
Middle School Bastrop
High School Bastrop

Property Details

Property Type Commercial Sale
Flooring Wood
Cooling Ceiling Fan(s), Central Air, Wall/Window Unit(s), Other
Heating Central
Exterior Exterior Steps
County Bastrop
MLS # 6203374

Listing History

MLS# 6203374 120 days
Jan 3, 2025 Off Market
Dec 3, 2024 Price Change $599,500
Aug 22, 2024 Listed $698,000

Frequently Asked Questions About 1002 Chestnut ST, Bastrop TX 78602

When was 1002 Chestnut ST, Bastrop TX 78602 built?

1002 Chestnut ST, Bastrop TX 78602 was built in 1905.

How much does 1002 Chestnut ST, Bastrop TX 78602 cost?

1002 Chestnut ST, Bastrop TX 78602 sold on January 3, 2025. Contact us for sale price details.

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