Bastrop, LA High Cap Rate Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Bastrop, Louisiana Market population: 7K. Browse multifamily, office, retail, industrial, and mixed-use investment opportunities....
Advertisement
12 properties found
Investor Pitch Deck
Don’t just search properties. See why investors choose REI Capital.
Before you compare every deal alone, download the REI Capital investment pitch and see our growth story, strategy, and next-step materials.
⭐ Featured
Strategic Oakland Investment: 5476 Vicente Way in High-Demand 94609 Zip Code
$1,200,000
Oakland
Multifamily
Cap Rate
2.70%
NOI
$32,400
Size
1,800 SF
📊 Avg Property Tax Rate For Bastrop TX Properties: 1.3300%
⭐ Featured
High-Cap-Rate Value-Add Multifamily Investment in Oakland
$2,299,999
Oakland
Multifamily
Cap Rate
7.97%
NOI
$183,323
Size
6,104 SF
Investor Questions For Bastrop TX
Common questions from investors exploring commercial real estate in Bastrop TX.
What's the overall investment potential of Bastrop, TX?
+
Bastrop, TX offers a stable investment market with a median household income of $48,486, a relatively low poverty rate of 10.1%, and a high health insurance coverage rate of 88.0%, indicating a reliable tenant base. The top industries, including Public Administration and Professional Services, contribute to a diverse economy. With a median property value of $141,500 and median property taxes of $1,601, investors can expect a balanced return on investment.
How does the local economy impact real estate investment in Bastrop?
+
The local economy in Bastrop, driven by top industries such as Public Administration, Professional Services, and Transportation, supports a median household income of $48,486 and an employed population of 3,260. This, combined with a poverty rate of 10.1% and a foreign-born rate of 13.4%, suggests a diverse and relatively stable workforce, making it an attractive location for real estate investment. The GINI coefficient of 0.452 indicates a moderate level of income inequality, which can impact rental yields.
What's the quality of life like for residents and tenants in Bastrop?
+
Bastrop offers a relatively high quality of life, with an average commute time of 30.6 minutes and a high health insurance coverage rate of 88.0%, indicating access to employment opportunities and healthcare. The top commute methods, including driving alone and carpooling, suggest a convenient transportation network. With a median age of 41.1 and a diverse population, including White, White Non-Hispanic, and Hispanic communities, Bastrop provides a stable and attractive environment for residents and tenants.
How does the ethnic diversity and industry mix impact market demand in Bastrop?
+
The ethnic diversity in Bastrop, with top ethnicities including White, White Non-Hispanic, and Hispanic populations, contributes to a vibrant and inclusive community. The industry mix, featuring Public Administration, Professional Services, and Transportation, supports a diverse economy and attracts a wide range of professionals and families. This diversity can drive market demand, particularly in the rental sector, as tenants seek affordable and convenient housing options. With a homeownership rate of 55.4%, there is also potential for buy-to-let investments.
What are the key factors to consider when evaluating rental yields in Bastrop?
+
When evaluating rental yields in Bastrop, consider the median property value of $141,500, median property taxes of $1,601, and the relatively low poverty rate of 10.1%. The high health insurance coverage rate of 88.0% and average commute time of 30.6 minutes also indicate a reliable and employed tenant base. Additionally, the top industries and ethnic diversity in Bastrop contribute to a stable and growing economy, which can support rental income and long-term property appreciation.
Bastrop TX Real Estate & City Facts
Key facts and real estate information about Bastrop TX.
What are some of the best neighborhoods to live in Bastrop?
+
Some of the best neighborhoods to live in Bastrop include Red Rock, Circle D-KC Keller Farms, and Riverside Grove. These neighborhoods offer a peaceful and quiet environment, with plenty of trees and trails to explore. According to Nextdoor, Red Rock is a popular choice among locals, known for its natural beauty and abundance of outdoor activities.
What are some fun things to do in Bastrop?
+
There are plenty of fun things to do in Bastrop, including visiting the Bastrop State Park, exploring the Main Street Historic District, and checking out the local art scene at the Lost Pines Art Center. You can also hike at McKinney Roughs Nature Park or take a stroll along the Colorado River Refuge. For a more relaxing experience, visit the Hyatt Regency Lost Pines Resort and Spa.
What is the food scene like in Bastrop?
+
The food scene in Bastrop is welcoming and satisfying, with a variety of restaurants to choose from. Some popular spots include Maxine's, Neighbor's Kitchen and Yard, and Roadhouse. You can also find great Mexican food at Casa Chapala or try some chain restaurants like Chili's or First Watch. There are also plenty of great food trucks and local eateries to explore.
What are the pros and cons of living in Bastrop?
+
The pros of living in Bastrop include its natural beauty, with plenty of outdoor activities to enjoy, a growing food scene, and a small-town feel with a strong sense of community. However, some cons include the town's limited job opportunities and a relatively high poverty rate. Additionally, the town's popularity with tourists can sometimes make it feel crowded and busy.
Is Bastrop a good place to live?
+
Overall, Bastrop is a great place to live for those who value a small-town feel and easy access to outdoor activities. While it may have some drawbacks, the town's natural beauty, growing food scene, and strong sense of community make it an attractive choice for many. According to Niche, Bastrop is rated as one of the best places to live in Bastrop County, with a rating of 3.84 out of 5 stars.
⭐ Featured
Prime Oakland Multifamily Investment: 6-Unit Apartment Building with 7.97% Cap Rate in Temescal
$2,299,999
Oakland
Apartment Building
Cap Rate
7.97%
NOI
$183,300
Size
0 SF
📊 Average Income For Bastrop TX Commercial Property: $48,486
Advertisement
⭐ Featured
Prime Oakland Multifamily Investment: 6-Unit Property with 7.97% Cap Rate in Temescal
$2,299,999
Oakland
Multifamily
Cap Rate
7.97%
NOI
$183,324
Size
0 SF
⭐ Featured
Prime 18-Unit Multifamily Investment in Central City, CO - 5.70% Cap Rate
$5,800,000
Central City
Multifamily
Cap Rate
5.70%
NOI
$330,380
Size
13,454 SF
⭐ Featured
New Construction 18-Unit Multifamily Asset in Central City, CO - 5.70% Cap Rate
$5,800,000
Central City
Multifamily
Cap Rate
5.70%
NOI
$330,380
Size
13,454 SF
⭐ Featured
New Construction 18-Unit Multifamily Asset in Central City, CO - 5.70% Cap Rate
$5,800,000
Central City
Multifamily
Cap Rate
5.70%
NOI
$330,380
Size
13,454 SF
Advertisement
⭐ Featured
Prime Value-Add Opportunity: 8-Unit Multifamily Asset in San Fernando, CA
$1,750,000
San Fernando
Multifamily
Cap Rate
6.66%
NOI
$116,550
Size
5,040 SF
⭐ Featured
Prime Valley Village Multifamily: 48-Unit Modern Apartment Complex with 3.39% Cap Rate
$30,000,000
Valley Village
Multifamily
Cap Rate
3.39%
NOI
$1,017,000
Size
52,393 SF
⭐ Featured
Prime San Fernando Multifamily: 5-Unit Value-Add Opportunity with 7.76% Cap Rate
$1,275,000
San Fernando
Multifamily
Cap Rate
7.76%
NOI
$98,945
Size
10,888 SF
⭐ Featured
Prime Turnkey Investment: Modern 2022 Multifamily Condo in Miami's High-Growth 33127
$2,450,000
Miami
Multifamily (Condo)
Cap Rate
%
NOI
$0
Size
30,000 SF
Advertisement
⭐ Featured
Prime Investment Opportunity: 1531 Green St, Philadelphia, PA - Value-Add Multifamily Asset
$1,375,000
Philadelphia
Multifamily
Cap Rate
%
NOI
$0
Size
6,624 SF
Advertisement