Investment Overview

Bastrop, Texas has emerged as one of Central Texas’ most dynamic growth markets, benefiting from its strategic location southeast of Austin and direct connectivity along State Highway 71. The city’s population reached approximately 13,383 residents in 2025, representing 38.2% growth since 2020, while Bastrop County expanded to approximately 118,908 residents, up 22.3% over the same period. This rapid population growth is supporting sustained demand for housing, retail, dining, services, and infrastructure throughout the region. Bastrop’s economic profile is also being reshaped by substantial corporate and industrial investment. SpaceX/Starlink has established a major presence in the county, including a roughly one-million-square-foot facility and continued expansion associated with hundreds of new jobs and significant capital investment. Other notable projects include LS Electric’s first North American production facility, Acutronic’s planned jet-engine manufacturing operation, and a $1.4 billion data center development in Cedar Creek. These investments are diversifying the employment base and strengthening Bastrop’s position within the broader Austin technology and advanced-manufacturing ecosystem. Commercial development is accelerating alongside job and residential growth. Approximately 500 acres of retail, dining, medical, mixed-use, and related projects are planned within a three-mile stretch of the SH-71 corridor. Major developments include Sendero, a 75-acre mixed-use destination at SH-71 and FM 969, Burleson Crossing East, and Bastrop West. Combined with established regional attractions including Historic Downtown Bastrop, Bastrop State Park, Lake Bastrop, and Hyatt Regency Lost Pines, the area offers a compelling combination of population growth, employment expansion, tourism, and long-term commercial demand.