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Bastrop,TX 78602
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 4,400 sqft
Price per Sqft $1,500
Subdivision Rousseau, Mozea
MLS Listing ID 9695497
Bedrooms 5
Full Baths 4
Half Baths 1
HOA Y/N No
Year Built 2019
Tax Year 2025
Lot Size 221.962 Acres
Acres 221.962
Property Sub-Type Single Family Residence
Source actris
Property Description
Income-Producing Ranch Portfolio in Bastrop, Texas! This stunning 221-acre ranch offers a rare chance to acquire a turnkey, income-producing portfolio in one of Central Texas's fastest-growing markets. The property combines residential rental income, hay production, and land value growth in a location just minutes from downtown Bastrop and an easy drive to Austin. The portfolio includes 12 rental-ready homes to include: a barn, a 4,000 sq ft main residence (estimated rent $3,500/month), a guest cabin ($1,500/month), 10 newly built 2–3 bedroom homes projected to lease for $2,200–$2,600/month; each features quality finishes, stainless steel appliances, wood cabinetry, quartz counters, and covered porches. With market demand strong in Bastrop, the projected gross rental income is $360,000 annually. In addition, the ranch supports an established hay operation capable of producing approximately $150,000 per year. With multiple ponds, cross-fencing for cattle, and a current agricultural exemption in place, operational costs are kept low while tax advantages add to the property's investment appeal. Purchase flexibility further enhances the opportunity. Options include acquiring the full 221-acre portfolio with hay operation ($6.6M, projected NOI ~$408,000 at a 6.18% cap), the rental portfolio on 25 acres ($3.99M, projected NOI ~$288,000 at a 7.22% cap), or alternative splits of 100 acres with structures, 121 acres land only, or 196 acres land only. With immediate leasing potential, reliable agricultural revenue, and multiple exit strategies, this property stands out as both a working ranch and an investment vehicle. For investors seeking steady cash flow with upside appreciation in a thriving corridor, 303 Bobs Trail delivers on every level. **Contact agent for appointment, 512-797-7674**
Location
State TX
County Bastrop
Rooms
Main Level Bedrooms 1
Interior
Interior Features Two Primary Baths,Two Primary Suties,Breakfast Bar,Ceiling Fan(s),High Ceilings,Granite Counters,Crown Molding,Double Vanity,Eat-in Kitchen,Entrance Foyer,High Speed Internet,Interior Steps,Kitchen Island,Multiple Dining Areas,Multiple Living Areas,Open Floorplan,Primary Bedroom on Main,Recessed Lighting,Soaking Tub,Storage,Walk-In Closet(s)
Heating Central,Electric
Cooling Ceiling Fan(s),Central Air,Electric
Flooring Carpet,Tile
Fireplace No
Appliance Built-In Electric Oven,Dishwasher,Electric Cooktop,Free-Standing Freezer,Microwave,Free-Standing Refrigerator,Stainless Steel Appliance(s),Washer/Dryer,Electric Water Heater,Water Softener Owned
Exterior
Exterior Feature Balcony,No Exterior Steps,Private Yard
Fence Cross Fenced,Fenced,Livestock,Perimeter
Pool None
Community Features None
Utilities Available Above Ground,Cable Available,Electricity Available,High Speed Internet,Phone Available,Sewer Connected,Water Connected
Waterfront Description None
View Hill Country,Panoramic,Trees/Woods
Roof Type Metal
Porch Covered,Rear Porch
Total Parking Spaces 2
Building
Lot Description Agricultural,Cul-De-Sac,Farm,Landscaped,Native Plants,Public Maintained Road,Rolling Slope,Trees-Large (Over 40 Ft),Trees-Moderate,Trees-Small (Under 20 Ft),Views
Faces West
Foundation Slab
Sewer Septic Tank
Water Well
Level or Stories Two
Structure Type Masonry – All Sides,Stone
New Construction No
Schools
Elementary Schools Adelton
Middle Schools Bastrop
High Schools Bastrop
School District Bastrop Isd
Others
Special Listing Condition Standard