303 Bobs Trail, Bastrop, TX 78602
- $3,600,000
- List Price
- $3,600,000
- Status
- ACTIVE
- MLS#
- 5819779
- Days on Market
- 181
- Lot Size
- 1,088,128
- Area
- Bastrop/Smithville, Burnet/Llano, Caldwell/Fayette
Property Description
This income-producing property in Bastrop offers a rare chance to step into a fully stabilized, new-construction rental portfolio on 25 acres in one of Central Texas’s fastest-growing corridors. Just minutes from downtown Bastrop and an easy drive to Austin, the property offers immediate cash flow alongside long-term land appreciation. The portfolio includes 12 rental homes, anchored by a 4,400 sq ft main residence with estimated rent of $3,500/month, a guest cabin at approximately $1,500/month, and 10 newly built 2–3 bedroom homes completed in late 2025. All 10 new homes are currently leased, with rents ranging from $1,650 to $2,450 per month, offering instant income from day one. These newer homes were thoughtfully designed for low-maintenance ownership and strong tenant demand. Each features quality finishes throughout, stainless steel appliances, wood cabinetry, quartz countertops, covered front porches, 2-car garages, fully fenced yards, and full appliance packages including washer and dryer. With 2025 construction, investors benefit from modern systems, minimal near-term maintenance, and efficient layouts that lease easily. Tenants enjoy a modern ranch lifestyle with wide-open pasture views, big Texas skies, and the quiet that comes from being surrounded by land, while still staying connected to Bastrop and the Austin metro. Currently operating at a 5.02% cap rate, the 25-acre portfolio comes with leased income in place and room to expand. For buyers looking to scale, there is also the option to acquire the full 221-acre portfolio, including an active hay operation, offered at $6.2M with projected NOI of roughly $408,000 at a 6.18% cap. For investors seeking steady cash flow, newer construction, and upside appreciation in a high-growth Central Texas location, 303 Bobs Trail delivers a clean, compelling opportunity with income already working in your favor. Buyer to verify all info.
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Additional Information
- Taxes
- $12,029
- Tax Year
- 2025
- Year Built
- 2025
- Parking Spaces
- 2
- Construction
- Stone
- Region
- Bastrop/Smithville, Burnet/Llano, Caldwell/Fayette
- View
- Panoramic
- Sewer
- Septic Tank
- Street Name
- Bobs Trail
- Street Number
- 303
- Neighborhood
- Rousseau, Mozea
- Water
- Well
- Acres
- 24.98
- County
- Bastrop
- Floor
- No Carpet, Tile
- Heating
- Central, Electric
Mortgage Calculator
Listing courtesy of MCLANE REALTY, LLC. Contact: (512) 797-7674
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