Bastrop, TX 78602,303 Bobs TRL
Bastrop, TX 78602,303 Bobs TRL
Bastrop, TX 78602,303 Bobs TRL
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22
Aug
Sat
23
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Sun
24
Aug
$6,600,000
Est. payment /mo
5 Beds
4.5 Baths
4,400 SqFt
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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


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Listed by MCLANE REALTY, LLC

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agent

Colbey Pfund

+1(310) 433-6017

Realtor | License ID: 741291

Realtor License ID: 741291

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