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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.

Overview

Property Status
For Sale
Lot Size
24.98 Acres
MLS ID
5819779
Property Type
Commercial
Year Built
2025

Features & Amenities

Total Area
4,400 Sq.Ft.
View Description
Hill Country, Panoramic, Trees/Woods
Water Source
Well
Utilites
Above Ground, Cable Available, Electricity Available, Internet-Cable, Phone Available, Sewer Connected, Water Connected
Parking
Attached, Attached Carport, Covered, Door-Single, Garage, Garage Faces Front, Side By Side
Heat Type
Central, Electric
Air Conditioning
Ceiling Fan(s), Central Air, Electric
Sewer
Septic Tank
Substructure
Slab
Disability Features
None
Sales Price
$3,600,000
Real Estate Tax
$12,030/yr

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303 Bobs Trail

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