303 BOBS TRAIL, BASTROP, TX 78602

Homes for sale in Bastrop.

Homes for sale in 78602.


Active

List Price$3,600,000

303 Bobs Trail

Bastrop, TX 78602

Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image

Listing #5819779

4,400

Square Feet

Commercial

Type

About This Property

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.

Property Features

Location Information

County

Bastrop

Subdivision

Rousseau, Mozea

County

Bastrop

Directions

If you follow Hwy 71 from Austin, you turn South (right) on Hwy 304 towards Gonzales. Follow 304 for about three miles then go right on Lower Red Rock Road until it T's at Bobs Trl. Turn right on Bobs Trl. Property driveway is directly in front of you at the dead end of Bobs Trl.

Area

BA

Interior Features

Heating

Central, Electric

Disabled Features

None

Floors

Carpet Free, Tile

Accessibility

None

Exterior Features

Style

Stone

Parking Description

Attached Carport, Attached, Covered, Door-Single, Garage Faces Front, Garage, Side By Side

Is New Construction

Yes

Lot Size in Acres

24.98

Construction/Exterior

Stone

Buildings

12

Foundation

Slab

Road Description

Asphalt, Gravel

Possession

Closing & Funding, Close Of Escrow

Has Waterfront

No

Water / Sewer

Septic Tank

Has View

Yes

Water

Well

View

Hills, Panoramic, Trees/Woods

Additional Information

Other Utilities

Above Ground Utilities, Cable Available, Electricity Available, High Speed Internet Available, Phone Available, Sewer Connected, Water

APN

303bobstrail25

Property Type

COM

Status

Active

Property SubType

Mixed Use

Documents Available

None

Year Built

2025

Similar Listings

Mortgage Calculator

$16,812

per month

30 Year Fixed. 3.52% Interest Rate.

Principal + Interest

$12,972

Monthly Tax

$3,000

Monthly Insurance

$840

yrs

%

$

$

Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.

Schools

Walk Score

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