303 BOBS TRAIL, BASTROP, TX 78602
Homes for sale in Bastrop.
Homes for sale in 78602.
List Price$3,600,000
303 Bobs Trail
Bastrop, TX 78602
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
Real Estate IDX Powered by iHomefinder