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Kevin Kent
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    3619 South Jackson
    San Angelo, TX 76904
    3253744564
    Kevin@KevinKentRealEstate.com
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Austin Board of Realtors

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Based on information from the Austin Board of REALTORS®. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided "AS IS" and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.

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San Angelo Area of Realtors MLS

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

$3,600,000
For Sale

303 Bobs Trail

Bastrop, TX 78602
24.98 acres | #5819779
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303 Bobs Trail
16 photos
Type:Purchase
Structure:Commercial
Zone:Commercial

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.

  • Property Details
      • Utility FeaturesAbove Ground Utilities, Cable Available, Electricity Available, High Speed Internet Available, Phone Available, Sewer Connected,
      • ViewHills, Panoramic, Trees Woods
      • Property ConditionNew Construction
      • SubdivisionRousseau, Mozea
      • Sewer InformationSeptic Tank
      • Original List Price$3,600,000
      • Cost3600000.0
      • Property TypePurchase
      • Property SubtypeMixedUse
      • Short SaleStandard
      • CountyBastrop
      • Taxes Annual$12,029
      • MLS #5819779
      • MLS #5819779
      • Acres24.98
      • Year Built2025
      • FoundationSlab
      • Utility SourceWell
      • Days on Market (Cumulative)10

Location

Legal

Based on information submitted to the MLS GRID as of 2026-01-30 00:34:25 UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.


The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Based on information from the Austin Board of REALTORS®. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided "AS IS" and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.

Last Updated: Today at 5:09 PM. Source: ACTRIS

Provided By
Listing Agent: Angel Chancellor (#758957), Phone: (512) 797-7674
Listing Office: MCLANE REALTY, LLC (#701620)

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