303 Bob's TRL, Bastrop, TX 78602

• 4,400 sqft

Property Description

Income-Producing Ranch Portfolio in Bastrop, Texas! This 100-acre, income-producing property 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, 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. 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), this 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*

Listing Status:

Active

Listing Office:

MCLANE REALTY, LLC : (512) 809-5447

Listing Agent:

Angel Chancellor : (512) 797-7674

MLS ID:

8194941

Interior

• Flooring: CarpetTile
• A/C: Ceiling Fan(s)Central AirElectric
• Heating: CentralElectric
• Eco/Green Feature: NoneNone

Exterior

• Other Structures: Barn(s)Corral(s)Guest HouseResidenceSecond ResidenceStorageWorkshop
• Parking: Attached CarportCoveredParking spaces: 2

Construction

• General: Slab

Location

• Road/Access: AsphaltGravel
• Originating MLS: actris
• County: Bastrop

Lot

• Zoning: TRACT 1100 ACRES OF LAND IN THE MOZEA ROUSSEA SURVEYABSTRACT NUMBER 56BASTROP COUNTYTEXAS AND BEING OUT OF A PORTION OF THAT CALLED 221.962 ACRES OF LAND303bobstrail100
• View: Hill CountryPanoramicTrees/Woods
• Current Use: InvestmentMulti-FamilyRanchResidential

Utilities

• Utilities: Above GroundCable AvailableElectricity AvailableHigh Speed InternetPhone AvailableSewer ConnectedWater Connected
• Water: Well
• Sewer: Septic Tank

Financial

• Source: actris

This listing courtesy of Angel Chancellor, MCLANE REALTY, LLC