1. Texas
2. Bastrop
3. 303 Bobs TRL

303 Bobs TRL, Bastrop, TX 78602

• 5 beds |
• 5 baths |
• 4,400 sqft

Property Description

Income-Producing Ranch Portfolio in Bastrop, Texas! This stunning 221-acre ranch 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, hay production, 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. In addition, the ranch supports an established hay operation capable of producing approximately $150,000 per year. With multiple ponds, cross-fencing for cattle, and a current agricultural exemption in place, operational costs are kept low while tax advantages add to the property’s investment appeal. 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), the 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:

9695497

Interior

• General: Two Primary BathsTwo Primary SutiesBreakfast BarCeiling Fan(s)High CeilingsGranite CountersCrown MoldingDouble VanityEat-in KitchenEntrance FoyerHigh Speed InternetInterior StepsKitchen IslandMultiple Dining AreasMultiple Living AreasOpen FloorplanPrimary Bedroom on MainRecessed LightingSoaking TubStorageWalk-In Closet(s)
• Appliances: Built-In Electric OvenDishwasherElectric CooktopFree-Standing FreezerMicrowaveFree-Standing RefrigeratorStainless Steel Appliance(s)Washer/DryerElectric Water HeaterWater Softener Owned
• Laundry: Laundry RoomMain Level
• Flooring: CarpetTile
• A/C: Ceiling Fan(s)Central AirElectric
• Heating: CentralElectric
• Fireplace: Fireplaces: 0
• Eco/Green Feature: NoneNone

Exterior

Construction

Location

Lot

Utilities

Financial

This listing courtesy of Angel Chancellor, MCLANE REALTY, LLC