Date
Details
Price
Change
Source
1/29/2026
Listed
$3,600,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/16
$3,600,000
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1/16
Property 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.
Full Property Details
Full Property Details for 303 Bob's Trail
General
- Price: $3,600,000
- Taxes: $12,029 (2025)
- Status: Active
- Type: Commercial
- Source: Austin_MLS
- MLS ID: 5819779
- Updated: 2/27/2026
- Added to Site: 95 day(s) ago
Rental Information
- Lease Info: Deposit Required, Fixed
Interior
- Flooring: Carpet Free, Tile
Additional Information
- Security/Safety: Smoke Detector(s)
- Equipment: None
Parking
- Garage: Yes
- Carports: Yes
- Total Spaces: 2
- Parking Features: Attached Carport, Attached, Covered, Door-Single, Garage Faces Front, Garage, Side By Side
Location
- Area: BA
- County: Bastrop
- Subdivision: Rousseau, Mozea
- Driving 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.
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s), Electric
- Heating Type: Central, Electric
Utilities
- Sewer: Septic Tank
- Water: Well
- Well: Yes
- Cable Available: Yes
- Utility Description: Above Ground Utilities, Cable Available, Electricity Available, High Speed Internet Available, Phone Available, Sewer Connected, Water Connected
Structural Information
- # Buildings: 12
- Detached/Attached: Detached
- Construction: Stone
- Square Feet: 4,400
- Sq. Ft. Source: Public Records
- Current Bldg. Use: Investment, Multi-Family, Residential, Single Family
- Year Built: 2025
- Year Built Source: Owner
- Property Condition: New Construction
Additional Structures
- Other Structures: Barn(s), Corral(s), Guest House, Second Residence, Residence, Storage, Workshop
Lot Features
- Property View: Hills, Panoramic, Trees/Woods
- Lot Size (Acres): 24.98
- Lot Size (Sq. Ft.): 1,088,128.8
- Lot Size Source: Public Records
Financial Considerations
- Assessment Amount: $776,013
- Tax Amount: $12,029.59
- Tax Year: 2025
- Terms: Cash, Conventional, FHA, Owner May Carry, Texas Vet, VA Loan
Disclosures and Reports
- Special Conditions: Standard
- Legal Description: TRACT 1, 24.98 ACRES OF LAND IN THE MOZEA ROUSSEA, SURVEY, ABSTRACT NUMBER 56, BASTROP COUNTY, TEXAS AND BEING OUT OF A PORTION OF THAT CALLED 221.962 ACRES OF LAND
- Disclosures/Reports: None
- Property ID: 303bobstrail25
Listed by McLane Realty, Llc
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Listing agent
— 303 Bob's Trail —
McLane Realty, Llc
(512) 797-7674
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 303 Bob's Trail
School District:Bastrop Independent School District
| Name | Grades | Distance |
|---|---|---|
Bastrop Middle School 725 Old Austin Highway, Bastrop, TX 78602 | 7-8 | 3.6 mi |
Bastrop High School 1614 Chambers Street, Bastrop, TX 78602 | 9-12 | 5.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 303 Bob's Trail
Tax History
Tax History for 303 Bob's Trail
Year
Property Taxes
Change
Tax Assessment
Change
2024
$5,739
3%
$776,013
-11%
2023
$5,559
100%
$873,045
—
2023
-100%
$874,955
50%
2021
$6,416
-2%
$581,377
-28%
2022
$6,572
100%
$802,843
40%
2020
-100%
$575,151
640%
2019
$1,587
—
$77,758
10%
2019
$1,587
119%
$70,376
8%
2017
$726
15%
$64,952
8%
2016
$632
-52%
$60,399
3%
2014
$1,306
—
$58,876
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 303 Bob's Trail
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303 Bobs Trail, Bastrop, TX 78602 (MLS# 5819779) is a Commercial property. 303 Bobs Trail is currently listed for $3,600,000 and was received on January 29, 2026. Want to learn more about 303 Bobs Trail? Do you have questions about finding other Commercial real estate for sale in Bastrop? You can browse all Bastrop real estate or contact a Coldwell Banker agent to request more information.