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$399,000
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Property Description
Rare opportunity to own a private 3-bedroom, 2-bath home on over 2 acres in a highly desirable location between Bastrop and Elgin, TX. This extremely private property offers the perfect blend of country living with convenient access to town, shopping, dining, and major employers. The home features beautiful wood craftsmanship, warm natural finishes, and spacious covered porches ideal for relaxing, entertaining, or enjoying peaceful Hill Country views. The expansive acreage provides ample space for an additional dwelling, guest house, workshop, or RV hookup, making this property ideal for multigenerational living, short-term rental potential, or homestead use. With no close neighbors, usable land, and flexible possibilities, this property is well-suited for buyers seeking privacy, acreage, and expansion potential-a combination that is increasingly hard to find in Bastrop County.
Full Property Details
Full Property Details for 339 Cool Water Dr
General
- Price: $399,000
- Taxes: $5,122 (2025)
- Status: Active
- Type: Single Family
- Source: Austin_MLS
- MLS ID: 7164806
- Updated: 1/8/2026
- Added to Site: 9 day(s) ago
Interior
- Interior Features: Bookcases, Built-in Features, Ceiling Fan(s), Double Vanity, Entrance Foyer, Eat-in Kitchen, French Door(s)/Atrium Door(s), High Ceilings, Interior Steps, Multiple Living Areas, Open Floorplan, Pantry, Storage, Natural Woodwork, Walk-In Closet(s)
- Appliances: Dishwasher, Electric Range
- Flooring: Vinyl, Wood
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 4
- Bedrooms Main: 2
Other Rooms
- Laundry: In Kitchen
Additional Information
- Shared Amenities: None
- Pool: Yes
- Private Pool: Yes
- Pool Description: Above Ground
- Security/Safety: None
Exterior
- Exterior Features: Private Yard
- Porch/Patio/Deck: Rear Porch, Covered, Front Porch, Patio, Porch
Parking
- Total Spaces: 6
- Parking Features: Driveway
Location
- Area: BA
- County: Bastrop
- Subdivision: Lake Bastrop Club
- Driving Directions: Hwy 95 North, RIGHT onto LBA Drive, LEFT onto Cool Water Drive
- Direction Faces: West
School Information
- Elem School District: Bastrop ISD
- Midd School District: Bastrop ISD
- High School District: Bastrop ISD
- Elementary School: Lost Pines
- Middle School: Bastrop
- High School: Bastrop
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s), Wall/Window Unit(s)
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Connected, Sewer Connected, Water Connected
Structural Information
- Detached/Attached: Detached
- Construction: Vinyl Siding
- Roof: Metal
- Windows: Screens
- Stories/Levels: 1
- Square Feet: 2,739
- Sq. Ft. Source: Public Records
- Living Area: 2,739 Sq. Ft.
- Year Built: 1972
- Year Built Source: Public Records
- Property Condition: Resale
Additional Structures
- Other Structures: Storage
Lot Features
- Property View: Pasture, Trees/Woods
- Lot Size (Acres): 2.03
- Lot Size (Sq. Ft.): 88,426.8
- Fence: Yes
- Lot Features: Back Yard, Front Yard, Level, Native Plants, Private, Many Trees
- Fencing (Description): Back Yard
Financial Considerations
- Assessment Amount: $326,113
- Tax Amount: $5,122.09
- Tax Year: 2025
- Terms: Cash, Conventional
Disclosures and Reports
- Special Conditions: Standard
- Documents Avail.: Survey
- Multiple Parcels: Yes
- Legal Description: LAKE BASTROP CLUB, BLOCK 2, LOT 195, ACRES 0.8333
- Disclosures/Reports: Other
- Property ID: 29593
- Block: 2
- Lot Number: 195
Listed by All City Real Estate Ltd. Co
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Schools
Schools serving 339 Cool Water Dr
School District:Bastrop Independent School District
| Name | Grades | Distance |
|---|---|---|
Lost Pines Elementary School 151 Tiger Woods Drive, Bastrop, TX 78602 | PK-5 | 1.7 mi |
Bastrop High School 1614 Chambers Street, Bastrop, TX 78602 | 9-12 | 4.8 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 339 Cool Water Dr
Date
Details
Price
Change
Source
1/08/2026
Listed
$399,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 339 Cool Water Dr
Year
Property Taxes
Change
Tax Assessment
Change
2024
$734
2%
$133,200
23%
2023
$719
100%
$108,480
-24%
2022
100%
$142,800
3%
2022
100%
$138,960
133%
2021
-100%
$59,648
8%
2020
$1,093
-3%
$55,198
—
2019
$1,127
—
$55,198
130%
2019
$1,127
121%
$24,000
—
2017
$511
19%
$24,000
20%
2016
$428
-1%
$20,000
—
2014
$434
—
$20,000
—
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 339 Cool Water Dr
339 Cool Water Drive, Bastrop, TX 78602 (MLS# 7164806) is a Single Family property with 4 bedrooms and 2 full bathrooms. 339 Cool Water Drive is currently listed for $399,000 and was received on January 08, 2026. Want to learn more about 339 Cool Water Drive? Do you have questions about finding other Single Family real estate for sale in Bastrop? You can browse all Bastrop real estate or contact a Coldwell Banker agent to request more information.

