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Property Description
Investment Opportunity Meets Hill Country Living on 3 Acres Discover the perfect blend of lifestyle and investment potential at 349 Ponderosa Rd in Bastrop. Situated on 3 beautiful acres, this unique property offers privacy, room to grow, and endless possibilities. Whether you're searching for a spacious personal residence or a turnkey income-producing property, this home delivers exceptional versatility with plenty of space for future improvements, additional structures, recreational amenities, or customized outdoor living. Inside, you'll find bright, open living spaces filled with natural light, soaring ceilings, rustic-modern finishes, and expansive windows that create a warm, inviting atmosphere. The converted garage adds approximately 320 square feet of additional living space, making it ideal for a fourth bedroom, game room, home office, gym, or flex space to suit your needs. Step outside to your own private retreat featuring a sparkling in-ground pool with a waterfall, generous patio space for entertaining, and peaceful country views. With 3 acres of usable land, there's ample room to build a workshop, guest house, additional garage, outdoor entertaining areas, or simply enjoy the extra space and privacy. For investors, this property is already occupied by a corporate leasing company, providing immediate rental income and demonstrating strong appeal for executive and corporate housing. The home has an established rental history and offers flexibility for continued investment or future owner occupancy.
Full Property Details
Full Property Details for 349 Ponderosa Rd
General
- Price: $499,000
- Taxes: $3,969 (2023)
- Status: Active
- Type: Single Family
- Source: Austin_MLS
- MLS ID: 7824194
- Updated: 7/25/2026
- Added to Site: 2 day(s) ago
Interior
- Interior Features: Main Level Primary, Multiple Closets, Walk-In Closet(s)
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Family Room, Wood Burning
- Appliances: Dishwasher, Disposal, Oven
- Flooring: Concrete
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
- Bedrooms Main: 3
Other Rooms
- Laundry: Laundry Room
Additional Information
- Shared Amenities: None
- Pool: Yes
- Private Pool: Yes
- Pool Description: In Ground
- Security/Safety: None
Exterior
- Exterior Features: Outdoor Grill, Private Entrance, Private Yard
- Porch/Patio/Deck: Covered
Parking
- Total Spaces: 4
- Parking Features: Driveway, Private
Location
- Area: SV
- County: Bastrop
- Subdivision: Highsmith, A M
- Driving Directions: Coming from Bastrop, the drive is approximately 6 miles to Ponderosa Rd, take a right and 349 Ponderosa Rd is about a mile down on the left.
- Direction Faces: West
School Information
- Elem School District: Smithville ISD
- Midd School District: Smithville ISD
- High School District: Smithville ISD
- Elementary School: Smithville
- Middle School: Smithville
- High School: Smithville
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Septic Tank
- Water: Private
- Utility Description: Electricity Connected, Sewer Connected, Water Connected
Structural Information
- Detached/Attached: Detached
- Construction: Brick, Concrete, Vinyl Siding
- Roof: Composition
- Windows: None
- Stories/Levels: 1
- Square Feet: 2,538
- Sq. Ft. Source: Public Records
- Living Area: 2,538 Sq. Ft.
- Year Built: 2006
- Year Built Source: Public Records
- Property Condition: Resale
Additional Structures
- Other Structures: None, See Remarks
Lot Features
- Property View: Pasture, Trees/Woods
- Lot Size (Acres): 3
- Lot Size (Sq. Ft.): 130,680
- Fence: Yes
- Lot Features: Agricultural, Back Yard, Private, Trees Medium Size
- Fencing (Description): Barbed Wire, Back Yard, Wood
Financial Considerations
- Assessment Amount: $291,640
- Tax Amount: $3,969.6
- Tax Year: 2023
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Special Conditions: Standard
- Documents Avail.: Aerial, Survey
- Legal Description: A39 HIGHSMITH, A. M. , ACRES 3.0000
- Disclosures/Reports: Other, Seller Disclosure
- Property ID: 64389
Listed by LoKation Real Estate, LLC
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Schools
Schools serving 349 Ponderosa Rd
School District:Smithville Independent School District
| Name | Grades | Distance |
|---|---|---|
Brown Primary School 403 Southwest 4th Street, Smithville, TX 78957 | PK-2 | 5.5 mi |
Smithville Elementary School 800 Bishop Street, Smithville, TX 78957 | 3-5 | 6 mi |
Smithville J High School 287 State Highway 95, Smithville, TX 78957 | 6-8 | 5.8 mi |
Smithville High School 285 State Highway 95, Smithville, TX 78957 | 9-12 | 5.7 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 349 Ponderosa Rd
Date
Details
Price
Change
Source
7/25/2026
Listed
$499,000
—
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 349 Ponderosa Rd
Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,942
24%
$335,884
15%
2023
$3,970
100%
$290,969
—
2023
-100%
$291,640
25%
2021
$4,029
-11%
$233,940
-22%
2022
$4,545
128%
$301,492
42%
2020
$1,993
—
$212,043
14%
2019
$1,992
—
$185,698
10%
2019
$1,992
—
$168,869
—
2017
$1,993
-18%
$168,489
5%
2016
$2,433
2%
$160,647
20%
2014
$2,380
—
$133,932
—
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 349 Ponderosa Rd
349 Ponderosa Road, Bastrop, TX 78602 (MLS# 7824194) is a Single Family property with 3 bedrooms and 2 full bathrooms. 349 Ponderosa Road is currently listed for $499,000 and was received on July 25, 2026. Want to learn more about 349 Ponderosa Road? 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.

