Listed by Angel Chancellor of MCLANE REALTY,LLC ((512) 797-7674)
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.

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    Listings courtesy of Unlock MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of July 11, 2026 11:43 PM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end user license agreement.

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