Bastrop, TX 78602 (Bastrop County)
About this property
Some properties offer land. This one offers a way of life. Discover nearly 62 unrestricted, AG-exempt acres in the heart of the Texas Lost Pines—a private, self-sustaining family compound designed for generations to enjoy. The property features three separate residences totaling approximately 6,048 square feet, thoughtfully positioned to provide privacy while keeping everyone connected. Whether accommodating extended family, guests, or multiple generations, each home has its own space to enjoy. The 2,400 sqft barndominium serves as the centerpiece of the ranch, offering 3 bedrooms, 2 bathrooms, a spacious workshop, and an adjoining party barn built for entertaining. A 1,984 sqft double-wide home features 3 bedrooms, 2 bathrooms, and a covered carport, while the 1,664 sqft single-wide offers 3 bedrooms, 2 bathrooms, an expanded living area, and a front porch overlooking one of the property's stocked fishing pond. Two water wells supply the ranch, while two stocked fishing ponds create a peaceful setting just steps from your back door. All water rights convey with the sale. The ranch is fully equipped with two metal barns, livestock pens, feed and tack storage, workshop space, a chicken coop, hunting blind, covered parking, and the infrastructure already in place for livestock, recreation, or everyday country living. Whether you're searching for a multigenerational estate, working ranch, recreational retreat, or private family compound, this property is ready from day one. Conveniently located just 15 minutes from Downtown Bastrop, 15 minutes from Highway 290, and approximately 45 minutes from Austin. Square footage is approximate and provided by Seller. Built for generations. Ready for the next.
Property details
Location
About the Area
318 Grey Wolf Ln is located in Bastrop, Texas, in Bastrop County. Bastrop County sits at the eastern edge of the Texas Hill Country transition zone, blending the Lost Pines forest, an isolated stand of loblolly pines separated from the East Texas Piney Woods by 100 miles, with open ranch land and the growing spillover of the Austin metro.
The Colorado River flows through the county, and the Lost Pines ecosystem creates a uniquely lush landscape unusual for Central Texas. Bastrop State Park preserves thousands of acres of pine forest that survived and recovered from the devastating 2011 wildfires.
Bastrop had an estimated population of 10,484 as of 2023. The 78602 zip code has a median household income of $86,976, a median home value of $310,300, and a median age of 38.1. The average household size is 2.67 people.
Bastrop County is one of the fastest-growing counties in Texas, driven by Austin metro expansion, the Tesla Gigafactory nearby, and SpaceX's Starbase proximity. Agriculture, timber, and tourism coexist with rapid residential and commercial development.
Demographic data sourced from the U.S. Census Bureau, American Community Survey 5-Year Estimates (2023).
Listing information © 2026 Unlock MLS (ACTRIS). All data provided AS IS. Information is deemed reliable but not guaranteed. Listing courtesy of Stanberry REALTORS.