2303 Webberwood Dr
About this property
NO HOA • RARE COLORADO RIVER PROPERTY • 5.9± ACRES • LAND NEAR AUSTIN • INCOME-PRODUCING • BASTROP ETJ • TESLA GROWTH CORRIDOR Barely a 30 minute drive to Austin, discover a unique opportunity to own 5.9± private acres with direct Colorado River access in one of Central Texas' fastest-growing investment corridors. This exceptional acreage near Austin offers privacy, recurring rental income, and long-term appreciation potential. Located in the Bastrop ETJ, bordering Webberville Park, you’ll enjoy scenic views and no future development behind the property. Ideally located minutes from Tesla Gigafactory, Austin-Bergstrom International Airport, SH-130, Downtown Austin, and Historic Bastrop, this property is positioned to benefit from continued residential, commercial, and employment growth. The existing 2,000+ sq. ft. home is tenant occupied, generating $2,000/month in rental income. A second approved homesite with foundation, utilities, and permits already in place offers the opportunity to build an additional residence with estimated rental income of approximately $1,500/month (buyer to verify), creating a potential gross annual rental income of approximately $42,000. Illustrative Investment Potential: Based on a hypothetical $650,000 total investment (land plus second home), 3% annual rent growth and 5% annual appreciation could result in an estimated property value of approximately $915,000 after 7 years, plus projected cumulative gross rental income of approximately $322,000. (Figures are illustrative estimates only. Actual results will vary based on market conditions, expenses, and buyer assumptions) Whether you're seeking land near Austin, Colorado River acreage, an income-producing property, investment property near Tesla, or a private estate with future development potential, this rare offering delivers location, cash flow, and long-term upside in one exceptional property.
Property details
Location
About the Area
2303 Webberwood Dr is located in Webberville, Texas, in Travis County. Travis County is home to Austin, the capital of Texas and one of the fastest-growing major cities in the United States. Beyond the urban core, Travis County still contains significant ranch and acreage properties in its western reaches, where the Hill Country meets the city and land values reflect both agricultural heritage and proximity to one of America's most dynamic economies.
The Colorado River flows through Travis County, impounded into Lake Travis and Lake Austin, key recreation anchors for the region. The Balcones Escarpment marks the transition from the limestone Hill Country in the west to the Blackland Prairie in the east. Barton Creek and its tributaries carve spring-fed swimming holes and nature preserves within the urban fabric.
Webberville had an estimated population of 436 as of 2023. The 78621 zip code has a median household income of $88,246, a median home value of $262,300, and a median age of 39.2. The average household size is 2.79 people.
Austin's economy is anchored by the University of Texas, state government, and a massive technology sector that has attracted Apple, Tesla, Oracle, Dell, and hundreds of startups. Travis County acreage properties command premium prices reflecting proximity to the Austin job market, major airports, and world-class amenities.
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 MODUS Real Estate.