ActiveMLS# 7164806
$339,999
2.03 Acres · Residential · $167,487/acre
339 Cool Water Dr
Bastrop, TX 78602 (Bastrop County)
4
Bedrooms
2
Bathrooms
2,739
Sq Ft
1972
Year Built

About this property

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.

Property details

Property TypeResidential
Acreage2.03 acres
StatusActive
Days on Market142 days
ListedJanuary 8, 2026
CountyBastrop
ZIP Code78602
Living Area2,739 sq ft
Price per Acre$167,487/acre
Year Built1972
Stories1
SubdivisionLake Bastrop Club and Lake Bastrop Acres
PoolYes
HOANo
FencingBack Yard
ViewPasture, Trees/Woods
MLS Number7164806
Listed ByAll City Real Estate Ltd. Co

Location

Area & Lifestyle

About the Area

339 Cool Water Dr 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 All City Real Estate Ltd. Co.

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Barron Johnson
Broker Associate · Spyglass Realty