Bastrop, TX 78602 (Bastrop County)
About this property
5% Down - Interest Only - Owner Financing This 142 acre tract, located just east of Tahitian Village, Pine Forest, and ColoVista Country Club, is a prime opportunity for residential development in the booming Bastrop County market. With just 5% down and interest-only owner financing available, this is an ideal chance for investors and developers looking for flexibility and favorable terms. With over 600 feet of paved frontage on Crafts Prairie Road and a 4-inch AQUA waterline already in place at the road, the property is development-ready. Rolling hills, a blend of old-growth and younger pine stands, and scattered mature oaks give the land natural texture and visual appeal. Most of the property enjoys sweeping 180+ degree views of the Colorado River Valley—an uncommon feature in the area that sets this tract apart. Its elevation and layout are ideal for a mix of 1-acre lots and larger estate tracts, with room for thoughtful design and privacy. Lot comps in nearby Tahitian Village, Pine Forest, and ColoVista Country Club range from $60K to $170K per acre, with this property’s topography and views likely commanding prices toward the upper end of that spectrum. The land is less than 10 minutes to Bastrop, Smithville, and Buescher State Park, under 40 minutes to Tesla and ABIA, and just 50 minutes from downtown Austin. ColoVista’s golf course, restaurant, and pool are only 1.5 miles away, making this location a strong fit for both full-time residents and second-home buyers alike. Whether you're planning a high-end community or a long-term investment with income potential, this property offers the access, infrastructure, and natural beauty to make it a success.
Property details
Location
About the Area
TBD Crafts Prairie Rd 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 Keller Williams Realty.