Bastrop, TX 78602 (Bastrop County)
About this property
Income-Producing Ranch Portfolio in Bastrop, Texas! This stunning 221-acre ranch offers a rare chance to acquire a turnkey, income-producing portfolio in one of Central Texas’s fastest-growing markets. The property combines residential rental income, hay production, and land value growth in a location just minutes from downtown Bastrop and an easy drive to Austin. The portfolio includes 12 rental-ready homes: a barn, a spacious main residence, a guest cabin, and 10 recently built 2–3 bedroom homes (each featuring quality finishes, stainless steel appliances, wood cabinetry, quartz counters, and covered porches). With strong market demand in Bastrop, the rental income potential is significant. In addition, the ranch supports an established hay operation with reliable production. Multiple ponds, cross-fencing for cattle, and a current agricultural exemption help keep operating costs low while also providing tax advantages that add to the property’s investment appeal. Purchase flexibility further enhances the opportunity, with options to acquire the full ranch and hay operation, the rental portfolio on a smaller acreage, or alternative land splits depending on investment goals. With immediate leasing potential, dependable agricultural revenue, and multiple exit strategies, this property stands out as both a working ranch and an investment vehicle. For investors seeking steady cash flow with upside appreciation in a thriving corridor, 303 Bobs Trail delivers on every level.
Property details
Location
About the Area
303 Bobs Trl 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 MCLANE REALTY, LLC.