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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.

Source: Austin MLS, MLS#: 9695497

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  • Property Type
    Farm
  • Lot
    221.96 acres

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Pamela Buske

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Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 303 Bobs TRL


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
1/29/2026Source: Austin MLS Added to Database
January 29, 2026
11/5/2025Source: Austin MLS Price Reduction
$6,200,000 -6.1%
8/22/2025Source: Austin MLS Added to Database
August 22, 2025
Listing provided courtesy of MCLANE REALTY, LLC- MLS# 9695497MLS Provider