$4.30M

Description

Income-Producing Ranch Portfolio in Bastrop, Texas! This 100-acre, income-producing property 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, 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 to include: a barn, a 4,400 sq ft main residence (estimated rent $3,500/month), a guest cabin ($1,500/month), 10 newly built 2–3 bedroom homes projected to lease for $2,200–$2,600/month; each features quality finishes, stainless steel appliances, wood cabinetry, quartz counters, and covered porches. With market demand strong in Bastrop, the projected gross rental income is $360,000 annually. Purchase flexibility further enhances the opportunity. Options include acquiring the full 221-acre portfolio with hay operation ($6.6M, projected NOI ~$408,000 at a 6.18% cap), this rental portfolio on 25 acres ($3.99M, projected NOI ~$288,000 at a 7.22% cap), or alternative splits of 100 acres with structures, 121 acres land only, or 196 acres land only. With immediate leasing potential, reliable 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

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