303 Bob's Trl, Bastrop, TX 78602

Income-Producing Ranch Portfolio in Bastrop, Texas! This 25-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 4,000 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 … read more …