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.

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Listed by Angel Chancellor of MCLANE REALTY,LLC ((512) 797-7674)

Listings courtesy of Unlock MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of May 25, 2026 7:13 AM EDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end user license agreement.

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