New-Construction Multifamily
For Sale
$3,600,000
303 Bobs Trail, Bastrop, TX 78602
Twelve rental homes include a main residence, guest cabin, and recently completed homes with leased occupancy.
Property Size4,400 SF
Lot Size25.00 Acres
Price / SF$818.18
Days on Market187
Property Features for 303 Bobs Trail
General Information
Standard status
Active
Size
4,400 SF
Lot size
25.00 Acres
Property subtype
Commercial
Additional Details
Cap Rate
5.02%
Multifamily Units
12
Taxes and HOA fees
Annual Taxes
$12,029
Amenities
stainless steel appliances
wood cabinetry
quartz countertops
covered front porches
2-car garages
fenced yards
washer/dryer
Building Details
Building Size
4,400 SF
Year Built
2025
Buildings
12
Listing Agency:
MCLANE REALTY, LLC
(512) 809-5447
Listed By:
Angel Chancellor
Source:
Buttross
Added: Jan 29
Changed: Aug 2
Last Checked: Aug 3 at 1:36PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of MCLANE REALTY, LLC
Investment Insights
Based on property information with market context.
This 25-acre multifamily property comprises 12 rental homes, including a 4,400 sq ft main residence, a guest cabin, and 10 newly built homes with two- to three-bedroom layouts. The newer residences were completed in late 2025 and include stainless steel appliances, wood cabinetry, quartz countertops, covered front porches, two-car garages, fenced yards, and washer and dryer packages. All 10 of these homes are currently leased.
Located in Bastrop, the property combines residential income operations with a rural setting featuring open pasture views. Downtown Bastrop is minutes away, while Austin is accessible by drive. The portfolio is operating at a 5.02% cap rate, with tenant occupancy in place across the recently completed homes.
Located in Bastrop, the property combines residential income operations with a rural setting featuring open pasture views. Downtown Bastrop is minutes away, while Austin is accessible by drive. The portfolio is operating at a 5.02% cap rate, with tenant occupancy in place across the recently completed homes.
Key Highlights
- 25‑acre multifamily portfolio with 12 rental homes
- 4,400 sq ft main residence plus a guest cabin
- 10 newly built 2–3 bedroom homes completed in late 2025
Property Analytics
Current Use
Lease Details
12
Residential units
Location Intelligence
Trade Area within ½ mile
1
Businesses Nearby
Explore this area
Business Placement
Demographics for 78602, TX
33,759
Population
13,485
Households
2.5
Avg Household Size
40
Median Age
27%
College-Educated
87%
High-School Grad
195.3 sq mi
ZIP Area
173
Density / Sq Mi
$86,976
Median Household Income
$41,644
Median Earnings
$1,331
Median Rent
$310,300
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Multifamily property - Twelve rental homes include a main residence, guest cabin, and recently completed homes with leased occupancy.
Where is this multifamily property located?
The property is located at 303 Bobs Trail Bastrop, TX.
What is the asking price?
The asking price for this property is $3,600,000.
What are key features of this property?
This property features: 25‑acre multifamily portfolio with 12 rental homes; 4,400 sq ft main residence plus a guest cabin; 10 newly built 2–3 bedroom homes completed in late 2025
