356 Paffen Rd Paige, TX 78659
Grassy Creek Rise Ranch, a 102.75-acre property in Paige, Texas, offers a unique blend of recreational opportunities and investment potential. Located on the outskirts of the Texas Hill Country in Bastrop County, this land boasts convenient access to both Austin (approximately 30 minutes from Bastrop) and Houston. The property features established roads and trails traversing diverse terrain, including open pastures ideal for hunting and livestock, and the scenic Grassy Creek. Existing cross fencing enhances its functionality. Electricity is readily available at multiple points via Bluebonnet Electric, and Aqua Water service is accessible on Paffen Road. A water meter is conveniently located at the ranch's corner (buyer to verify all utilities). Several active oil and gas pad sites are present on the property. Mineral ownership will be conveyed to the new owner, subject to a compelling offer. The property's location provides easy access to Austin-Bergstrom International Airport (ABIA) and Tesla (approximately 46 miles), while Houston is approximately 118 miles away. This versatile land presents an exceptional opportunity for a private retreat, recreational escape, or strategic land investment. All dimensions and boundaries are estimates; buyers are encouraged to verify information before submitting an offer. The property is sold as-is, and buyers are responsible for conducting due diligence regarding potential environmental concerns, including but not limited to weather-related events, environmental issues, disease, invasive species, and previous owner actions.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.