$549,500

Description

NO HOA • RARE COLORADO RIVER PROPERTY • 5.9± ACRES • LAND NEAR AUSTIN • INCOME-PRODUCING • BASTROP ETJ • TESLA GROWTH CORRIDOR Barely a 30 minute drive to Austin, discover a unique opportunity to own 5.9± private acres with direct Colorado River access in one of Central Texas' fastest-growing investment corridors. This exceptional acreage near Austin offers privacy, recurring rental income, and long-term appreciation potential. Located in the Bastrop ETJ, bordering Webberville Park, you’ll enjoy scenic views and no future development behind the property. Ideally located minutes from Tesla Gigafactory, Austin-Bergstrom International Airport, SH-130, Downtown Austin, and Historic Bastrop, this property is positioned to benefit from continued residential, commercial, and employment growth. The existing 2,000+ sq. ft. home is tenant occupied, generating $2,000/month in rental income. A second approved homesite with foundation, utilities, and permits already in place offers the opportunity to build an additional residence with estimated rental income of approximately $1,500/month (buyer to verify), creating a potential gross annual rental income of approximately $42,000. Illustrative Investment Potential: Based on a hypothetical $650,000 total investment (land plus second home), 3% annual rent growth and 5% annual appreciation could result in an estimated property value of approximately $915,000 after 7 years, plus projected cumulative gross rental income of approximately $322,000. (Figures are illustrative estimates only. Actual results will vary based on market conditions, expenses, and buyer assumptions) Whether you're seeking land near Austin, Colorado River acreage, an income-producing property, investment property near Tesla, or a private estate with future development potential, this rare offering delivers location, cash flow, and long-term upside in one exceptional property.

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