Property Description
Investment Opportunity Meets Hill Country Living on 3 Acres
Discover the perfect blend of lifestyle and investment potential at 349 Ponderosa Rd in Bastrop. Situated on 3 beautiful acres, this unique property offers privacy, room to grow, and endless possibilities. Whether you’re searching for a spacious personal residence or a turnkey income-producing property, this home delivers exceptional versatility with plenty of space for future improvements, additional structures, recreational amenities, or customized outdoor living.
Inside, you’ll find bright, open living spaces filled with natural light, soaring ceilings, rustic-modern finishes, and expansive windows that create a warm, inviting atmosphere. The converted garage adds approximately 320 square feet of additional living space, making it ideal for a fourth bedroom, game room, home office, gym, or flex space to suit your needs.
Step outside to your own private retreat featuring a sparkling in-ground pool with a waterfall, generous patio space for entertaining, and peaceful country views. With 3 acres of usable land, there’s ample room to build a workshop, guest house, additional garage, outdoor entertaining areas, or simply enjoy the extra space and privacy.
For investors, this property is already occupied by a corporate leasing company, providing immediate rental income and demonstrating strong appeal for executive and corporate housing. The home has an established rental history and offers flexibility for continued investment or future owner occupancy.
Showings Available from 9AM - 1PM on Thursdays. Must schedule through Showingtime.
Discover the perfect blend of lifestyle and investment potential at 349 Ponderosa Rd in Bastrop. Situated on 3 beautiful acres, this unique property offers privacy, room to grow, and endless possibilities. Whether you’re searching for a spacious personal residence or a turnkey income-producing property, this home delivers exceptional versatility with plenty of space for future improvements, additional structures, recreational amenities, or customized outdoor living.
Inside, you’ll find bright, open living spaces filled with natural light, soaring ceilings, rustic-modern finishes, and expansive windows that create a warm, inviting atmosphere. The converted garage adds approximately 320 square feet of additional living space, making it ideal for a fourth bedroom, game room, home office, gym, or flex space to suit your needs.
Step outside to your own private retreat featuring a sparkling in-ground pool with a waterfall, generous patio space for entertaining, and peaceful country views. With 3 acres of usable land, there’s ample room to build a workshop, guest house, additional garage, outdoor entertaining areas, or simply enjoy the extra space and privacy.
For investors, this property is already occupied by a corporate leasing company, providing immediate rental income and demonstrating strong appeal for executive and corporate housing. The home has an established rental history and offers flexibility for continued investment or future owner occupancy.
Showings Available from 9AM - 1PM on Thursdays. Must schedule through Showingtime.
Essential Information
- MLS Number
- 7824194
- Status
- Pending
- Days on Market
- 105
- Annual Taxes
- $3,970
- Price / Sq Ft
- $197
- Main-Level Bedrooms
- 4
- Full Baths
- 2
- Half Baths
- 0
- Courtesy of
- LoKation Real Estate, LLC (972) 502-9095
Interior & Systems
- Appliances
- Dishwasher, Disposal, Oven
- Heating
- Central
- Cooling
- Central Air
- Interior Features
- Primary Bedroom on Main, Walk-In Closet(s)
- Flooring
- Concrete
- Fireplaces
- 1
- Fireplace Features
- Family Room, Wood Burning
- Levels
- One
Community & Amenities
- Subdivision
- Highsmith, A M
- City
- Bastrop
- County
- Bastrop
- Pool
- Yes
- Waterfront
- No
- Community Features
- None
Exterior & Lot
- Roof
- Composition
- Foundation
- Slab
- Exterior Features
- Outdoor Grill, Private Entrance, Private Yard
- Lot Features
- Agricultural, Back Yard, Private, Trees-Medium (20 Ft - 40 Ft)
- Patio / Porch
- Covered
- Fencing
- Back Yard, Barbed Wire, Wood
- Parking Features
- Driveway, Private
- Other Structures
- None, See Remarks
School Information
- Elementary School
- Smithville
- Elementary District
- Smithville ISD
- Middle School
- Smithville
- Middle District
- Smithville ISD
- High School
- Smithville
- High District
- Smithville ISD
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Estimated principal & interest
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