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$1,347,500

147 Blue Sky Dr, Bastrop, TX, 78602

On MarketInfo
Baths0 Bath
Baths1,456 Sq Ft
RanchRanch
price_per_sqft$198.49 / sqft
Year BuiltBuilt in 2002

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size77.42 acres

Building Information

Year Built2002

Land Information

APNR41830
SubdivisionWright, Jemima
Land UseResidential
Legal DescriptionA360 WRIGHT, JEMIMA, ACRES 77.420 (28X52 NASHUA MOBILE HOME, SERIAL # 55283TXK220248XX, TITLE # 01224692, LABEL # TEX0319881)
Census Tract950505
Assessed Land Value$22,931
Assessed Improvement Value$53,024
Assessment Year2025

About this property

At the end of the quiet Blue Sky Dr., you will find Ag-exempt and unrestricted land of wide open spaces littered with gorgeous Oaks, surrounded by character-filled wooded areas in a tranquil pocket of the Camp Swift area in NE Bastrop County! Ideally located just off Hwy 95 for commuting, weekend getaways, or future growth in a hard-to-beat location just minutes from both the charming vibrancy of a blossoming Bastrop and the equally growing area of Elgin, this exceptional 77-acre property offers functional utility with the best of both worlds: quiet country living, yet close proximity to amenities. It's the perfect blend of nature and utility — 77+ acres with monster trees, lush pasture, and a gently rolling terrain presenting the options to build, ranch, develop, or just breathe. The land unfolds across gently rolling topography, with wide-open pastured areas ideal for grazing, farming, and/or future homesites. Rolling pastured areas are seamlessly interwoven with pockets of mature oak trees and shaded groves that lend character, seclusion, and a sense of timeless Texas beauty. It's easy to envision a working ranch, functioning horse property, weekend retreat, or even a residential development being in the path of future growth and next door to an incoming housing development with a possible tie-in to the new subdivision's utilities that are being brought to that site. The fertile soil, established grasses, and natural shade offer excellent conditions for livestock, recreation, or single-family residential purposes....this tract just checks a lot of the boxes!

Investor Tools

Property Icon
$275,000
Estimated Property Value
$0Estimated Mortgage Balance
$275,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$8,085 /month
Positive
Cash Flow Estimate:
$2,695 /month

Interested in this property?

Johnny Duke

Douglas Elliman Real Estate

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$209/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,139
$75,955
2025
$22,931
$53,024
$903,644
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,139
$75,955

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$262,000
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Bastrop

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147 Blue Sky Dr | Property Details | No Agent List