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Days575Days on Market
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$2,995,000

318 Grey Wolf Ln, Bastrop, TX, 78602

On MarketInfo
Beds9 Beds
Baths6 Bath
Baths6,048 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$495.21 / sqft
Year BuiltBuilt in 2015

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 9Bedrooms 9
Bathrooms Full 6Bathrooms Full 6
AppliancesCooktop, Dishwasher, Disposal
FlooringCarpet, Concrete, Tile, Vinyl, See Remarks

Exterior

Private PoolPrivate Pool
Lot Size5 acres

Building Information

Year Built2011
Stories1

Land Information

APNR121655
SubdivisionBastrop Town Tract
Land UseResidential
Legal DescriptionA11 BASTROP TOWN TRACT, TRACT 3 FR, ACRES 5
Census Tract950505
Assessed Land Value$34,028
Assessed Improvement Value$123,678
Assessment Year2025

About this property

Some properties offer land. This one offers a way of life. Discover 62± unrestricted, AG-exempt acres in the heart of the Texas Lost Pines—a private, self-sustaining family compound designed for generations to enjoy. The property features three separate residences totaling approximately 6,048± square feet, thoughtfully positioned to provide privacy while keeping everyone connected. Whether accommodating extended family, guests, or multiple generations, each home has its own space to enjoy. The 2,400± sq ft barndominium serves as the centerpiece of the ranch, offering 3 bedrooms, 2 bathrooms, a spacious workshop, and an adjoining party barn built for entertaining. A 1,984± sq ft double-wide home features 3 bedrooms, 2 bathrooms, and a covered carport, while the 1,664± sq ft single-wide offers 3 bedrooms, 2 bathrooms, an expanded living area, and a front porch overlooking one of the property's stocked fishing pond. Two water wells supply the ranch, while two stocked fishing ponds create a peaceful setting just steps from your back door. All water rights convey with the sale. The ranch is fully equipped with two metal barns, livestock pens, feed and tack storage, workshop space, a chicken coop, hunting blind, covered parking, and the infrastructure already in place for livestock, recreation, or everyday country living. Whether you're searching for a multigenerational estate, working ranch, recreational retreat, or private family compound, this property is ready from day one. Conveniently located just 15 minutes from Downtown Bastrop, 15 minutes from Highway 290, and approximately 45 minutes from Austin. Square footage is approximate and provided by Seller. Built for generations. Ready for the next.

Investor Tools

$98,481Estimated Mortgage Balance
$179,315Estimated Equity
67% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$17,970 /month
Positive
Cash Flow Estimate:
$5,990 /month

Interested in this property?

Kevin White

Keller Williams Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$182/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$800
$157,706
2025
$34,028
$123,678
$292,428
No

Tax History

Year
Tax Paid
Assessed Value
2024
$800
$157,706

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Dba Cascade Financial Services
Building Or Construction Loan
$151,966
No
First
May 25, 2011
Jan 2042

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$98,481
$204,519
67%
36%
$912/mo

Learn About the Market: Opportunity in Texas

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Explore

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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318 Grey Wolf Ln | Property Details | No Agent List