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Reids Bend
Bastrop, TX 78602
Asking Price
$499K
Asset Type
Agricultural Land
Class
Class B
What's Special
Reids Bend Rd, 16.50 acres <p>Just outside the city limits of Bastrop, this 16.5-acre AG-exempt property offers a rare combination of privacy, convenience, and scenic beauty. With rolling elevation changes, sweeping views overlooking town, mature live oaks, and a seasonal creek, the land has exceptional character. Water, sewer, and electric are available, making it an outstanding opportunity for a homesite, small ranch, or investment. Low taxes and a location just minutes from town make this one of the closest small-acrea
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NOI
$80,000
Cap Rate
16.03%
DSCR
2.70
Strong
Cash-on-Cash
33.65%
Monthly Payment
$2,468.78
Annual Cash Flow
$50,374.643
