123 & 235 El Camino River Rd, Bastrop, TX 78602

This is an incredible opportunity to own two riverfront properties—for a total of four units—just minutes from Historic Downtown Bastrop and the new 204 Movie Studios. Each property features a main house and a guest apartment over the garage, private river access, and multiple gathering spaces on generously sized parcels, each measuring approximately 1.3 acres. 123 El Camino River Rd (Main house: 1 bedroom with a king size bed; 2 bedrooms with 1 queen bed each, 3 full- and one half-baths; Garage apartment 1 room with a queen bed, a loft with 2 twin beds and 1 full bath). 235 El Camino River Rd (Main house: 1 bedroom with a king size bed; 2 bedrooms with queen beds, 1 bedroom with a day bed and trundle, and 2 full bathrooms; Garage apartment: 1 room with a queen bed and 1 full bath). All dwellings are active short-term rental units and can be booked individually or together. While the two properties are listed for sale separately, this is a special package opportunity to purchase both at a discounted price. Please note that advance notice is required to schedule showings between guest stays, and proof of funds must be provided prior to confirming your appointment.

This rare riverfront portfolio spans two adjoining parcels totaling 2.7742 acres along the Colorado River in Bastrop, offering four distinct income-producing units positioned minutes from Historic Downtown Bastrop and the newly developed 204 Movie Studios. The package includes two primary residences with attached guest quarters, each meticulously configured for active short-term rental operations that have established strong booking performance.

The main residence at 123 El Camino River Rd presents three bedrooms across its primary structure, with a king bed in the master suite and queen beds in secondary bedrooms, supported by three full baths and one half bath. The detached garage apartment adds a queen bedroom with an additional loft featuring twin beds and full bath, creating flexible guest accommodations. Across the river access at 235 El Camino River Rd, the main house offers four bedrooms including a king-bedded master, two queen-bedded secondaries, and a bedroom with day bed and trundle configuration, served by two full baths. This property's garage apartment mirrors the queen-bedroom-and-full-bath format of its counterpart.

Both properties command direct Colorado River access, a critical distinction in the Bastrop market where riverfront holdings remain exceptionally limited. The 1.3871-acre parcels provide genuine privacy and separation from the surrounding Bastrop neighborhood while maintaining convenient proximity to Bastrop State Park and downtown's recreational and dining corridor. Built in 1994, the structures reflect the era's residential construction standards and have been actively maintained through the demands of hospitality use.

The investment mechanics are straightforward: each unit operates independently on established booking platforms, allowing buyers to either manage the properties as a cohesive four-unit operation or operate them separately. Current configuration demonstrates the properties' rental-viable appeal and income sustainability. The discount pricing structure for dual acquisition reflects the operational efficiency of consolidated ownership and the scarcity of riverfront acreage in Bastrop County with this combination of accessibility and seclusion.

This package opportunity represents the convergence of residential equity potential and proven income generation along one of Central Texas's most desirable river corridors. Ownership at 123 and 235 El Camino River Rd positions an investor at the intersection of Bastrop's entertainment and hospitality growth trajectory while maintaining the privacy and river legacy that defines established Texas estate living.