
Here's an MLS-friendly property description that highlights both the flexibility and unique features while being careful not to imply that alternative wastewater systems are automatically permitted (since local regulations should always be verified).
Discover the freedom to create your own private retreat on these two adjacent wooded lots nestled among the towering Lost Pines, just minutes from the south shore of Lake Bastrop. With no deed restrictions, this property offers exceptional flexibility for a custom home, cabin, weekend getaway, or off-grid lifestyle.
A portion of the property has already been cleared and features privacy fencing, providing an excellent starting point for your future plans. A partially completed container build is also included, offering the opportunity to continue the project or customize it to suit your vision.
Water and electricity are available at the road, making utility connections convenient, while the unrestricted setting also lends itself to those exploring independent or off-grid living. A septic system will be needed for traditional development. Depending on your intended use and applicable regulations, buyers may also wish to investigate alternative wastewater management options such as composting, incinerating, or dry-flush toilet systems combined with an approved gray water management system.
Enjoy the peace and privacy of the Lost Pines while being only about two minutes from Lake Bastrop's south shore, where boating, fishing, kayaking, hiking, and camping await. Whether you're looking for a full-time homesite, recreational property, or investment opportunity, these two lots offer a rare combination of location, flexibility, and potential.
Property Type
Land
Lot Size
0.54 acres
Listed by Stanberry REALTORS
Property Details
Lot Features
Waterfront
Verified property facts
126 & 127 Grand Canyon DR is zoned for Bastrop ISD with assigned schools: Mina (elementary), Bastrop (middle), Bastrop (high). School assignments should be verified directly with the district.
126 & 127 Grand Canyon DR is presented by the Keenan Group at Compass Real Estate, the #1 Austin Board of Realtors Team (2024) with 1,000+ career transactions and $1B+ in career volume across Austin's luxury market.
With 20% down ($33,800) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 126 & 127 Grand Canyon DR is around $1,187 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
At $169,000, 126 & 127 Grand Canyon DR is in the Lake Bastrop Pines market where there are currently 343 active listings in 78602. The Keenan Group has completed 2 transactions in 78602 as part of 1,000+ career sales totaling $1B+ across Austin.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
25+ years advising buyers and sellers in this community
Listing timeline with current price, original ask, and market time.

Bastrop ISD
Zoned assignments come from the property school fields available to us. District context schools are shown only when an assigned tier is missing. Contact the school district directly to verify current boundaries and enrollment eligibility.
20% ($34K)
$169,000
Luxury property intelligence
A sourced read on Lake Bastrop Pines pricing, timing, and property scale. No automated valuation claim.
List price
$169,000
Price per sqft
Not available
Vs. Lake Bastrop Pines median
Not available
Days on market
19 days
Original to current
No verified reduction
$169K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Jul 13, 2026.
Request Private Market AnalysisZIP-level neighborhoods, schools, lifestyle, and Austin market context
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Pricing, prep, launch timing, and Compass marketing strategy
#1 ABOR Team 2024 with $1B+ career sales volume
126 & 127 Grand Canyon DR includes verified waterfront access: None. Buyers should confirm shoreline, dock rights, and floodplain status during due diligence.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
Best Match
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Active listings near 126 & 127 Grand Canyon DR
Recent sales for market context