#1 Austin Board of Realtors Team 2024#1 Austin Board of Realtors Team 2024
Rare opportunity to own a private 3-bedroom, 2-bath home on over 2 acres in a highly desirable location between Bastrop and Elgin, TX. This extremely private property offers the perfect blend of country living with convenient access to town, shopping, dining, and major employers.
The home features beautiful wood craftsmanship, warm natural finishes, and spacious covered porches ideal for relaxing, entertaining, or enjoying peaceful Hill Country views. The expansive acreage provides ample space for an additional dwelling, guest house, workshop, or RV hookup, making this property ideal for multigenerational living, short-term rental potential, or homestead use.
With no close neighbors, usable land, and flexible possibilities, this property is well-suited for buyers seeking privacy, acreage, and expansion potential—a combination that is increasingly hard to find in Bastrop County.
Property Type
Residential
Year Built
1972
Lot Size
2.03 acres
$/Sq Ft
$124
Garage
6 spaces
Pool
Yes
Listed by All City Real Estate Ltd. Co
Property Details
Features
Appliances
Flooring
Features
Construction
Lot Features
Fencing
Foundation
Patio / Porch
Parking
Waterfront
Verified property facts
339 Cool Water DR is listed at $339,999 with 4 bedrooms, 2 full bathrooms, 2,739 square feet, 2.03-acre lot.
339 Cool Water DR is zoned for Bastrop ISD with assigned schools: Lost Pines (2/10) (elementary), Bastrop (6/10) (middle), Bastrop (8/10) (high). School assignments should be verified directly with the district.
339 Cool Water DR is in Lake Bastrop Club and Lake Bastrop Acres, Austin, Texas.
339 Cool Water DR is a Residential built in 1972 featuring 4 bedrooms, 2 full bathrooms, 2,739 square feet, 2.03-acre lot.
339 Cool Water 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.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
25+ years advising buyers and sellers in this community
Pending 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. Ratings from GreatSchools.org.
20% ($68K)
$339,999
Luxury property intelligence
A sourced read on Lake Bastrop Club and Lake Bastrop Acres pricing, timing, and property scale. No automated valuation claim.
List price
$339,999
Price per sqft
$124/sqft
Vs. Lake Bastrop Club and Lake Bastrop Acres median
Not available
Days on market
165 days
Original to current
$39K reduction
$379K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Jun 22, 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
The most recent annual property tax for 339 Cool Water DR is $5,122. Texas has no state income tax, so property taxes are a primary revenue source. Rates vary by jurisdiction and exemptions. Verify current amounts with the county appraisal district.
With 20% down ($68,000) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 339 Cool Water DR is around $2,191 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
At $339,999, 339 Cool Water DR is in the Lake Bastrop Club and Lake Bastrop Acres market where there are currently 329 active listings in 78602. The Keenan Group has completed 2 transactions in 78602 as part of 1,000+ career sales totaling $1B+ across Austin.
339 Cool Water DR was built in 1972 (54 years ago). Buyers should budget for potential updates to major systems.
339 Cool Water 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.
8 events on record
Current Price
$399,000
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
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