678 Ponderosa RD, Bastrop, TX 78602

OWNER FINANCED! Incredible river front property. 26 fully usable acres, currently used as a turf farm but can be any type of horse or cow ranch ,food or hay farm or River Front venue. Situated at one of the most perfect get in or get off the river locations between Bastrop and downtown Smithville. Just 3 mile off Highway 71 in Bastrop this property offers a spacious family home with a 2 car garage and a commercial barn. 3 bedroom, 2 1/2 baths oversized living and 2 dining areas on the first level and a bonus flex room upstairs. Freshly painted and new carpet installed on the lower level in April 2025. Roof only 6 years old. Beautiful views of the Colorado River Valley from the high side of the riverbank, yet river level access via a gradual cement stair case to a well fortified concrete and steel dock. There is also an Electric Trolley to bring the boat back up too the top of the bluff. Owner will finance with approved credit and financial statement.

The Colorado River runs through 26 acres of cleared, operational land at 678 Ponderosa Road in Bastrop, making this one of the rare properties in Bastrop County where you can launch a boat, dock it, and return to your house without leaving your property. This is the weekend escape adults actually use.

The main house sits elevated on the riverbank with direct water access via a gradual cement staircase down to a fortified concrete and steel dock equipped with an electric trolley system to haul boats back up the bluff. That dock setup eliminates the logistics that kill weekend plans. Launch in minutes. Fish the Colorado River for catfish and bass without the drive. Return to the house when you want, not when the day-use facility closes. The property supports everything from hunting and ATVing across your own land to operating a working turf farm, hay operation, or horse ranch. The cleared acreage gives you room to move.

The 2,477-square-foot house was built in 1999 and recently updated with fresh paint and new carpet on the main level in April 2025. The roof is six years old. You get four bedrooms, two full baths, and a half bath arranged with primary bedroom on the main floor, an oversized living area, two dining spaces, and a flex room upstairs that works as guest quarters or office. The open floor plan connects the living areas, and a 2-car garage handles vehicles and equipment storage. Covered decking and a rear porch extend the usable living space to overlook the river valley.

The property sits just three miles off Highway 71 in the Woods subdivision near Leander, placing you between Bastrop and Smithville. Kids attend Smithville ISD schools including Brown Primary, Smithville Middle, and Smithville High. The Colorado River is the main amenity here, but Bastrop State Park sits nearby for additional hiking and outdoor recreation if you want a change of pace.

At $1.40 million, or $565 per square foot, you're paying for 26 acres of riverfront with dock infrastructure already installed, not just the house. The property has spent 124 days on market, which in the Bastrop County lifestyle segment reflects how specific this asset is. It's not a weekend home pretending to be a ranch. It's functional waterfront land where weekends actually happen.