Skip to content
Keenan Group#1 Austin Board of Realtors Team 2024
TBD (88.852 Acres) Smith Rd, photo 1 of 40, Bastrop, Bastrop, TX
Pending

$4,000,000

88.85 acresLot
Pending

TBD (88.852 Acres) Smith Rd, Bastrop, TX 78602

Bastrop·MLS# 1820084

— bed, — bath on 88.85 acres in Bastrop. Bastrop, TX 78602. $4,000,000. Bastrop ISD.

About This Home

Transitional land opportunity consisting of +/- 88.852-acres lying within the Bastrop Statutory ETJ. This land is adjacent to Section 1 of the Woodrun Subdivision which was the Phase 1 of a deed restricted, residential development consisting of 44, 1-acre lots - all sold out quickly in 2019. This +/- 88.85 acres was originally the 2nd and 3rd phases of the same residential development, but is now offered as an opportunity for a developer to take over with a new set of plans for a much needed, residential community to fulfill the exponential growth occurring in Bastrop. This property lies off Smith Road with four (4) separate access points off this paved, county maintained road. Infrastructure includes a 6 inch water main line along Smith Road with fire hydrants serviced by AQUA Water. Current owner had previously reserved capacity for 62 water meters with AQUA Water for the development of this +/- 88.85 acres. Bluebonnet Electricity is also located along Smith Road with capacity for future development. Utility availability and current capacity to be independently verified by buyer. There is opportunity here for new manufactured homes or a site built home community. Located minutes from the City of Bastrop, Approximately 20 miles to ABIA and Downtown Austin and an even easier commute to The Boring Company, Space X, The Hyatt Lost Pines Resort & Spa and Tesla. Bastrop County features 2 State Parks and 3 golf courses.

Property Type
Land
Lot Size
88.85 acres

Listing information last updated March 16, 2026.

Listed by Armstrong Properties

MLS# 1820084 • Pending

IDX inquiries: Keenan Group at Compass · (512) 415-7653

Highlights

Generous 88.85-acre lot
Public Maintained Road
Trees-Heavy
Trees-Large (Over 40 Ft)
Many Trees
Trees-Medium (20 Ft - 40 Ft)

Facts & Features

Exterior & Lot

Lot Features

  • Public Maintained Road
  • Trees-Heavy
  • Trees-Large (Over 40 Ft)
  • Many Trees
  • Trees-Medium (20 Ft - 40 Ft)
Lot Size
88.85 Acres
Financial
Original List Price
$4,000,000
Utilities
  • Electricity Available
  • Water Available
Water Source
Public

Transaction History

1 record on file

Every recorded listing, sale, and lease at TBD (88.852 Acres) Smith Rd, whoever represented it.

  1. PendingListed 2023
    Current price: $4,000,000Original list: $4,000,000MLS 1820084

Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.

Price & Listing History

Listing timeline with current price, original ask, and market time.

View Timeline
Current list
$4,000,000
Original list
$4,000,000
Price movement
No verified reduction
Listed / DOM
Sep 29, 2023 · 334 days
Map showing TBD (88.852 Acres) Smith Rd
TBD (88.852 Acres) Smith Rd
Directions

Zoned Schools

Bastrop ISD

1 High School1 Middle School1 Elementary School

Bastrop

High SchoolGrades 9-12Zoned assignment

Bastrop

Middle SchoolGrades 6-8Zoned assignment

Mina

ElementaryGrades K-5Zoned assignment

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.

Principal & interest
$22,156

Excluded from this estimate: property taxes, home insurance, and HOA dues. Each requires verified amount, cadence or unit, source, and as-of details.

20% ($800K)

Adjustable assumption - not a lending recommendation.

$4,000,000

Loan: $3.2M
Mortgage rate%
Payoff: ~2056
Rate source: Freddie Mac 30-year fixed average (PMMS via FRED), as of 2026-10-15
Get Pre-Qualified

Luxury property intelligence

Keenan Market Position

A sourced read on Bastrop pricing, timing, and property scale. No automated valuation claim.

List price

$4,000,000

Price per sqft

Not available

Vs. Neighborhood guide reference price

Not available

Days on market

334 days

Original to current

No verified reduction

$4M original

Active inventory context

Ask for current inventory

Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 15, 2026.

Request Private Market Analysis

More sales nearby

Homes sold by Keenan Group.

Verified property facts

Frequently Asked Questions

How much is TBD (88.852 Acres) Smith Rd?

TBD (88.852 Acres) Smith Rd is listed at $4,000,000 with 0 bedrooms, 88.85-acre lot. This places it above the ZIP 78602 single-family closed-sale median price of $379,945 (ZIP 78602 geography · single-family closed sales · median sale price · trailing 12 months as of Oct 15, 2026).

What school district is TBD (88.852 Acres) Smith Rd in?

TBD (88.852 Acres) Smith Rd is zoned for Bastrop ISD with assigned schools: Mina (elementary), Bastrop (middle), Bastrop (high). School assignments should be verified directly with the district.

What are the property taxes for TBD (88.852 Acres) Smith Rd?

The most recent annual property tax for TBD (88.852 Acres) Smith Rd is $27,544. 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.

How should a buyer estimate the monthly payment for TBD (88.852 Acres) Smith Rd?

This page does not assume a mortgage rate or publish a monthly payment for TBD (88.852 Acres) Smith Rd. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.

How does TBD (88.852 Acres) Smith Rd compare with other homes in Bastrop?

As of Oct 15, 2026, TBD (88.852 Acres) Smith Rd is offered at $4,000,000. The current MLS snapshot shows 322 active listings in 78602. Keenan Group has completed 2 verified transactions in 78602 within its 1,000+ completed transactions and $1B+ career volume across Austin.

Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.

Why Choose the #1 Austin Board Team for Bastrop

#1 ABoR Team 20241,000+ Career SalesCompass Luxury Collection Specialist

#1 Austin Board of Realtors Team. 1,000+ homes sold and $1B+ in career sales over 25+ years in Austin.

25+ years advising buyers and sellers in this community

Unlock MLSMLS GRID

Listing courtesy of Unlock MLS as distributed by MLS GRID. Information deemed reliable but not guaranteed. Neither the listing broker nor Compass RE Texas, LLC shall be responsible for any typographical errors, misinformation, or misprints.

IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS, as amended from time to time.

Based on information submitted to MLS GRID as of 10/15/2026, 1:07:20 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Use or search of this IDX data by anyone other than a consumer looking to purchase real estate is prohibited. Automated collection, scraping, republication, or redistribution is prohibited.

Last updated: 10/15/2026, 1:07:20 PM

DMCA Notice · Privacy Policy · Terms