— bed, — bath on 141.99 acres in Bastrop. Bastrop, TX 78602. $5,999,999. Bastrop ISD.
About This Home
5% Down - Interest Only - Owner Financing This 142 acre tract, located just east of Tahitian Village, Pine Forest, and ColoVista Country Club, is a prime opportunity for residential development in the booming Bastrop County market. With just 5% down and interest-only owner financing available, this is an ideal chance for investors and developers looking for flexibility and favorable terms. With over 600 feet of paved frontage on Crafts Prairie Road and a 4-inch AQUA waterline already in place at the road, the property is development-ready. Rolling hills, a blend of old-growth and younger pine stands, and scattered mature oaks give the land natural texture and visual appeal. Most of the property enjoys sweeping 180+ degree views of the Colorado River Valley—an uncommon feature in the area that sets this tract apart. Its elevation and layout are ideal for a mix of 1-acre lots and larger estate tracts, with room for thoughtful design and privacy. Lot comps in nearby Tahitian Village, Pine Forest, and ColoVista Country Club range from $60K to $170K per acre, with this property’s topography and views likely commanding prices toward the upper end of that spectrum. The land is less than 10 minutes to Bastrop, Smithville, and Buescher State Park, under 40 minutes to Tesla and ABIA, and just 50 minutes from downtown Austin. ColoVista’s golf course, restaurant, and pool are only 1.5 miles away, making this location a strong fit for both full-time residents and second-home buyers alike. Whether you're planning a high-end community or a long-term investment with income potential, this property offers the access, infrastructure, and natural beauty to make it a success.
At $6.00M for 141.987 acres, TBD Crafts Prairie Rd stands out for scale, paved frontage, and long Colorado River Valley views that are hard to find this close to Bastrop. In Bastrop, this unimproved land tract in Bastrop, TX 78602 gives buyers a large-position opportunity in one of the fastest-moving parts of Bastrop County.
What is it like to own TBD Crafts Prairie Rd? It is a land play with real road access, utility momentum, and terrain that creates usable separation across the site. The property has more than 600 feet of paved frontage on Crafts Prairie Road, and a 4-inch AQUA waterline is already at the road. The landscape mixes rolling hills, pine stands, and mature oaks, which gives future planning more flexibility for homesites, internal road layouts, and view-oriented design. Much of the tract captures broad western and southern outlooks across the Colorado River Valley, a feature that is not common on comparable acreage in this area.
The location works because it balances rural space with practical access. Tahitian Village, Pine Forest, and ColoVista Country Club sit just to the west, putting golf, dining, and an established residential base nearby. ColoVista Golf Club is about 1.5 miles away. Bastrop and Smithville are both less than 10 minutes away for daily needs, restaurants, and services. Buescher State Park is also within about 10 minutes for hiking, biking, and weekend use. Tesla and Austin-Bergstrom International Airport are under 40 minutes away, and Downtown Austin is roughly 50 minutes away, which matters for second-home buyers, Austin commuters, and long-term land investors watching regional growth.
Because this is Land - Unimproved Land, bed, bath, and finished square footage are not listed, and price per square foot does not apply in the same way it would for a built residence. Year built is also not applicable. School district and specific school assignments are not provided in the source data, so buyers should verify current attendance zones directly with the appropriate local authorities.
With 287 days on market, this Bastrop County tract has had time to be understood by the market, and the structure matters: owner financing with 5 percent down and interest-only terms creates unusual flexibility at this price point. For a buyer focused on residential development, estate parcels, or long-hold land value near Bastrop, TBD Crafts Prairie Rd offers the kind of access, topography, and regional positioning that should stay relevant as this corridor continues to grow.
The numbers behind this insight
- Offered at
- $5,999,999
- Listed
- April 24, 2025
- Price changes
- Reduced, down 7.7% from $6,500,000
Keenan Luxury Market Index: $5M-$10M single-family homes across the Austin area sold at a median $990 per sq ft over the trailing 12 months (44 sales), as of October 21, 2026.
- Property Type
- Land
- Lot Size
- 141.99 acres
Listing information last updated May 29, 2026.
Listed by Keller Williams Realty
MLS# 9013330 • Active
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Highlights
Facts & Features
Exterior & Lot
- Agricultural
- Lot Size
- 141.99 Acres
- Pond
Financial
- Original List Price
- $6,500,000
Utilities
- Electricity Available
- Water Available
- Water Source
- Public
Price & Listing History
Listing timeline with current price, original ask, and market time.
- Current list
- $5,999,999
- Original list
- $6,500,000
- Price movement
- $500K reduction
- Listed / DOM
- Apr 24, 2025 · 546 days
Tax Record
Public record data from county appraisal records. Market value can differ from assessed value.
- Assessed Value
- $767,376
- Assessment Year
- 2025
- Year Built
- 1935
- Parcel ID
- 000000112194
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-17.0% | — | $767,376 | — | — |
2024-3.9% | — | $925,000 | $720,000 | $41,400 |
2023+49.1% | — | $962,203 | $720,000 | $205,000 |
2022+25.9% | — | $645,200 | $720,000 | $242,203 |
2021 | — | $512,371 | $324,000 | $321,200 |
Zoned Schools
Bastrop ISD
Bastrop
Bastrop
Bluebonnet
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% ($1.2M)
Adjustable assumption - not a lending recommendation.
$5,999,999
Luxury property intelligence
Keenan Market Position
A sourced read on Bastrop pricing, timing, and property scale. No automated valuation claim.
List price
$5,999,999
Price per sqft
Not available
Vs. Neighborhood guide reference price
Not available
Days on market
546 days
Original to current
$500K reduction
$6.5M original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 15, 2026.
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