Lot 2

Address: Adjacent to: 227 Hoffman Road, Bastrop, TX 78602

Price (Cash or with 3rd Party Lender): $449,000

Price (with Seller Financing): $463,000

Monthly Payment: $5,078.85
Interest Rate: 12.50%
Term: 15 Years

Description: Welcome to this amazing 5-acre property located just 1.5 miles (an easy bike ride) from the charming DOWNTOWN of Bastrop, Texas with NO RESTRICTIONS. The property is flat and easy to build on. Towards the rear of the property is bluff with a perfect home site where you would have views for miles and is elevated over the valley behind, and also has an amazing view of the pond next door (so large it’s more of a lake) where ducks and geese often land. SELLER FINANCING is available at a price of $463,000 with 11% down at 12.5% for 15 years. There are unlimited other home sites as well for a second home. Collect fresh eggs from your chickens every morning/ raise some sheep… and then head into one of Bastrop’s many restaurants for brunch or a craft beer at a local watering hole. There is also a barn/garage/carport on the property with a portion already having a concrete slab and garage doors. This property offers the best of both worlds, with the peace and serenity of country living and the convenience of city living. As you approach the property, you will notice that the property has a high end vinyl gate along Hoffman Road with a formal gate entrance ready for your future electronic gate. Upon entering, you will be greeted by a lush landscape of pasture, mature trees, and rolling hills that highlight the beautiful terrain and create a breathtaking backdrop for this idyllic property. Enjoy the beauty of Texas nature and the peace and serenity of country living, all while being just a short drive from the vibrant downtown of Bastrop. Buyer will need to install a well (the property next door has one and it has great water pressure), and this well will allow the entire 5 acres to be irrigated without having to pay a utility for monthly water use. Electric is available. Septic needed. The property is 1.5 miles to Downtown Bastrop & Buc-cees/ Hwy 71 & you can walk/ ride your bike to Bastrop’s restaurants, brewery, movie theaters, & shopping. And, if you have children, you’re minutes from the Elementary school & middle school & your kids can walk to the High School w/o breaking a sweat (only 0.5 miles away)! This property is within the Houston Toad habitat area (see info in the Toad Habitat info Section below), which means that even though only 5+ acres (which usually doesn’t quality), this property can receive a Wildlife Exemption (MINIMAL TAXES on the land) when an Owner participates in conservation efforts. Buyer to verify all utilities & toad habitat. This property truly has it all. Don’t miss out on the opportunity to own a piece of the Texas dream. Contact us today to schedule a private tour.

Property Features:

Large & level property
Gorgeous Valley Views from Rear
Large Oaks & Elms
Cleared Areas for Homes w/ Large Yards
Large Barn & Garage Included

Switch to:

Hoffman, Lot 3

Hoffman, Lot 4

Hoffman, Lot 5

WHAT UTILITIES ARE INCLUDED?

Buyer will need to install a well. The cost of a well is ~$16,000, but then water usage is essentially unlimited forever for only the cost of electricity to run the well pump. Installing a well is a good option for larger properties like this as the entire property can be irrigated without paying for monthly water usage. Electricity is available through Bluebonnet Electric. Buyer will need to have Bluebonnet drop an electric pole where desired. Cost for a pole is ~$2,000. Buyer to verify.

ARE THERE ANY RESTRICTIONS?

No

CAN I BUILD MORE THAN 1 HOUSE?

City/ County codes ultimately dictate number of dwellings. There are no property deed restrictions limiting the number of homes that can be built.

CAN I HAVE A MANUFACTURED HOME?

There are no restrictions to use. Residential is preferred. Site-Built homes, tiny homes, double-wide & triple-wide manufactured homes, modular homes, and barndominiums are all preferred. Single-wide manufactured homes are discouraged. Please contact Seller with any questions.

WHAT KIND OF HOME CAN I PUT ON THE PROPERTY?

There are no restrictions to use. Residential is preferred. Site-Built homes, tiny homes, double-wide & triple-wide manufactured homes, modular homes, and barndominiums are all preferred. Single-wide manufactured homes are discouraged. Please contact Seller with any questions.

IS THERE AN HOA?

No HOA

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