Turn Key Property Group
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349 Ponderosa RD

Active

Bastrop, TX 78602

LoKation Real Estate, LLC · MLS# 7824194 · Active

$499,000

$197/sqft

Beds

3

Baths

2

Sq Ft

2,538

Acres

3

Built

2006

Type

Single Family

About This Home

Investment Opportunity Meets Hill Country Living on 3 Acres Discover the perfect blend of lifestyle and investment potential at 349 Ponderosa Rd in Bastrop. Situated on 3 beautiful acres, this unique property offers privacy, room to grow, and endless possibilities. Whether you’re searching for a spacious personal residence or a turnkey income-producing property, this home delivers exceptional versatility with plenty of space for future improvements, additional structures, recreational amenities, or customized outdoor living. Inside, you’ll find bright, open living spaces filled with natural light, soaring ceilings, rustic-modern finishes, and expansive windows that create a warm, inviting atmosphere. The converted garage adds approximately 320 square feet of additional living space, making it ideal for a fourth bedroom, game room, home office, gym, or flex space to suit your needs. Step outside to your own private retreat featuring a sparkling in-ground pool with a waterfall, generous patio space for entertaining, and peaceful country views. With 3 acres of usable land, there’s ample room to build a workshop, guest house, additional garage, outdoor entertaining areas, or simply enjoy the extra space and privacy. For investors, this property is already occupied by a corporate leasing company, providing immediate rental income and demonstrating strong appeal for executive and corporate housing. The home has an established rental history and offers flexibility for continued investment or future owner occupancy.

Interior

Features
Primary Bedroom on Main, Two Primary Closets, Walk-In Closet(s)
Appliances
Dishwasher, Disposal, Oven
Flooring
Concrete
Cooling
Central Air
Heating
Central
Fireplaces
1
Levels
One

Exterior & Lot

Exterior
Outdoor Grill, Private Entrance, Private Yard
Lot
Agricultural, Back Yard, Private, Trees-Medium (20 Ft - 40 Ft)
Parking
Driveway, Private
Pool
In Ground
Private pool
Yes
Fencing
Back Yard, Barbed Wire, Wood
View
Pasture, Trees/Woods
Condition
Resale

Community & Schools

Elementary
Smithville
Middle
Smithville
High school
Smithville
District
Smithville ISD

Location

349 Ponderosa RD · Bastrop, TX 78602

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$499,000

349 Ponderosa RD

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