1880 E Highway 21
About This Property
• 10.362 acres, fully fenced with a gated entrance and Highway 21 frontage
• 4-bedroom, 2-bath main residence | approximately 2,800 sq. ft. | built in 2021
• Single-story layout with tile flooring throughout and no carpet
• Kitchen featuring a center island and open living space
• Primary bathroom with dual vanities and a walk-in shower
• Covered front porch and covered back patio
• Public water and private septic system
• Massive 100' x 80' garage/workshop
• Separate office located inside the garage
• Two detached ADUs tucked into the wooded portion of the property
• One ADU is fully furnished and configured as a studio with a kitchenette and full bathroom
• Second ADU is framed and plumbed, offering an opportunity for the next owner to complete it to fit their needs
• Private shooting range located on the property
• Former BMX course/trail system winds through portions of the acreage and is currently overgrown, offering potential to reclaim it for recreation or trails
• Front portion of the property is largely cleared and open, while the rear offers tree coverage and additional privacy
The property sits just east of Bastrop along the Highway 21 corridor, with direct access toward both Bastrop and Giddings. Its location also provides convenient access to the growing Central Texas employment corridor.
With a 2,800-square-foot main home, approximately 8,000-square-foot garage/workshop, two detached ADUs, recreational improvements, and more than 10 fenced acres, 1880 Highway 21 E offers a level of space and versatility that is difficult to replicate.
Listed By
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 30, 2026 | Listed by Epique Realty LLC | $1,250,000 | |
| Listed by Epique Realty LLC | |||
| Aug 28, 2026 | Withdrawn | - | |
| Withdrawn | |||
| Mar 21, 2026 | Price Decreased |
$1,250,000
↓ $149K
(10.7%) | |
| Price Decreased | |||
| Feb 2, 2026 | Price Decreased |
$1,399,000
↓ $100K
(6.7%) | |
| Price Decreased | |||
| Jan 8, 2026 | Listed by eXp Realty, LLC | $1,499,000 | |
| Listed by eXp Realty, LLC | |||
| |||
|
UNRESTRICTED 2022 Custom Estate on 10.3 Acres with Guest Homes + Workshop —
Set on 10.3 acres on the eastern edge of the Texas Hill Country, this 2022 custom-built home offers privacy, functionality, and modern design surrounded by mature oaks and pines, with dense tree coverage at the rear of the property.
The main residence features an open-concept living, dining, and kitchen layout filled with natural light and expansive views of the land. Tile flooring and elegant tray ceilings run throughout, creating a clean, cohesive aesthetic. The kitchen is anchored by a large island with custom cabinetry and granite countertops, designed for both daily living and entertaining.
The spacious primary suite includes a well-appointed en suite bath with dual vanities and a designer walk-in shower. Three additional bedrooms and a second full bath provide flexibility for family or guests.
The property is thoughtfully improved with a massive 100 ft x 80 ft shop featuring 12-foot roll-up doors and a bonus room ideal for an office or flex space. Fully fenced with no HOA, the land is suitable for horses and includes established gun ranges, a chicken coop, and ample outdoor space for recreation and gatherings.
Two separate guest homes with studio-style layouts, kitchens, laundry, and bathrooms offer excellent potential for short-term rentals, long-term income, or multigenerational living.
Ideally located just off Highway 21, approximately 5 minutes from Highway 290 and 10 minutes from the rapidly developing Bastrop area, this property offers a rare blend of accessibility, privacy, and versatility.
A rare opportunity combining modern construction, acreage, and exceptional flexibility.
[Buyer and Buyer’s agent to verify all information including square footage, acreage, restrictions, and any other material facts.]
| |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017