196 Willy RD
About This Property
Nestled among towering pine trees and mature oaks, the 2,579-square-foot, one-story ranch-style home was built in 1986 and enjoys a peaceful, shaded setting surrounded by nature. The home features 4 bedrooms and 2.5 bathrooms, providing plenty of space for comfortable country living. A small detached ADU adds flexibility and works well as a private home office, studio, or dedicated workspace.
The acreage offers a desirable combination of open pasture and wooded areas, creating both expansive and secluded spaces throughout the property. A large pond serves as a beautiful focal point and adds to the property's recreational appeal, while a wet-weather creek provides another natural feature.
The mature pine and oak canopy surrounding the home creates a sense of privacy and seclusion that is increasingly difficult to find. The expansive acreage offers room to enjoy the outdoors, pursue ranch or recreational interests, and create your own vision for the property.
Whether you're seeking a private country residence, ranch property, recreational retreat, or simply the opportunity to own a substantial tract of land in Bastrop, 196 Willy Road offers an exceptional foundation. With its established home, detached ADU, mature trees, pasture, woods, pond, and creek, this distinctive 93-acre property captures the space, privacy, and character of rural Central Texas.
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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 7, 2026 | Listed by Douglas Elliman Real Estate | $2,499,000 | |
| Listed by Douglas Elliman Real Estate | |||
| Jul 13, 2024 | Delisted | - | |
| Delisted | |||
| Jul 11, 2024 | In contract | - | |
| In contract | |||
| Apr 26, 2024 | Listed by AustinRealEstate.com | $1,999,000 | |
| Listed by AustinRealEstate.com | |||
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92.6 acres in Bastrop! Fully fenced property, unrestricted, Agricultural Exemptions, and subdividable. Includes a stock pond and Walnut Creek. Contains multiple structures that could be used as an Airbnb property that sleeps 20. All kinds of wildlife on the property - deer, hummingbirds, cardinals, etc. Walking, horse, and ATV trails throughout the property can be explored and are equipped with Starlink. Party barn, outside firepit area, airstream with adjacent bathroom, and studio included. Can or can not come furnished. Conveniently located within an hour of Austin and near ABIA, COTA, SH 130 Toll, Hyatt Regency Lost Pines Resort & Spa, the new Tesla plant, and the soon-to-be Hollywood Film Studio. Two hours from Houston and San Antonio.
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| Apr 5, 2024 | Withdrawn | - | |
| Withdrawn | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017