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.