349 Ponderosa RD, Bastrop TX 78602
Bastrop, TX 78602 · Highsmith, A M
Single Family Residence for sale in Highsmith, A M
Overview
Property Description
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. Showings Available from 9AM - 1PM on Thursdays. Must schedule through Showingtime.
Financial Info
- Price
- $499,000
- $ / Sqft
- $197
- HOA
- None
- Tax Rate
- 1.3611%
- Est. Taxes
- $3,969.6
- Tax Year
- 2023
- Exemptions
- Agricultural, Homestead
Legal Info
- Address
- 349 Ponderosa RD
- County
- Bastrop
- City
- Bastrop
- State
- TX
- Zip
- 78602
- Subdivision
- Highsmith, A M
- Legal Description
- A39 HIGHSMITH, A. M. , ACRES 3.0000
- Parcel
- 64389
Interior Features
- Floor
- Concrete
- Num Living
- 1
- Dining
- 1
- Appliances
- Dishwasher, Disposal, Oven
- Laundry
- Laundry Room
- Master Bed
- Primary Bedroom on Main, Walk-In Closet(s)
- Master Main
- Yes
- Fireplaces
- 1
- Fireplace Description
- Family Room, Wood Burning
- Interior Features
- Primary Bedroom on Main, Walk-In Closet(s), None
General Info
- Beds
- 4 Total / 4 Main Level
- Full / Half Baths
- 2 / 0
- Prop Type
- Residential
- Property Type
- Single Family Residence
- Stories
- 1
- Year Built
- 2006 / Resale
- Square Feet
- 2,538 / Public Records
- Garage Desc
- Driveway, Private
- Foundation
- Slab
- Roof
- Composition
- Construction
- Brick, Concrete, Vinyl Siding
- Acres
- 3.00
- Lot Description
- Agricultural, Back Yard, Private, Trees-Medium (20 Ft - 40 Ft)
- Restrictions
- City Restrictions
- Flood Plain
- No
- View
- Pasture, Trees/Woods
- Water Access
- No
- Waterfront
- No
- Area
- SV
Utility Info
- Water
- Private
- Sewer
- Septic Tank
- Utilities
- Electricity Connected, Sewer Connected, Water Connected
- Heat
- Central
- A C
- Central Air
Exterior Features
- Fence
- Back Yard, Barbed Wire, Wood
- Exterior Features
- Outdoor Grill, Private Entrance, Private Yard, Covered
- Pool On Property
- Yes
- Area Amenities
- None
Price history
| Date | Event | Price | Change |
|---|---|---|---|
| Sep 19, 2026 | Pending | — | |
| Sep 10, 2026 | Active Under Contract | — | |
| Jul 25, 2026 | New Listing | — |
Taxes
- Owner
- SABET, ALEENA
- Legal
- A39 HIGHSMITH, A. M. , ACRES 3.0000
- Geo ID
- 64389
- Acreage
- 3.00
- Exemption Type
- None on record
- T1
- BASTROP COUNTY
- T2
- SMITHVILLE ISD
- T6
- BASTROP COUNTY EMERGENCY SVC DIST #3
- T7
- COUNTY ROAD FM
- MLS estimated annual taxes
- $3,969.6
- MLS tax year
- 2023
- CAD estimated taxes
- $4,908.96
- CAD source year
- 2026
| Year | Land | Improvements | Market | Appraised | Assessed |
|---|---|---|---|---|---|
| 2026 | $105,000 | $228,671 | $333,671 | $333,671 | $333,671 |
| Capped | Taxable | Assessed | Land HS | Imp HS | CAD Est. Tax | Taxing Unit |
|---|---|---|---|---|---|---|
| $333,671 | $333,671 | — | — | — | $1,169.48 | BASTROP COUNTY |
| $333,671 | $333,671 | — | — | — | $3,144.85 | SMITHVILLE ISD |
| $333,671 | $333,671 | — | — | — | $333.67 | BASTROP COUNTY EMERGENCY SVC DIST #3 |
| $333,671 | $333,671 | — | — | — | $260.96 | COUNTY ROAD FM |
Disclaimer: Tax data provided by Bastrop Central Appraisal District (2026 Bastrop CAD external export (supplied snapshot; source year not labeled)).
Schools
School Info
- District
- Smithville ISD
- Elementary
- Smithville
- Middle
- Smithville
- High
- Smithville
Maps
Financing
Your preferences
- 20% down
- Conv/Jumbo
- 30 years
- 6.50% rate
Saved on this device
Estimated monthly payment
$3,270 / mo
20% down · 6.50% interest · 30-year fixed
Estimated monthly payment $3,270
- Principal & interest
- $2,523
- Property taxes
- $331
- Homeowners insurance
- $416
*PITI only
These figures are estimates for general information only — not a loan offer, a quote, or a guarantee of financing terms.
| Year | Starting balance | Principal paid | Interest paid | Ending balance | Principal vs interest |
|---|---|---|---|---|---|
| 1 | $399,200 | $4,462 | $25,817 | $394,738 | |
| 2 | $394,738 | $4,761 | $25,518 | $389,977 | |
| 3 | $389,977 | $5,080 | $25,199 | $384,898 | |
| 4 | $384,898 | $5,420 | $24,859 | $379,478 | |
| 5 | $379,478 | $5,783 | $24,496 | $373,695 | |
| 6 | $373,695 | $6,170 | $24,109 | $367,525 | |
| 7 | $367,525 | $6,583 | $23,695 | $360,942 | |
| 8 | $360,942 | $7,024 | $23,254 | $353,917 | |
| 9 | $353,917 | $7,495 | $22,784 | $346,423 | |
| 10 | $346,423 | $7,997 | $22,282 | $338,426 |
- Year 1$394,738
- Principal paid
- $4,462
- Interest paid
- $25,817
- Starting balance
- $399,200
- Year 2$389,977
- Principal paid
- $4,761
- Interest paid
- $25,518
- Starting balance
- $394,738
- Year 3$384,898
- Principal paid
- $5,080
- Interest paid
- $25,199
- Starting balance
- $389,977
- Year 4$379,478
- Principal paid
- $5,420
- Interest paid
- $24,859
- Starting balance
- $384,898
- Year 5$373,695
- Principal paid
- $5,783
- Interest paid
- $24,496
- Starting balance
- $379,478
- Year 6$367,525
- Principal paid
- $6,170
- Interest paid
- $24,109
- Starting balance
- $373,695
- Year 7$360,942
- Principal paid
- $6,583
- Interest paid
- $23,695
- Starting balance
- $367,525
- Year 8$353,917
- Principal paid
- $7,024
- Interest paid
- $23,254
- Starting balance
- $360,942
- Year 9$346,423
- Principal paid
- $7,495
- Interest paid
- $22,784
- Starting balance
- $353,917
- Year 10$338,426
- Principal paid
- $7,997
- Interest paid
- $22,282
- Starting balance
- $346,423
Nearby
Courtesy of LoKation Real Estate, LLC · (972) 502-9095
Listings courtesy of ACTRIS as distributed by MLS GRID.