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PendingMLS #7824194

349 Ponderosa RD, Bastrop TX 78602

Bastrop, TX 78602 · Highsmith, A M

Single Family Residence for sale in Highsmith, A M

4Bedrooms
2Bathrooms
2,538Square Ft
3.00Acres
0Garage
2006Year Built
1 / 34
$499,000

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

Members only
Days on market
$499,000
List price
0
Price reductions
Pending
Since Jul 25, 2026
Property history3 events
DateEventPriceChange
Sep 19, 2026Pending
Sep 10, 2026Active Under Contract
Jul 25, 2026New Listing

Taxes

General Information
Owner
SABET, ALEENA
Legal
A39 HIGHSMITH, A. M. , ACRES 3.0000
Geo ID
64389
Acreage
3.00
Exemptions
Exemption Type
None on record
Taxing Units
T1
BASTROP COUNTY
T2
SMITHVILLE ISD
T6
BASTROP COUNTY EMERGENCY SVC DIST #3
T7
COUNTY ROAD FM
Tax Summary
MLS estimated annual taxes
$3,969.6
MLS tax year
2023
CAD estimated taxes
$4,908.96
CAD source year
2026
Appraisal Values
YearLandImprovementsMarketAppraisedAssessed
2026$105,000$228,671$333,671$333,671$333,671
Assessments
CappedTaxableAssessedLand HSImp HSCAD Est. TaxTaxing Unit
$333,671$333,671$1,169.48BASTROP COUNTY
$333,671$333,671$3,144.85SMITHVILLE ISD
$333,671$333,671$333.67BASTROP COUNTY EMERGENCY SVC DIST #3
$333,671$333,671$260.96COUNTY 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

List price $499,000
Down payment
Stays 20% if you change the price
Note rate, not APR
From this listing’s tax record
*Estimated only (1% of price / yr)

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.

Principal, interest and balance for each year
YearStarting balancePrincipal paidInterest paidEnding balancePrincipal 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
First 10 of 30 years

Nearby

Courtesy of LoKation Real Estate, LLC · (972) 502-9095

Listings courtesy of ACTRIS as distributed by MLS GRID.