Why It May Not Have Sold

The following is speculative analysis based on publicly available market data. There are many reasons a home may not sell that aren't reflected in MLS data, including personal circumstances, property condition, title issues, or simply a change of plans. This analysis looks only at market positioning factors.

$689,000 Ed's Estimate: $1,204,880 $1,204,880
Lowest Comp Recommended List: $1,181,000 to $1,229,000 Highest Comp

Listing History

$2,000,000 List Price
$793,445 Comp Value
0 Price Reductions

This property was listed at $2,000,000 and expired after 61 days on market. This listing activity factors into the valuation.

This home was listed at $2,000,000 and was on the market for 61 days before expiring. Based on comparable sales, the market data suggests a value closer to $1,204,880. Here are some factors that may have played a role: At $638/sqft, the asking price appears to have been significantly above the neighborhood average of $187/sqft. That gap that can deter buyer interest. Coming to market in December may have put this home in a slower seasonal window for the Bastrop area. At $638/sqft, the asking price was 241% above the area median, though there may have been upgrades or features not captured in the data. At 15.50 acres, the lot is larger than the 1.36 acre comp average, which factors into pricing. 7 comparable transactions in JOSIAH WILBARGER support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group
0 Beds
5 Baths 3 Full, 2 Half
3,134 Sq Ft
15.5 Acres
2019 Built
2 Garage

About This Property

Incredible opportunity to own 15.5 acres of private, Ag-exempt land in the high-growth corridor of Bastrop, just 2.3 miles from several Elon Musk owned companies including Starlink/SpaceX, The Boring Company, and X. With prime FM 969 frontage, this property offers great potential for future commercial use, business development, or sectioning off for additional income-producing opportunities. The back acreage offers peaceful seclusion, where a thoughtfully designed 2020 Modern Custom built 3 bedroom, 2.5 bath, 2494 SF, Farmhouse and guest cottage await. The main home features a standing seam metal roof, hardwood floors, hickory custom cabinetry, and an open layout ideal for everyday living and entertaining. The kitchen boasts a 5-burner gas range, walk-in butler’s pantry, and expansive counter space. The primary suite is a private sanctuary with dual walk-in closets, clawfoot tub, and spacious walk-in shower. A dedicated home office and covered back porch add comfort and functionality. Perfect for multi-generational living or guests, the detached 1BD/1.5BA, 640SF Guest Cottage/Casita includes a full kitchen, dining and living area. Landscaped with ornamental trees and Zoysia grass, the estate is sustained by a water well. Additional features include a gated entry, raised gardens, potting shed, cattle pen, and a 60x40 workshop, which has approx. 700 sq ft. climate control area, ideal for hobbies, auto storage, or business needs. Ag exemption is in place via a cattle lease with the adjacent parcel. Showings by appointment only, with minimum 24 Hr. Notice. Proof of funds or lender pre-qual required before scheduling. (Note: SF, Bed/Bath, #Living/Dining is combination of Main House and Guest House)

Location

Schools

School District Bastrop ISD
Middle School Cedar Creek
High School Cedar Creek

Property Details

Property Type Commercial Sale
Flooring Wood
Cooling Electric
Heating Electric
County Bastrop
MLS # 5160788
Garage 2 spaces

Tax Information

Annual Taxes (MLS) $8,343 (2025)

Listing History

MLS# 5160788 61 days (233 CDOM)
Feb 28, 2026 Off Market
Dec 29, 2025 Listed $2,000,000

Frequently Asked Questions About 1307 Fm 969, Bastrop TX 78602

When was 1307 Fm 969, Bastrop TX 78602 built?

1307 Fm 969, Bastrop TX 78602 was built in 2019.

How much does 1307 Fm 969, Bastrop TX 78602 cost?

1307 Fm 969, Bastrop TX 78602 is currently off market.

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