318 Grey Wolf Ln, Bastrop, TX, 78602
About This Home
Some properties offer land. This one offers a way of life. Discover nearly 62 unrestricted, AG-exempt acres in the heart of the Texas Lost Pines—a private, self-sustaining family compound designed for generations to enjoy. The property features three separate residences totaling approximately 6,048 square feet, thoughtfully positioned to provide privacy while keeping everyone connected. Whether accommodating extended family, guests, or multiple generations, each home has its own space to enjoy. The 2,400 sqft barndominium serves as the centerpiece of the ranch, offering 3 bedrooms, 2 bathrooms, a spacious workshop, and an adjoining party barn built for entertaining. A 1,984 sqft double-wide home features 3 bedrooms, 2 bathrooms, and a covered carport, while the 1,664 sqft single-wide offers 3 bedrooms, 2 bathrooms, an expanded living area, and a front porch overlooking one of the property's stocked fishing pond. Two water wells supply the ranch, while two stocked fishing ponds create a peaceful setting just steps from your back door. All water rights convey with the sale. The ranch is fully equipped with two metal barns, livestock pens, feed and tack storage, workshop space, a chicken coop, hunting blind, covered parking, and the infrastructure already in place for livestock, recreation, or everyday country living. Whether you're searching for a multigenerational estate, working ranch, recreational retreat, or private family compound, this property is ready from day one. Conveniently located just 15 minutes from Downtown Bastrop, 15 minutes from Highway 290, and approximately 45 minutes from Austin. Square footage is approximate and provided by Seller. Built for generations. Ready for the next.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Property condition: Resale
- Year built: 2015
Materials
- Foundation: Pillar/Post/Pier,Slab,See Remarks
- Roof: See Remarks, Aluminum
Type & Style
- Home type: SingleFamily
- Property subType: Farm
Interior
Appliances
- Appliances included: Cooktop,Dishwasher,Disposal
Bedrooms & Bathrooms
- Bedrooms: 9
- Bathrooms: 6
- Full bathrooms: 6
- Main level bedrooms: 9
Features
- Breakfast Bar,High Ceilings,Double Vanity,Eat-in Kitchen,Kitchen Island,See Remarks
- Window features: None
- Flooring: Carpet,Concrete,Tile,Vinyl,See Remarks
Heating & Cooling
- Heating features: Central
- Cooling features: Central Air
Interior Area
- Total interior livable area: 6,048 sqft
Property
Accessibility
- Accessibility features: None
Details
- Parcel number: 33294
- Special condition: Standard
Features
- Levels: One
- Stories: 1
- Patio & porch: Patio,Porch,See Remarks
- Exterior features: See Remarks
- Fencing: Barbed Wire, Livestock, Wood
- Has view: Yes
- View description: Pasture,Pond,Rural,Trees/Woods
- Has water view: Yes
- Water view: Pond
- Waterfront features: Pond
Lot
- Lot size: 61.90 Acres
- Features: Agricultural,Private
Parking
- Total spaces: 1
- Parking features: Carport,Open,Outside
- Attached garage spaces: 1
- Covered spaces: 1
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Tornado
- Cold Wave
- Hail
- Heat Wave
- Inland Flooding
- Lightning
- Strong Wind
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters Across Texas Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $15,144 | $181,728 |
| Home Insurance * | $1,552 | $18,624 |
| Property Taxes | $697 | $8,364 |
| Electricity | $664 | $7,969 |
| Total | $18,057 | $216,684 |
Income You'd Need if You Spent...
Texas FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-06-25 | Listed for sale | $2,995,000 |
| 2025-11-01 | Listing removed | $2,500,000 |
| 2025-03-26 | Price change | $2,500,000 |
| 2024-11-18 | Listed for sale | $2,600,000 |
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