Priced well below appraisal value, the 46 acre R Bar R Ranch is an excellent private retreat ready for its next steward to enjoy the endless possibilities. Unrestricted and highlighted by its grand 6-acre lake, this property has many improvements in place making it a true one-of-kind package within Bastrop County. Land: Strategic clearing throughout the R Bar R has left a park-like scenery with scattered trees and improved pastures. Multiple species of mature hardwoods can be found along with native brush giving seclusion to neighboring properties. The topography lends a rolling elevation change of about 30ft from the entrance to the rear of the property giving way to a vibrant scenery overlooking the lake. Improvements: A newer 40ft x 60ft Barndominim shell with a front porch facing the lake is in place, plumbed and partially framed for a 2 bed/2 bath with ample room for a third bedroom and an upstairs loft. A well maintained 1900ft gravel driveway leading all the way to metal structure provides a smooth picturesque ride to your new abode. In addition to the lake there are 2 smaller ponds. There is a custom dock/pavilion providing the perfect setup for entertaining and early morning casts. Utilities are in place including electric, community water, and a well. Good fencing is in place throughout the R Bar R holding livestock year-round with a custom pipe entrance and solar powered gate. There is a 40ft x 35ft metal pavilion that can be used for storage or built out into another structure of use. A chicken coupe along with a smaller storage building convey with the property as well. Water: Giving way with about 530ft of both sides of Bartons Creek which traverses the R Bar R, leads into the iconic 6-acre lake. Never seen dry and stocked with a mature population of trophy Largemouth Bass and crappie. A small Duck Pond next the lake is in place along with another smaller pond located on the adjacent side of the property. 800ft of paved rd frontage!
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Market trends in 78953, TX
Last updated September 2026
Sale-to-List Price
95.8%
0.1% MoM
Median sale price
$910K
$335K MoM
Avg. days on market
100d
45 days MoM
Recently sold homes
1
1 MoM
Provided by Redfin
Sale history for 278 Cstern Rd
Date
Event
Price
Public Records
Aug 18, 2025
Sold
*
Unlock MLS #2180006
Aug 18, 2025
Sold
*
Jul 9, 2025
Contingent
—
May 29, 2025
Listed
$875,000
$380/sq ft
Unlock MLS #1909282
Aug 18, 2025
Sold
*
Mar 19, 2025
Listed
$875,000
$380/sq ft
The 46+/- acre R Bar R Ranch is an excellent private retreat ready for its next steward to enjoy the many possibilities as your next recreational paradise or homestead. Highlighted by its grand 6-acre lake, this property has many improvements in place making it a true one-of-kind package within Bastrop County. Land: Strategic clearing throughout the R Bar R has left a park-like scenery with scattered trees and improved pastures. Multiple species of mature hardwoods can be found along with native brush giving seclusion to neighboring properties. The topography lends a rolling elevation change of about 30ft from the entrance to the rear of the property giving way to a vibrant scenery overlooking the lake. Improvements: A newer 40ft x 60ft Barndominim shell with a front porch facing the lake is in place, plumbed and partially framed. A well maintained 1900ft gravel driveway leading all the way to metal structure provides a smooth picturesque ride to your new abode. In addition to the lake there are 2 smaller ponds. There is a custom dock/pavilion providing the perfect setup for entertaining and early morning casts. Utilities are in place including electric, community water, and a well. Good fencing is in place throughout the R Bar R holding livestock year-round with a custom pipe entrance and solar powered gate. There is a 40ft x 35ft metal pavilion that can be used for storage or built out into another structure of use. A chicken coupe along with a smaller storage building convey with the property as well. Water: Giving way with about 530ft of both sides of Bartons Creek which traverses the R Bar R, leads into the iconic 6-acre lake. Never seen dry and stocked with a mature population of trophy Largemouth Bass, Crappie, and other various species of perch. A small Duck Pond next the lake is in place along with another smaller pond located on the adjacent side of the property. Wildlife: Rest assured there are plenty of species to hunt and enjoy.
HARMLS #24997059
Feb 25, 2025
Listing Removed
—
Oct 29, 2024
Listed
$875,000
$380/sq ft
Year
Property tax
Land + Additions
Assessment*
2026
$2,733 (+35.9%)
2025
$2,010 (+21.2%)
2024
$1,659 (−1.2%)
2023
$1,679 (−11.2%)
2022
$1,891 (−60.3%)
2021
$4,758 (+924.2%)
2020
$465 (+5.5%)
2019
$440
Tax history for 278 Cstern Rd
Year
Property tax
Land + Additions
Assessment*
2026
$2,733 (+35.9%)
2025
$2,010 (+21.2%)
2024
$1,659 (−1.2%)
2023
$1,679 (−11.2%)
2022
$1,891 (−60.3%)
2021
$4,758 (+924.2%)
2020
$465 (+5.5%)
2019
$440
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.