42-Acre Unrestricted Retreat & Hospitality Property | McDade, Texas
Investment-minded buyers take note: the current owners are willing to discuss remaining onsite and managing the property after a sale, creating the possibility of continuity for a buyer interested in developing the property as a hospitality, retreat, short-term-rental, agricultural, event, or creative-production destination.
Rather than acquiring vacant land and starting from scratch, a buyer has the opportunity to acquire an established 42-acre unrestricted property with residences, guest accommodations, recreational amenities, agricultural infrastructure and creative facilities already in place—with experienced ownership potentially available to assist with continued operations and future development.
The property includes a substantial two-story structure with an approximately 5,000-square-foot footprint, high-end finishes and premium appliances; a 2-bedroom/2-bath residence; 4-bedroom/2-bath residence with primary suite; two glamping accommodations; private cabin; covered RV hookups beneath the hay barn; swimming pool; saltwater jacuzzi; pond; gardens; private well; solar infrastructure; approximately 15 irrigated acres; animal facilities; makerspace; and dedicated media studio.
A Property Positioned for What’s Coming
McDade offers rural privacy while sitting within the larger Bastrop County growth story. Bastrop County is actively developing its film, technology, hospitality and creative industries. Line 204 Texas has broken ground on a 546-acre purpose-built studio project, while Wyldwood Studios is planned as a 75-acre film, hospitality and entertainment development. SpaceX/Starlink is also undertaking a major Bastrop expansion. (Bastrop EDC)
That growth is particularly relevant here because this property already combines lodging + land + media production + makerspace + retreat amenities in one location. Bastrop’s own economic-development strategy identifies film and creative services as well as experiential and hospitality businesses among the area’s development opportunities. (Bastrop EDC)
Potential Investment Uses
The property’s scale and existing infrastructure create numerous possibilities, subject to buyer due diligence and applicable county requirements:
* Boutique retreat or wellness destination
* Short-term-rental and glamping operation
* Film/production lodging and creative retreat
* Corporate or organizational retreat campus
* Wedding and event destination
* Regenerative farm and agritourism operation
* Artist, maker or media-production campus
* RV and extended-stay hospitality
* Multi-generational estate or private compound
* Combination hospitality + agricultural + creative enterprise
Current owners are open to discussing continued management following a sale, giving an investor the unusual option of acquiring both the physical property and potential operational continuity.
This is not simply a 42-acre residence. It is an opportunity to acquire the foundation of a destination property and operating platform in a rapidly evolving Central Texas corridor, while preserving the privacy and flexibility that make McDade unique.
Any investment, income, STR, event, commercial or development potential should be independently verified by the buyer. Owner management after closing would be subject to a separately negotiated agreement.
For sale by owner
$1,850,000
146 Lexington Rd, Mc Dade, TX 78650
9beds
7,000sqft
MultiFamily
Built in 2011
-- sqft lot
$-- Zestimate®
$264/sqft
$-- HOA
What's special
Swimming poolSolar infrastructureAnimal facilitiesHigh-end finishesPremium appliancesTwo glamping accommodationsPrivate well
- 12 days
- 203
- 16
Listed by:
Property Owner (737) 262-2764
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Forced air, Electric, Solar
Cooling
- Central, Solar
Appliances
- Included: Dishwasher, Dryer, Freezer, Microwave, Range / Oven, Refrigerator, Washer
Features
- Balcony, High Ceiling
- Flooring: Concrete
- Basement: None
- Has fireplace: Yes
- Fireplace features: Freestanding, Stove
Interior area
- Total interior livable area: 7,000 sqft
Video & virtual tour
Property
Parking
- Total spaces: 30
- Parking features: Garage - Attached
Features
- Exterior features: Metal
- Pool features: Above Ground
- Has spa: Yes
- Has view: Yes
- View description: Water, City
- Has water view: Yes
- Water view: Water
Lot
- Size: 41.36 Acres
- Topography: Sloping
Details
- Parcel number: R110087
- Special conditions: No Special Conditions
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other Style
Materials
- Foundation: Crossed Walls
- Roof: Metal
Condition
- New construction: No
- Year built: 2011
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
Community & HOA
Location
- Region: Mc Dade
Financial & listing details
- Price per square foot: $264/sqft
- Tax assessed value: $486,459
- Annual tax amount: $1,912
- Date on market: 8/16/2026
- Road surface type: Gravel
Estimated market value
Not available
Estimated sales range
Not available
$1,907/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/16/2026 | Listed for sale | $1,850,000-24.3%$264/sqft |
Source: Owner Report a problem | ||
| 12/18/2023 | Listing removed | -- |
Source: Owner Report a problem | ||
| 9/18/2023 | Listed for sale | $2,444,000+287.9%$349/sqft |
Source: Owner Report a problem | ||
| 5/28/2020 | Sold | -- |
Source: Agent Provided Report a problem | ||
| 5/1/2020 | Pending sale | $630,000$90/sqft |
Source: Home Bay Broker TX, Inc. #64296488 Report a problem | ||
| 12/31/2019 | Price change | $630,000-1.3%$90/sqft |
Source: Home Bay #3457273 Report a problem | ||
| 11/23/2019 | Price change | $638,000-1.8%$91/sqft |
Source: Home Bay #3457273 Report a problem | ||
| 10/16/2019 | Price change | $650,000-3%$93/sqft |
Source: Home Bay #3457273 Report a problem | ||
| 10/9/2019 | Price change | $670,000+0.1%$96/sqft |
Source: Home Bay #3457273 Report a problem | ||
| 9/18/2019 | Price change | $669,000-0.1%$96/sqft |
Source: RE/MAX Bastrop Area #6566286 Report a problem | ||
| 9/4/2019 | Listed for sale | $670,000$96/sqft |
Source: RE/MAX Bastrop Area #8196517 Report a problem | ||
| 4/23/2008 | Sold | -- |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,912 -15% | $486,459 -10.2% |
| 2024 | $2,249 -1.5% | $541,609 +21% |
| 2023 | $2,284 -38.6% | $447,446 -1.2% |
| 2022 | $3,721 -40.5% | $453,046 -29.6% |
| 2021 | $6,249 +40.8% | $643,846 +13.2% |
| 2020 | $4,440 +25.5% | $568,926 +10.5% |
| 2018 | $3,539 | $514,860 +128.5% |
| 2017 | $3,539 -2.2% | $225,338 -1.8% |
| 2016 | $3,618 -5.2% | $229,548 0% |
| 2015 | $3,814 | $229,659 +0.2% |
| 2014 | $3,814 | $229,250 -2.4% |
| 2013 | -- | $234,843 +138.2% |
| 2011 | -- | $98,574 +291.1% |
| 2010 | -- | $25,204 +0.1% |
| 2009 | -- | $25,167 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 78650
Nearby schools
Schools provided by the listing agent
- Elementary: McDade
- Middle: McDade
- High: McDade
- District: 162 - McDade
Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

