This expansive 5-acre property offers the perfect blend of residential comfort and commercial potential, with a generous 1,000 feet of frontage on 304. Here's your chance to own a versatile piece of real estate with unrestricted use and unlimited possibilities for development, including the potential for subdivision. The main house features an open living, dining, and kitchen area, along with 4 bedrooms that can easily be converted into office spaces if needed, and 2 baths. The property also includes a separate 450-square-foot guest house complete with a kitchen, bath, and laundry. Additionally, there is a detached two-car garage/workshop providing ample space for vehicles or projects. Full livestock fencing makes this property ready for agricultural use. Enjoy natural shade and privacy with good tree cover throughout. It offers an easy commute to Bastrop, Austin, and surrounding areas, and is just 40 minutes from the Austin airport. This property offers a unique combination of residential comfort, commercial potential, and investment flexibility. Whether you're looking to establish a residence, start a business, or invest in a profitable venture, this property provides the perfect foundation.