Active Listing  ·  57 days on market

106 Kaapahu Dr

Bastrop, TX 78602
$385,000
3 Bed 2 Bath 1,820 sqft $212/sqft Built 2022 0.26 acres 2-Car Garage Pool Tahitian Village,

Welcome home to this beautiful 3-bedroom, 2-bath home in Tahitian Village. Built in 2022 by West Creek Homes it offers approximately 1,740 sq ft. This home features a bright open floor plan with high ceilings and large windows throughout that home that bring the outdoors in and provide peaceful views of the surrounding natural landscape where deer are frequent visitors. The spacious kitchen opens seamlessly to the living and dining areas and features crisp white cabinetry, generous counter space, a breakfast bar and new appliances. The primary suite offers a relaxing retreat with an en-suite bath featuring a double vanity, separate soaking tub and an impressive oversized tiled walk-in shower. Come enjoy the country feel while still being conveniently located to all that Bastrop has to offer.

Seller is offering to Pay $6,500 toward the Buyer's Closing costs and other allowable concessions.

At $212/sqft, this home is 6% below the Bastrop active market average of $226/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

106 Kaapahu Dr, Bastrop, TX 78602

Property Details

Price $385,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,820 sqft
Lot Size 0.26 acres (11,325.6 sqft)
Year Built 2022
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Tahitian Village,
County Bastrop
Zip Code 78602
$/sqft $212/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $6,542.23
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT242113202
List Date August 12, 2026
Elementary School Emile
Middle School Riverside
High School Bastrop
School District ,

Luke Allen (TREC #788149) has deep knowledge of Bastrop and surrounding markets. Whether you're buying, selling, or just researching comparable sales, reach out for a no-pressure conversation.

Schedule a Call →

Similar Homes on the Market in Bastrop

Comparable Listings Right Now

Homes currently for sale in Bastrop with similar bedroom count, size, and price range, giving you real-time context for how this property's asking price compares to the active market.

AddressList Price$/sqftBeds/BathsSqftDOMListed
137 S Pohakea Dr
Tahitian Village,
$384,999 $204 4 bd / 2 ba 1,886 sqft , 2026-09-01
122 N Pohakea Dr
Tahitian Village
$375,000 $186 4 bd / 2 ba 2,014 sqft , 2025-08-16
112 N Pohakea Dr
Tahitian Village,
$400,000 $211 3 bd / 2 ba 1,900 sqft , 2026-08-10
137 N Pohakea Dr
TAHITIAN VILLAGE
$369,000 $196 4 bd / 2 ba 1,878 sqft , 2026-09-10
220 Tahitian Dr
Tahitian Village
$359,999 $194 3 bd / 3 ba 1,860 sqft , 2026-07-31

Source: ACTRIS MLS, live listings. Similar by ±1 bed, ±35% price, ±35% sqft. Contact Luke for a formal comparative market analysis.

Investment Analysis

Rental Income Potential

The numbers below use conservative Austin-market assumptions. They are estimates, not a guarantee. Actual rents vary by condition, timing, and management. Read our full Austin rental property guide →

Est. Monthly Rent
$1,848/mo
0.48% rule · conservative Austin est.
Gross Yield
5.76%
Annual rent ÷ purchase price
Cap Rate (est.)
3.46%
NOI after 40% vacancy + expenses
Down Payment
$77,000
20% conventional investment loan

Monthly Cash Flow Breakdown (20% down · 7.25% rate)

Estimated Gross Rent+$1,848
Principal + Interest−$2,101
Property Tax (~2.1% TX avg)−$674
Insurance (~0.5%)−$160
Est. Monthly Cash Flow $-1,087

At current rates and prices, many Austin luxury properties run neutral or slightly negative on pure cash flow, appreciation and equity paydown are the primary return drivers. BRRRR and off-market acquisitions can improve day-one cash flow. Learn about the BRRRR method in Austin →

Commute & Employment

Major Employers Near Bastrop, TX

Bastrop sits within commuting range of Austin's major tech, manufacturing, and corporate campuses. Approximate drive times from this area:

Tesla Gigafactory 15-25 min E
Apple Campus (Domain) 20-30 min N
Google / Meta / Indeed 10-15 min downtown
Dell Medical School / UT Austin 10-20 min
Samsung Austin Semiconductor 25 min N

More Luxury Homes in Bastrop

Loading…
View All Luxury Homes →
About the Author
Luke Allen, Austin TX Realtor, TREC #788149
Luke Allen
Licensed Austin TX Realtor · TREC #788149 · Full-time since 2019
★★★★★ 5.0 on Google · 30 Reviews

Luke Allen is a full-time Austin TX Realtor with the Austin Marketing + Development Group brokerage. He works with buyers, sellers, and investors across every Austin ISD and the surrounding neighborhoods, from Downtown and East Austin to Round Rock, Cedar Park, and the Hill Country. Every page on this site is written and maintained by Luke. This page was last updated on September 26, 2026.

📞 (254) 718-2567 [email protected] More about Luke →