Active Listing  ·  43 days on market

111 Rainmaker Cv

Bastrop, TX 78602
$350,000
4 Bed 3 Bath 2,427 sqft $144/sqft Built 2021 0.14 acres 2-Car Garage Pool PECAN PARK Section 7

Welcome to 111 Rainmaker Cove, a spacious 4-bedroom, 3-bath home tucked away on a quiet cul-de-sac in Bastrop’s Pecan Park community. With 2,427 square feet, the home offers a flexible floor plan with the primary suite, two additional bedrooms, and two full bathrooms all on the main level, plus an upstairs retreat with a second living area, bedroom, and full bath. The main living space feels bright and open with soaring ceilings, abundant natural light, and a large kitchen overlooking the living and dining areas. Outside, the covered back patio and landscaped yard offer added privacy with no immediate back neighbors.

Property Highlights

4 bedrooms | 3 full bathrooms | 2,427 sq. ft.

3 bedrooms and 2 full baths downstairs, including the primary suite

Upstairs second living/loft area + bedroom + full bathroom

Open-concept kitchen, dining and living areas with soaring ceilings

Large kitchen island, granite countertops and stainless steel appliances

Solar panel system

Covered back patio overlooking the landscaped backyard

No immediate back neighbors

Plumbed for a water softener

2-car garage

Quiet cul-de-sac location

Pecan Park amenities include a community pool, playground, parks and walking/hiking trails toward the Colorado River

Close to everything Bastrop has to offer:

H-E-B: about 3 minutes

Downtown Bastrop: about 5 minutes

SpaceX/Starlink: about 10 to 12 minutes

Tesla Gigafactory: about 25 minutes

Austin-Bergstrom International Airport: about 20 to 25 minutes

Downtown Austin: about 30 miles

111 Rainmaker Cove puts you right in the middle of Bastrop, close to shopping, restaurants, schools, the Colorado River and Downtown Bastrop, while still providing convenient access toward Austin and several of the area’s major employers. With a flexible floor plan, upstairs guest or work-from-home space, neighborhood amenities, and a backyard that feels more private than many nearby homes, this one offers a lot of versatility in a convenient location.

At $144/sqft, this home is 36% 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

111 Rainmaker Cv, Bastrop, TX 78602

Property Details

Price $350,000
Status Active Listing
Beds 4
Full Baths 3
Half Baths ,
Living Area 2,427 sqft
Lot Size 0.14 acres (6,316.2 sqft)
Year Built 2021
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision PECAN PARK Section 7
County Bastrop
Zip Code 78602
$/sqft $144/sqft
Days on Market ,
HOA $150/Quarterly
Annual Tax Est. $8,247.46
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT244644303
List Date August 26, 2026
Elementary School Adelton
Middle School Bastrop
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
134 Edgewater Trl
Pecan Park Residential Sec
$350,000 $199 3 bd / 2 ba 1,755 sqft , 2026-05-27
309 Rimrock Ct
Pecan Park Residential Sec
$350,000 $141 4 bd / 3 ba 2,481 sqft , 2026-07-30
280 Rimrock Ct
Rivers Bend at Pecan Park
$349,999 $159 3 bd / 3 ba 2,202 sqft , 2026-10-02
354 Lamaloa Ln
Tahitian Village,
$349,500 $208 3 bd / 3 ba 1,682 sqft , 2026-09-18
713 Bluffview Dr
Pecan Park
$354,500 $152 4 bd / 3 ba 2,328 sqft , 2026-07-08

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
$1,680/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
$70,000
20% conventional investment loan

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

Estimated Gross Rent+$1,680
Principal + Interest−$1,910
Property Tax (~2.1% TX avg)−$613
Insurance (~0.5%)−$146
Est. Monthly Cash Flow $-989

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

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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 August 30, 2026.

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