Active Listing  ·  59 days on market

116 N Pohakea Dr

Bastrop, TX 78602
$420,000
4 Bed 3 Bath 2,000 sqft $210/sqft Built 2026 0.34 acres 2-Car Garage Pool New Construction Tahitian Village,

Modern design, wooded surroundings, and the Bastrop lifestyle right outside your door. Welcome to this stunning new construction home in Tahitian Village, offering 4 bedrooms, 3 full bathrooms, approximately 2,000 sq ft, and a .34+/- acre lot; just 5 miles from Downtown Bastrop and 1.5 miles from Colorado River Refuge trails and boat access. Designed to feel anything but builder-basic, this home pairs a bright, open layout with warm, elevated finishes. Large windows bring in abundant natural light and views of the surrounding trees, while the open living area is anchored by a sleek statement fireplace and custom detailing. The kitchen was made for gathering, with an oversized island, abundant cabinetry, stainless steel appliances, beautiful countertops and backsplash, gold-toned fixtures and hardware, statement lighting, and a large walk-in pantry with extensive built-in shelving. The open layout keeps the kitchen connected to the living and dining spaces, creating an easy flow whether you're entertaining friends or enjoying a quiet night at home. The primary suite offers its own retreat with a tray ceiling, custom accent wall, and peaceful wooded views. The spa-inspired ensuite features a freestanding soaking tub, oversized walk-in shower with rainfall showerhead, dual vanity, illuminated mirrors, floor-to-ceiling marble-look tile, gold-toned fixtures, and a spacious walk-in closet with built-in storage. Step outside to the covered back patio and enjoy the natural beauty that makes Bastrop so special. Spend your mornings walking nearby trails, launch the boat or kayak for an afternoon on the Colorado River, then head into Downtown Bastrop just 5 miles away for dinner, drinks, shopping, or community events before coming home to your quiet retreat among the trees. Come home to modern comfort, room to breathe, and adventure just down the road.

At $210/sqft, this home is 7% 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

116 N Pohakea Dr, Bastrop, TX 78602

Property Details

Price $420,000
Status Active Listing
Beds 4
Full Baths 3
Half Baths ,
Living Area 2,000 sqft
Lot Size 0.34 acres (14,897.52 sqft)
Year Built 2026
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Tahitian Village,
County Bastrop
Zip Code 78602
$/sqft $210/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $647.05
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT242971675
List Date August 10, 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.

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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
117 Keaau Ct W
Tahitian Village
$419,900 $192 4 bd / 3 ba 2,183 sqft , 2026-02-06
191 Heleakala Dr
Tahitian Village
$422,000 $185 3 bd / 3 ba 2,280 sqft , 2026-05-07
180 Kaanapali Ln
Tahitian Village,
$439,500 $203 4 bd / 4 ba 2,165 sqft , 2026-05-28
112 N Pohakea Dr
Tahitian Village,
$400,000 $211 3 bd / 2 ba 1,900 sqft , 2026-08-10
273 Tahitian Dr
Tahitian Village
$450,000 $168 3 bd / 3 ba 2,673 sqft , 2025-12-22

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
$2,016/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
$84,000
20% conventional investment loan

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

Estimated Gross Rent+$2,016
Principal + Interest−$2,292
Property Tax (~2.1% TX avg)−$735
Insurance (~0.5%)−$175
Est. Monthly Cash Flow $-1,186

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 September 20, 2026.

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