Active Listing  ·  244 days on market

117 Keaau Ct W

Bastrop, TX 78602
$419,900
4 Bed 3 Bath 2,183 sqft $192/sqft Built 2025 0.32 acres 2-Car Garage Pool New Construction Tahitian Village

Welcome to 117 Keaau Ct., nestled in the heart of beautiful Tahitian Village and surrounded by the towering Lost Pines of Bastrop, Texas. This newly constructed 2025 home by Blue Peak Construction offers a thoughtfully designed 2,183 sq ft layout featuring 4 spacious bedrooms and 3 full bathrooms, providing flexibility for families, guests, or a home office setup.

Situated on a generous 1/3-acre lot, the property offers both privacy and room to enjoy the outdoors, all while being tucked into one of Bastrop’s most scenic communities. The open and functional floor plan flows beautifully, making everyday living and entertaining effortless.

Enjoy the best of both worlds—peaceful pine-covered surroundings with easy access to Austin, just a short drive away. Bastrop offers a charming downtown, great shopping, dining, and entertainment, plus major employers such as SpaceX, The Boring Company, and Starlink, all approximately 15 minutes away.

At $192/sqft, this home is 15% 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

117 Keaau Ct W, Bastrop, TX 78602

Property Details

Price $419,900
Status Active Listing
Beds 4
Full Baths 3
Half Baths ,
Living Area 2,183 sqft
Lot Size 0.32 acres (13,808.52 sqft)
Year Built 2025
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Tahitian Village
County Bastrop
Zip Code 78602
$/sqft $192/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT218273832
List Date February 6, 2026
Elementary School Emile
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.

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Price History

How This Ask Has Moved

Original list price versus what this home is asking today. Straight from the ACTRIS MLS feed, no interpretation.

Original ask · February 6, 2026 $457,000
Previous ask $399,000
Current ask $419,900
▼ Reduced $37,100 (-8.1%) from original ask

Source: ACTRIS MLS. Price change timestamp reflects the most recent adjustment on record; the feed does not expose intermediate steps between the original ask and today's ask.

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
116 N Pohakea Dr
Tahitian Village,
$420,000 $210 4 bd / 3 ba 2,000 sqft , 2026-08-10
191 Heleakala Dr
Tahitian Village
$422,000 $185 3 bd / 3 ba 2,280 sqft , 2026-05-07
146 Waimanalo Ln
Tahitian Village,
$425,000 $181 4 bd / 3 ba 2,350 sqft , 2026-09-17
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

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
$83,980
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 2, 2026.

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