Active Listing  ·  103 days on market

118 Puu Waa Waa Ln

Bastrop, TX 78602
$455,000
3 Bed 2 Bath 2,017 sqft $226/sqft Built 2026 0.33 acres 2-Car Garage Pool New Construction Tahitian Village,

Come Experience modern living at its finest in this stunning New Construction home by West Creek Homes. It is just over 2,000 sq ft of thoughtfully designed living space. Featuring 3 bedrooms, 2 bathrooms and striking modern architecture, this home is perfectly situated in the desirable Tahitian Village community. Step inside to an expansive open concept floor plan highlighted by soaring ceiling with dramatic tray details, wood flooring and a sleek linear electric fireplace that creates an inviting focal point in the living area. The chef-inspired kitchen is designed to impress with custom cabinetry, quartz countertops, an oversized center Island, Bosch built-in stainless-steel microwave and oven, Kitchen-Aid Cook Top, modern vent hood and plenty of workspace for entertaining or everyday living. Escape to the luxurious primary suite featuring a spa- inspired bathroom complete with a freestanding soaking tub, oversized walk-in tiles shower, dual vanities, designer finishes and a spacious walk-in shower. Located in beautiful Tahitian Village you'll enjoy the perfect blend of privacy and convenience, with easy access to the Colorado River, Bastrop State Park, shopping, dining and Historic Downtown Bastrop. Modern Design, quality craftsmanship, and an exceptional location - this home is ready to welcome you home. Tahitian Village POA does not have association Dues. Seller is offering $10,000 toward the Buyer's Closing costs and other allowable concessions.

At $226/sqft, this home is priced in line with the Bastrop market average of $226/sqft across 354 active listings. View Austin market report →

Location

118 Puu Waa Waa Ln, Bastrop, TX 78602

Property Details

Price $455,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 2,017 sqft
Lot Size 0.33 acres (14,374.8 sqft)
Year Built 2026
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Tahitian Village,
County Bastrop
Zip Code 78602
$/sqft $226/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT237825267
List Date June 27, 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
120 Puu Waa Waa Ln
Tahitian Village,
$455,000 $236 3 bd / 2 ba 1,932 sqft , 2026-06-27
117 W Kamoi Ct
Tahitian Village
$457,000 $216 3 bd / 3 ba 2,118 sqft , 2026-09-03
138 Papawai Dr
Tahitian Village
$450,000 $167 3 bd / 3 ba 2,700 sqft , 2026-06-26
334 Nene Ln
Tahitian Village,
$435,000 $217 3 bd / 2 ba 2,006 sqft , 2026-08-06
103 Waianae Ct
Tahitian Village
$429,900 $233 4 bd / 3 ba 1,847 sqft , 2026-07-29

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
$2,184/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
$91,000
20% conventional investment loan

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

Estimated Gross Rent+$2,184
Principal + Interest−$2,483
Property Tax (~2.1% TX avg)−$796
Insurance (~0.5%)−$190
Est. Monthly Cash Flow $-1,285

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 23, 2026.

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