Active Listing  ·  13 days on market

118 Trailstone Dr

Bastrop, TX 78602
$275,000
3 Bed 2 Bath 1,406 sqft $196/sqft Built 2018 0.11 acres 2-Car Garage Pool Pecan Park Residential Sec

Welcome to 118 Trailstone Dr in Bastrop, TX—a 3-bedroom, 2-bath home in Pecan Park with Craftsman-style curb appeal, vaulted ceilings, an open-concept layout, and a standout island kitchen.

Inside, the living, dining, and kitchen spaces flow together beneath vaulted ceilings, creating a bright, open feel with plenty of natural light. Wood-look plank tile runs throughout the main living areas, complemented by neutral walls, white trim, recessed lighting, and ceiling fans. The kitchen features dark espresso shaker cabinetry, light stone countertops, a white subway tile backsplash, stainless steel appliances, gas range, and a large center island with an undermount sink and gooseneck faucet. Built-in window seating adds extra character and function.

Outside, the mix of stone, shake siding, gabled rooflines, and dark timber accents gives the home great curb appeal. A gated courtyard entry, mature landscaping, wide driveway, and front-loading garage complete the front, while the privacy-fenced backyard offers a comfortable outdoor space.

Located in Pecan Park with convenient access to Highway 71, downtown Bastrop, and Bastrop ISD schools. Come see 118 Trailstone for yourself—schedule a tour today.

At $196/sqft, this home is 13% 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

118 Trailstone Dr, Bastrop, TX 78602

Property Details

Price $275,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,406 sqft
Lot Size 0.11 acres (4,791.6 sqft)
Year Built 2018
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Pecan Park Residential Sec
County Bastrop
Zip Code 78602
$/sqft $196/sqft
Days on Market ,
HOA $105/Quarterly
Annual Tax Est. $6,005.14
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT247381541
List Date September 24, 2026
Elementary School Mina
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
215 Tributary Way
RIVER'S BEND AT PECAN PARK
$285,000 $219 3 bd / 2 ba 1,299 sqft , 2026-06-02
309 Freshwater Dr
Bastrop Grove Sec 4 Ph 1B
$289,900 $172 4 bd / 3 ba 1,688 sqft , 2026-08-07
106 Crooked Trail Trl
Pecan Park
$294,890 $186 3 bd / 3 ba 1,587 sqft , 2026-08-11
1112 Minnow Ln
Bastrop Grove Sec 4 Ph 1B
$245,000 $150 4 bd / 2 ba 1,635 sqft , 2026-08-22
223 Tributary Way
Pecan Park
$315,000 $205 3 bd / 2 ba 1,535 sqft , 2026-08-27

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
$1,320/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
$55,000
20% conventional investment loan

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

Estimated Gross Rent+$1,320
Principal + Interest−$1,501
Property Tax (~2.1% TX avg)−$481
Insurance (~0.5%)−$115
Est. Monthly Cash Flow $-777

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 26, 2026.

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