Active Listing  ·  307 days on market

119 Mercer St

Bastrop, TX 78602
$319,000
3 Bed 2 Bath 1,535 sqft $208/sqft Built 2021 0.15 acres 1-Car Garage Pool Pecan Park Sec 7

This well-maintained charming home has outstanding curb appeal on a desirable corner lot. It features an open floor plan with three bedrooms and two bathrooms. This modern home is accessible using your iphone apps. You can set your alarm, irrigation system, temperature, lock and unlock your front door and open your garage door. This 4 year old home is like new since it has only been lived in part-time during the winter months. Included in the price are the washer/dryer, water softener, refrigerator, custom shades, new glass pantry door, designer closet, matching ceiling fans in all rooms, epoxied garage floor, upgraded insulated garage door, and a home warranty until March 2028. The home feels relaxing with its welcoming living area, a modern kitchen with granite countertops/tiled backsplash, island and a large master bathroom featuring a shower, double sinks and cabinets. Enjoy the Texas breeze, relaxing on the back porch and cool off in the Community pool. The playground and hiking trails are conveniently located just a couple blocks away. Conveniently situated near shopping, dining, and recreational sports, the residence is both comfortable and accessible. Experience the blend of tranquility and vibrant community living at this lovely address. Its the perfect house in a perfect location. Bastrop was voted the most charming small town in Texas for 2025. With its recent reduction in price, it is ready to sell.

At $208/sqft, this home is 8% 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

119 Mercer St, Bastrop, TX 78602

Property Details

Price $319,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,535 sqft
Lot Size 0.15 acres (6,534 sqft)
Year Built 2021
Garage 1 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Pecan Park Sec 7
County Bastrop
Zip Code 78602
$/sqft $208/sqft
Days on Market ,
HOA $150/Quarterly
Annual Tax Est. $4,183.27
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT213531343
List Date December 5, 2025
Elementary School Bluebonnet (Bastrop ISD)
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 · December 5, 2025 $329,000
Previous ask $325,000
Current ask $319,000
▼ Reduced $10,000 (-3.0%) 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
107 Hawea Ln
Tahitian Village,
$319,999 $246 3 bd / 2 ba 1,301 sqft , 2026-04-13
223 Tributary Way
Pecan Park
$315,000 $205 3 bd / 2 ba 1,535 sqft , 2026-08-27
225 Waikakaaua Dr
Tahitian Village,
$314,990 $192 4 bd / 2 ba 1,644 sqft , 2026-07-06
106 Crooked Trail Trl
Pecan Park
$294,890 $186 3 bd / 3 ba 1,587 sqft , 2026-08-11
189 Waikakaaua Dr
Tahitian Village
$343,800 $225 3 bd / 2 ba 1,526 sqft , 2026-09-17

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
$1,531/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
$63,800
20% conventional investment loan

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

Estimated Gross Rent+$1,531
Principal + Interest−$1,741
Property Tax (~2.1% TX avg)−$558
Insurance (~0.5%)−$133
Est. Monthly Cash Flow $-901

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 17, 2026.

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