Active Listing  ·  103 days on market

120 Puu Waa Waa Ln

Bastrop, TX 78602
$455,000
3 Bed 2 Bath 1,932 sqft $236/sqft Built 2026 0.33 acres 2-Car Garage Pool New Construction Tahitian Village,

Step inside this newly constructed home built by West Creek Homes. This home offers an expansive open floor plan filled with natural light, soaring ceilings, and luxury vinyl plank flooring. The spacious living room is anchored by a sleek electric fireplace flanked by custom built-in shelving, creating the perfect focal point for relaxing or entertaining. The chef-inspired kitchen is a showstopper, featuring crisp white cabinetry, quartz countertops, a large center island with seating, Kitchen-Aid stainless steel appliances, a built-in oven and microwave, modern vent hood, subway tile backsplash and a generous walk-in pantry. The private primary suite offers a peaceful retreat with a spa-inspired bathroom complete with dual venalities, a luxurious soaking tub, oversized walk-in shower with designer tile and elegant black fixtures that add a sophisticated touch. Enjoy nature while sitting on the covered back porch overlooking the peaceful surroundings that make Tahitian Village so desirable. Nestled in the heart of Tahitian Village, you'll enjoy the beauty of the Lost Pines while being just minutes from downtown Bastrop, shopping, dining, parks and the Colorado River. This exceptional new construction offers the perfect blend of moder comfort and peaceful surroundings. Tahitian Village POA does not have association dues. Seller is offering to Pay $10,000 toward the Buyer's Closing costs and other allowable concessions.

At $236/sqft, this home is priced 4% above the Bastrop active market average of $226/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

120 Puu Waa Waa Ln, Bastrop, TX 78602

Property Details

Price $455,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,932 sqft
Lot Size 0.33 acres (14,244.12 sqft)
Year Built 2026
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Tahitian Village,
County Bastrop
Zip Code 78602
$/sqft $236/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT237880076
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
118 Puu Waa Waa Ln
Tahitian Village,
$455,000 $226 3 bd / 2 ba 2,017 sqft , 2026-06-27
117 W Kamoi Ct
Tahitian Village
$457,000 $216 3 bd / 3 ba 2,118 sqft , 2026-09-03
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
141 Upola Ct
Tahitian Village,
$429,000 $238 3 bd / 2 ba 1,805 sqft , 2026-07-24

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 →