Active Listing  ·  149 days on market

129 Pinyon Pine Dr

Bastrop, TX 78602
$390,826
3 Bed 2 Bath 1,874 sqft $209/sqft Built 2026 0.15 acres 2-Car Garage Pool New Construction The Colony - Coleton Meadow

Discover the craftsmanship of this beautifully designed new home by David Weekley Homes. The Stratton is perfectly situated and set on a premium homesite backing to a peaceful greenbelt. This home offers a sense of privacy and natural beauty with no rear neighbors—an ideal backdrop for quiet mornings and relaxing evenings.

A charming north-facing front porch creates a warm first impression and a place to slow down and connect. Inside, the layout opens up to a bright and functional living space where the family room, dining area, and kitchen come together with ease. Large windows bring in soft natural light and highlight the peaceful setting just beyond your backyard.

Tucked away for privacy, the Owner’s Retreat offers a comfortable escape with a well-appointed super shower, dual vanities, and a generous walk-in closet. Two secondary bedrooms and a dedicated study provide flexibility for guests, work, or hobbies.

Thoughtfully designed to feel open, inviting, and connected to its natural surroundings, this home offers a lifestyle that’s both comfortable and refined. Contact David Weekley’s Colony Team today to explore this magnificent new construction home in Bastrop, TX and discover the industry-leading warranty and cutting-edge EnergySaver™ features that make this residence a true standout.

Our EnergySaver™ Homes offer peace of mind knowing your new home in Bastrop is minimizing your environmental footprint while saving energy.

Square Footage is an estimate only; actual construction may vary.

At $209/sqft, this home is 8% below the Bastrop active market average of $227/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

129 Pinyon Pine Dr, Bastrop, TX 78602

Property Details

Price $390,826
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,874 sqft
Lot Size 0.15 acres (6,703.88 sqft)
Year Built 2026
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision The Colony - Coleton Meadow
County Bastrop
Zip Code 78602
$/sqft $209/sqft
Days on Market ,
HOA $88.26/Monthly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT228903162
List Date May 6, 2026
Elementary School Colony Oaks
Middle School Creekside
High School Cedar Creek
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 →

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 · May 6, 2026 $392,826
Previous ask $387,826
Current ask $390,826
▼ Reduced $2,000 (-0.5%) 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
119 Loysoya St
The Colony Mud 1E Sec 2 Ph
$399,900 $199 2 bd / 3 ba 2,013 sqft , 2026-03-14
267 Maddy Way
The Colony
$399,900 $202 3 bd / 3 ba 1,984 sqft , 2026-07-18
190 Frontera Dr
Del Webb Lost Pines at The Colony
$377,590 $162 3 bd / 3 ba 2,326 sqft , 2026-01-23
168 Frontera Dr
Del Webb Lost Pines at The Colony
$410,250 $227 2 bd / 2 ba 1,809 sqft , 2026-01-23
132 Frontera Dr
Del Webb Lost Pines at The Colony
$410,470 $257 2 bd / 2 ba 1,600 sqft , 2026-08-17

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
$1,876/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
$78,165
20% conventional investment loan

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

Estimated Gross Rent+$1,876
Principal + Interest−$2,133
Property Tax (~2.1% TX avg)−$684
Insurance (~0.5%)−$163
Est. Monthly Cash Flow $-1,104

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 30, 2026.

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