Active Listing  ·  359 days on market

131 Ironbark Bnd

Bastrop, TX 78602
$407,000
4 Bed 2 Bath 2,075 sqft $196/sqft Built 2021 0.13 acres 2-Car Garage Pool The Colony

Welcome to this stunning Perry Homes residence perfectly situated on a greenbelt lot with a wrought-iron fence for unobstructed views and extra privacy. The inviting entryway is framed by a dedicated home office with elegant French doors—ideal for remote work or quiet reading space.

The open-concept kitchen features a large center island, stainless steel appliances, and plenty of cabinet space, seamlessly connecting to the dining and living areas for effortless entertaining. The private primary suite offers a peaceful retreat, complete with a wall of windows overlooking the backyard and greenbelt. The ensuite bath includes dual vanities, a garden soaking tub, and a separate glass-enclosed shower.

Enjoy The Colony lifestyle with resort-style amenities, walking trails, and close proximity to Bastrop’s growing conveniences and Austin’s major employers.

At $196/sqft, this home is 14% 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

131 Ironbark Bnd, Bastrop, TX 78602

Property Details

Price $407,000
Status Active Listing
Beds 4
Full Baths 2
Half Baths ,
Living Area 2,075 sqft
Lot Size 0.13 acres (5,575.68 sqft)
Year Built 2021
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision The Colony
County Bastrop
Zip Code 78602
$/sqft $196/sqft
Days on Market ,
HOA $75/Monthly
Annual Tax Est. $11,313.77
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT208708176
List Date October 8, 2025
Elementary School Colony Oaks
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 →

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 · October 8, 2025 $439,000
Previous ask $415,000
Current ask $407,000
▼ Reduced $32,000 (-7.3%) 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
118 Coleto Trl
The Colony
$409,740 $161 4 bd / 3 ba 2,552 sqft , 2026-08-16
128 Smokebush Trl
The Colony
$400,000 $180 4 bd / 3 ba 2,226 sqft , 2026-03-18
136 Ironbark Bnd
Colony
$415,000 $209 3 bd / 2 ba 1,984 sqft , 2026-09-14
112 Salado Creek Trl
The Colony
$415,990 $231 4 bd / 2 ba 1,803 sqft , 2026-06-03
112 Chinaberry Bnd
Colony Mud 1B Sec 1
$395,999 $193 4 bd / 3 ba 2,049 sqft , 2026-05-13

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
$1,954/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
$81,400
20% conventional investment loan

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

Estimated Gross Rent+$1,954
Principal + Interest−$2,221
Property Tax (~2.1% TX avg)−$712
Insurance (~0.5%)−$170
Est. Monthly Cash Flow $-1,149

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 29, 2026.

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