Active Listing  ·  18 days on market

136 Ironbark Bnd

Bastrop, TX 78602
$415,000
3 Bed 2 Bath 1,984 sqft $209/sqft Built 2022 0.20 acres 2-Car Garage Pool Colony

An assumable 2.875% mortgage — and you do not have to be a veteran. Take over the sellers' existing VA loan: 2.875% fixed, $1,945.85 principal and interest, about 26 years remaining. Payment with Bastrop County property tax is $2,761/month. The same house on a new loan at today's rates runs about $3,323. No appraisal required. Cash to close is about $10,976 — or roughly $8,939 for a buyer receiving VA disability compensation, whose 0.5% assumption fee is waived. The servicer is Pentagon Federal Credit Union; the process runs a maximum of 45 days. 2022 Perry Homes single-story in The Colony. Three bedrooms, two baths, home office with French doors, open kitchen with large island, gas cooktop, built-in wall oven with built-in microwave above, and a walk-in pantry. Solar array with battery backup, owned outright and paid in full. No lease, no loan, no lien. Both prior UCC fixture filings have been terminated of record; documentation provided. Also included: 7-stage salt-free whole-home water filtration, screened back patio with solar screens, insulated garage with two overhead storage racks, heat-rejecting window tint and solar blinds, landscaped fenced backyard with sprinklers front and rear. Adding this package to a new build in 2026 runs $40,000 to $65,000, and the 30% federal solar credit ended for installations completed after 12/31/2025. Warranties transfer: structural to 2032, solar panels to 2047, battery to 2048.

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

136 Ironbark Bnd, Bastrop, TX 78602

Property Details

Price $415,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,984 sqft
Lot Size 0.20 acres (8,886.24 sqft)
Year Built 2022
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Colony
County Bastrop
Zip Code 78602
$/sqft $209/sqft
Days on Market ,
HOA $88.26/Monthly
Annual Tax Est. $11,281.07
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT246744498
List Date September 14, 2026
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.

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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
112 Salado Creek Trl
The Colony
$415,990 $231 4 bd / 2 ba 1,803 sqft , 2026-06-03
118 Coleto Trl
The Colony
$409,740 $161 4 bd / 3 ba 2,552 sqft , 2026-08-16
131 Ironbark Bnd
The Colony
$407,000 $196 4 bd / 2 ba 2,075 sqft , 2025-10-08
137 Coleto Trl
The Colony
$429,789 $173 4 bd / 4 ba 2,484 sqft , 2026-07-15
128 Smokebush Trl
The Colony
$400,000 $180 4 bd / 3 ba 2,226 sqft , 2026-03-18

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
$1,992/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
$83,000
20% conventional investment loan

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

Estimated Gross Rent+$1,992
Principal + Interest−$2,265
Property Tax (~2.1% TX avg)−$726
Insurance (~0.5%)−$173
Est. Monthly Cash Flow $-1,172

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 24, 2026.

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