About This Home

NEW CONSTRUCTION BY ASHTON WOODS! Available October 2026! Find family harmony in the Winchester, a well-designed floor plan that brings balance to both private and shared spaces. The first-floor primary suite offers a peaceful retreat for parents, allowing them to relax while the kids enjoy their own space in the upstairs loft, perfect for movie nights or playtime. This thoughtful design also includes a versatile study, which can be easily converted into a playroom or home office to suit your family's needs.

At $173/sqft, this home is 24% 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

137 Coleto Trl, Bastrop, TX 78602

Open in Google Maps ↗ Get Directions ↗

Property Details

Price $429,789

Status Active Listing

Beds 4

Full Baths 3

Half Baths 1

Living Area 2,484 sqft

Lot Size 0.22 acres (9,583.2 sqft)

Year Built 2026

Garage 2 spaces

Stories ,

Type Residential · Single Family Residence

Subdivision The Colony

County Bastrop

Zip Code 78602

$/sqft $173/sqft

Days on Market ,

HOA $78/Monthly

Annual Tax Est. $110.52

Pool Yes

Waterfront ,

New Construction Yes

MLS # ACT240030598

List Date July 15, 2026

Elementary School Colony Oaks

Middle School Cedar Creek

High School Cedar Creek

School District ,

Have Questions About This Property?

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 · July 15, 2026 $465,989

Previous ask $449,789

Current ask $429,789

▼ Reduced $36,200 (-7.8%) 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

247 Maddy Way
The Colony - Pine Cove $434,715 $185 4 bd / 3 ba 2,354 sqft , 2026-08-12

113 Pinyon Pine Dr
The Colony - Coleton Meadow $423,584 $190 3 bd / 2 ba 2,229 sqft , 2026-09-22

243 Maddy Way
The Colony - Pine Cove $420,625 $188 3 bd / 2 ba 2,240 sqft , 2026-07-27

113 Salado Creek Trl
The Colony $439,990 $204 4 bd / 3 ba 2,154 sqft , 2026-06-02

112 Salado Creek Trl
The Colony $415,990 $231 4 bd / 2 ba 1,803 sqft , 2026-06-03

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

$2,063/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

$85,958

20% conventional investment loan

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

Estimated Gross Rent+$2,063

Principal + Interest−$2,346

Property Tax (~2.1% TX avg)−$752

Insurance (~0.5%)−$179

Est. Monthly Cash Flow $-1,214

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

About the Author

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 10, 2026.

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

137 Coleto Trl