Active Listing  ·  28 days on market

137 N Pohakea Dr

Bastrop, TX 78602
$369,000
4 Bed 2 Bath 1,878 sqft $196/sqft Built 2026 2-Car Garage Pool New Construction TAHITIAN VILLAGE

Welcome to this stunning new construction home in the highly desirable Tahitian Village community of Bastrop! This beautifully designed 4-bedroom, 2-bath residence offers modern finishes, an open-concept layout, and abundant natural light throughout. The spacious kitchen flows seamlessly into the living and dining areas, making it perfect for entertaining or everyday living.

The private primary suite features a spa-like ensuite bath and generous walk-in closet, while three additional bedrooms provide flexibility for family, guests, or a home office.

Nestled among the scenic Lost Pines, this home offers the perfect balance of peaceful living and convenience. Enjoy being just 10–12 minutes from H-E-B, Buc-ee’s, restaurants, retail shopping, schools, parks, and historic Downtown Bastrop, with an easy commute to Austin via Highway 71. Tahitian Village is known for its beautiful wooded surroundings, golf course, and proximity to the Colorado River, making it an ideal place to call home.

Don’t miss your opportunity to own a brand-new home in one of Bastrop’s most sought-after neighborhoods!

At $196/sqft, this home is 13% below the Bastrop active market average of $226/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

137 N Pohakea Dr, Bastrop, TX 78602

Property Details

Price $369,000
Status Active Listing
Beds 4
Full Baths 2
Half Baths ,
Living Area 1,878 sqft
Lot Size ,
Year Built 2026
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision TAHITIAN VILLAGE
County Bastrop
Zip Code 78602
$/sqft $196/sqft
Days on Market ,
HOA $225/One Time
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT246400572
List Date September 10, 2026
Elementary School Mina
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 →

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
122 N Pohakea Dr
Tahitian Village
$375,000 $186 4 bd / 2 ba 2,014 sqft , 2025-08-16
137 S Pohakea Dr
Tahitian Village,
$384,999 $204 4 bd / 2 ba 1,886 sqft , 2026-09-01
106 Kaapahu Dr
Tahitian Village,
$385,000 $212 3 bd / 2 ba 1,820 sqft , 2026-08-12
220 Ulupau Cir
Tahitian Village
$350,000 $199 3 bd / 2 ba 1,755 sqft , 2026-05-27
140 Heleakala Dr
Tahitian Village
$389,000 $214 4 bd / 2 ba 1,820 sqft , 2026-08-21

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
$1,771/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
$73,800
20% conventional investment loan

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

Estimated Gross Rent+$1,771
Principal + Interest−$2,014
Property Tax (~2.1% TX avg)−$646
Insurance (~0.5%)−$154
Est. Monthly Cash Flow $-1,043

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 12, 2026.

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