Active Listing  ·  37 days on market

137 S Pohakea Dr

Bastrop, TX 78602
$384,999
4 Bed 2 Bath 1,886 sqft $204/sqft Built 2016 0.24 acres 2-Car Garage Pool Tahitian Village,

This modern 4- bedroom, 2-bath residence in Tahitian Village is a peaceful retreat, offering a private and tranquil setting. As you step inside, you'll be greeted by an open and airy interior with tile flooring throughout that adds a touch of elegance to the space. The picture windows brings the outside in and makes the living area bright and airy. The well appointed kitchen offers a wonderful work space for creating those recipes for the family to enjoy! Stepping through the back door to the outdoor living area is an entertainers dream. Large covered back patio that can host a gathering of friends. A new backyard Pergola (12x18) offers another area to enjoy and make memories. Raised flower/vegetable boxes line the back wooden fence. The property is pie shaped and the yard in the back is completely fenced in, new fencing, new sod and a new shed have been added. The front driveway has been widened to accommodate an RV, a 30 amp outlet to the outside garage wall for RV power has been added. The garage itself is oversized, with a new (2nd) Attic Access Ladder and a new 40 gallon water heater. The home also offers a Home Surge Protector for the entire house. There is also a Choice Home Warranty provided as well.

Don't wait to come and check out this GEM!!

At $204/sqft, this home is 10% 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 S Pohakea Dr, Bastrop, TX 78602

Property Details

Price $384,999
Status Active Listing
Beds 4
Full Baths 2
Half Baths ,
Living Area 1,886 sqft
Lot Size 0.24 acres (10,541.52 sqft)
Year Built 2016
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Tahitian Village,
County Bastrop
Zip Code 78602
$/sqft $204/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $6,667.63
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT243828235
List Date September 1, 2026
Elementary School Emile
Middle School Riverside
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 · September 1, 2026 $389,999
Current ask $384,999
▼ Reduced $5,000 (-1.3%) 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
106 Kaapahu Dr
Tahitian Village,
$385,000 $212 3 bd / 2 ba 1,820 sqft , 2026-08-12
140 Heleakala Dr
Tahitian Village
$389,000 $214 4 bd / 2 ba 1,820 sqft , 2026-08-21
122 N Pohakea Dr
Tahitian Village
$375,000 $186 4 bd / 2 ba 2,014 sqft , 2025-08-16
112 N Pohakea Dr
Tahitian Village,
$400,000 $211 3 bd / 2 ba 1,900 sqft , 2026-08-10
137 N Pohakea Dr
TAHITIAN VILLAGE
$369,000 $196 4 bd / 2 ba 1,878 sqft , 2026-09-10

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
$1,848/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
$77,000
20% conventional investment loan

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

Estimated Gross Rent+$1,848
Principal + Interest−$2,101
Property Tax (~2.1% TX avg)−$674
Insurance (~0.5%)−$160
Est. Monthly Cash Flow $-1,087

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

More Luxury Homes in Bastrop

Loading…
View All Luxury Homes →
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 October 4, 2026.

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