Active Listing  ·  6 days on market

139 William Hersee Dr

Bastrop, TX 78602
$527,900
4 Bed 3 Bath 2,536 sqft $208/sqft Built 2026 0.23 acres 2-Car Garage Pool New Construction The Colony

Located within the exceptional community of The Colony is the upscale two-story Jordan floor plan. In addition to four bedrooms, two full bathrooms and one half bath, the Jordan plan boasts a phenomenal layout with a large family room, upgraded kitchen, and an extensive covered back patio. A private master suite provides the perfect haven to start and end everyday in. The kitchen is sure to be a talking point with stunning cabinetry, a walk-in pantry, a large granite island, and stainless-steel appliances. The Jordan plan offers you a life of abundance and extraordinary living.

At $208/sqft, this home is 9% below the Bastrop active market average of $229/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

139 William Hersee Dr, Bastrop, TX 78602

Property Details

Price $527,900
Status Active Listing
Beds 4
Full Baths 2
Half Baths 1
Living Area 2,536 sqft
Lot Size 0.23 acres (9,975.24 sqft)
Year Built 2026
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision The Colony
County Bastrop
Zip Code 78602
$/sqft $208/sqft
Days on Market ,
HOA $163.24/Monthly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT251960881
List Date November 6, 2026
Elementary School Colony Oaks
Middle School Creekside
High School Cedar Creek
School District Bastrop ISD

Bastrop ISD

Colony Oaks · Creekside · Cedar Creek

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
111 Loysoya St
The Colony Mud 1E Sec 2 Ph
$539,000 $227 3 bd / 4 ba 2,377 sqft , 2026-10-06
187 Pioneer Psge
The Colony
$539,900 $216 3 bd / 3 ba 2,503 sqft , 2026-05-29
167 Westover Ln
The Colony
$539,929 $173 4 bd / 4 ba 3,117 sqft , 2026-10-30
203 Wagon Way None
The Colony
$549,500 $217 3 bd / 3 ba 2,532 sqft , 2026-04-18
315 Maddy Way
The Colony
$549,900 $225 4 bd / 3 ba 2,442 sqft , 2026-10-21

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
$2,534/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
$105,580
20% conventional investment loan

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

Estimated Gross Rent+$2,534
Principal + Interest−$2,881
Property Tax (assumed ~2.1%)−$924
Insurance (assumed ~0.5%)−$220
Est. Monthly Cash Flow $-1,491

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 · 41 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. The written content was last updated on November 7, 2026.

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

Save this home