Active Listing  ·  127 days on market

150 Palikea Ct

Bastrop, TX 78602
$339,000
3 Bed 2 Bath 1,624 sqft $209/sqft Built 2025 0.32 acres 2-Car Garage Pool Tahitian Village

Home in Tahitian Village – Hilltop Living Surrounded by Nature Welcome to your serene retreat in the heart of Tahitian Village! This brand-new 3-bedroom, 2-bathroom home offers just over 1,600 sq ft of thoughtfully designed living space, all nestled on a spacious, tree-covered lot at the top of a hill—giving you the feel of Hill Country living with the convenience of city amenities. Step inside to find neutral tones throughout, creating a calming, modern atmosphere that’s ready for your personal touch. The open-concept layout flows seamlessly from the living area to the kitchen and dining space, perfect for entertaining or cozy nights in. Enjoy being surrounded by nature with hiking trails, a golf course, and the scenic Colorado River just minutes away. Plus, you're only a short drive to shopping, dining, and entertainment in historic downtown Bastrop. This is more than a home—it's a lifestyle. Don’t miss your chance to own a peaceful, newly built oasis in one of Bastrop’s most desirable communities. **Buyers Agent and buyer to confirm all information.

At $209/sqft, this home is 8% 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

150 Palikea Ct, Bastrop, TX 78602

Property Details

Price $339,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,624 sqft
Lot Size 0.32 acres (13,939.2 sqft)
Year Built 2025
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Tahitian Village
County Bastrop
Zip Code 78602
$/sqft $209/sqft
Days on Market ,
HOA $204/Annually
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT232509034
List Date June 3, 2026
Elementary School Lost Pines
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.

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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 · June 3, 2026 $349,999
Current ask $339,000
▼ Reduced $10,999 (-3.1%) 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
220 Ulupau Cir
Tahitian Village
$350,000 $199 3 bd / 2 ba 1,755 sqft , 2026-05-27
137 N Pohakea Dr
TAHITIAN VILLAGE
$369,000 $196 4 bd / 2 ba 1,878 sqft , 2026-09-10
122 N Pohakea Dr
Tahitian Village
$375,000 $186 4 bd / 2 ba 2,014 sqft , 2025-08-16
105 S Kaupo Dr
Tahitian Village Unit 02
$299,900 $186 3 bd / 2 ba 1,611 sqft , 2026-04-23
137 S Pohakea Dr
Tahitian Village,
$384,999 $204 4 bd / 2 ba 1,886 sqft , 2026-09-01

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
$1,627/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
$67,800
20% conventional investment loan

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

Estimated Gross Rent+$1,627
Principal + Interest−$1,850
Property Tax (~2.1% TX avg)−$593
Insurance (~0.5%)−$141
Est. Monthly Cash Flow $-957

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 22, 2026.

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