Active Listing  ·  21 days on market

157 Tahitian Dr

Bastrop, TX 78602
$329,900
3 Bed 3 Bath 1,948 sqft $169/sqft Built 2004 0.28 acres 2-Car Garage Pool Tahitian Village,

Located in Tahitian Village, this two-story single-family home offers approximately 1,948 square feet of living space with 3 bedrooms and 3 full bathrooms. The property features a functional floor plan with two bedrooms on the main level, an upstairs game room or additional living area, and a two-car detached garage. The home is situated on approximately 0.28 acres and offers a corner-lot setting with mature trees. Interior features include laminate/tile flooring, and a covered front porch. KItchen features quartz counterops. Conveniently located with access to SH 71 and the Bastrop area’s shopping, dining, schools, and recreational opportunities.

At $169/sqft, this home is 25% 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

157 Tahitian Dr, Bastrop, TX 78602

Property Details

Price $329,900
Status Active Listing
Beds 3
Full Baths 3
Half Baths ,
Living Area 1,948 sqft
Lot Size 0.28 acres (12,022.56 sqft)
Year Built 2004
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Tahitian Village,
County Bastrop
Zip Code 78602
$/sqft $169/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $5,610.61
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT247043208
List Date September 17, 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.

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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
113 Lei Ct
Tahitian Village, Unit 1
$325,000 $192 3 bd / 2 ba 1,690 sqft , 2026-09-08
112 Mahalua Ln
Tahitian Village,
$349,500 $240 3 bd / 2 ba 1,454 sqft , 2026-06-19
220 Tahitian Dr
Tahitian Village
$359,999 $194 3 bd / 3 ba 1,860 sqft , 2026-07-31
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

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
$1,584/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
$65,980
20% conventional investment loan

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

Estimated Gross Rent+$1,584
Principal + Interest−$1,800
Property Tax (~2.1% TX avg)−$577
Insurance (~0.5%)−$137
Est. Monthly Cash Flow $-930

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 19, 2026.

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