Active Listing  ·  7 days on market

158 Westover Ln

Bastrop, TX 78602
$549,982
5 Bed 4 Bath 3,175 sqft $173/sqft Built 2027 0.16 acres 2-Car Garage Pool The Colony

Westin Homes NEW Construction (Aria II, Elevation AA) CURRENTLY BEING BUILT. This sophisticated two-story home offers five spacious bedrooms, including two located on the first floor, and four and four bathrooms. The inviting study/home office and expansive family room connect to the chef-inspired island kitchen and dining area, creating a perfect flow for both daily living and entertaining. The luxurious first-floor primary suite boasts dual walk-in closets, a free-standing soaking tub, and a serene space for relaxation. Upstairs, three bedrooms, two bathrooms, media room and game room expands living space, while the covered patio invites you to unwind outdoors. An attached two-car garage provides storage and parking. Located just minutes from downtown Bastrop, The Colony combines natural beauty with modern amenities, including Lakehouse Park, Prairie Vista, a greenbelt dog park, scenic views of the Colorado River, and more—making it a wonderful place to call home. Visit Westin Homes today to learn more about The Colony!

At $173/sqft, this home is 24% 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

158 Westover Ln, Bastrop, TX 78602

Property Details

Price $549,982
Status Active Listing
Beds 5
Full Baths 4
Half Baths ,
Living Area 3,175 sqft
Lot Size 0.16 acres (6,969.6 sqft)
Year Built 2027
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision The Colony
County Bastrop
Zip Code 78602
$/sqft $173/sqft
Days on Market ,
HOA $88.26/Monthly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT251894548
List Date November 5, 2026
Elementary School Colony Oaks
Middle School Riverside
High School Bastrop
School District Bastrop ISD

Bastrop ISD

Colony Oaks · Riverside · Bastrop

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 · November 5, 2026 $621,038
Current ask $549,982
▼ Reduced $71,056 (-11.4%) 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
315 Maddy Way
The Colony
$549,900 $225 4 bd / 3 ba 2,442 sqft , 2026-10-21
145 Pinyon Pine Dr
The Colony
$559,346 $165 5 bd / 4 ba 3,400 sqft , 2026-10-23
167 Westover Ln
The Colony
$539,929 $173 4 bd / 4 ba 3,117 sqft , 2026-10-30
139 William Hersee Dr
The Colony
$527,900 $208 4 bd / 3 ba 2,536 sqft , 2026-11-06
105 Salado Creek Trl
The Colony
$519,900 $179 5 bd / 4 ba 2,903 sqft , 2026-07-06

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
$2,640/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
$109,996
20% conventional investment loan

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

Estimated Gross Rent+$2,640
Principal + Interest−$3,001
Property Tax (assumed ~2.1%)−$962
Insurance (assumed ~0.5%)−$229
Est. Monthly Cash Flow $-1,552

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 · 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 6, 2026.

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

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