Active Listing  ·  129 days on market

1621 Dragonfly Loop Loop

Bastrop, TX 78602
$293,000
4 Bed 2 Bath 1,607 sqft $182/sqft Built 2019 0.14 acres 2-Car Garage Pool Piney Creek Bend, Sec One

Discover a harmonious blend of comfort and style in this charming single-story residence, perfectly situated to offer a serene lifestyle. This home provides a welcoming atmosphere, ideal for creating lasting memories. The well-designed layout spans 1607 square feet, ensuring ample space for daily living and entertaining. The residence features two full bathrooms, meticulously appointed for convenience and relaxation. The property's generous 0.14-acre lot offers a perfect balance of outdoor space for enjoyment without extensive upkeep. Nestled in the heart of Bastrop, this location provides easy access to local amenities and community highlights, offering a desirable suburban experience. This inviting dwelling truly represents an exceptional opportunity for those seeking a tranquil and fulfilling home environment in a vibrant Texas community.

At $182/sqft, this home is 19% 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

1621 Dragonfly Loop Loop, Bastrop, TX 78602

Property Details

Price $293,000
Status Active Listing
Beds 4
Full Baths 2
Half Baths ,
Living Area 1,607 sqft
Lot Size 0.14 acres (6,011.28 sqft)
Year Built 2019
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Piney Creek Bend, Sec One
County Bastrop
Zip Code 78602
$/sqft $182/sqft
Days on Market ,
HOA $462/Annually
Annual Tax Est. $5,776.28
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT230686082
List Date May 31, 2026
Elementary School Mina
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 · May 31, 2026 $299,000
Current ask $293,000
▼ Reduced $6,000 (-2.0%) 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
1922 Dragonfly Loop
Piney Creek Bend
$289,000 $168 3 bd / 2 ba 1,724 sqft , 2026-07-20
2008 Prickly Pear Dr
Piney Creek Bend
$289,000 $178 3 bd / 2 ba 1,624 sqft , 2026-10-01
612 Blair Ave
Riverside Grove Sub Ph
$274,999 $152 3 bd / 3 ba 1,809 sqft , 2026-07-09
718 Blair Ave
Riverside Grove Sub Ph
$262,900 $171 3 bd / 2 ba 1,533 sqft , 2026-10-07
411 Oak St
Pecan Valley
$349,900 $212 3 bd / 2 ba 1,649 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
$1,406/mo
0.48% rule · conservative Austin est.
Gross Yield
5.76%
Annual rent ÷ purchase price
Cap Rate (est.)
3.45%
NOI after 40% vacancy + expenses
Down Payment
$58,600
20% conventional investment loan

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

Estimated Gross Rent+$1,406
Principal + Interest−$1,599
Property Tax (~2.1% TX avg)−$513
Insurance (~0.5%)−$122
Est. Monthly Cash Flow $-828

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 1, 2026.

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