Active Listing  ·  212 days on market

166 Salado Creek Trl

Bastrop, TX 78602
$475,000
4 Bed 3 Bath 2,535 sqft $187/sqft Built 2023 0.32 acres 3-Car Garage Pool Colony Mud 1C Sec 4

Stunning Modern Home in The Colony | 4 Bedrooms | 3 Bathrooms | 3-Car Garage

Discover modern comfort and style at 166 Salado Creek Trail! Built in 2023, this beautifully designed single-story home offers 2,535 square feet of thoughtfully planned living space on a spacious 0.32-acre lot. Featuring an attractive brick, stone, and stucco exterior, this 4-bedroom, 3-bathroom residence combines contemporary design with inviting everyday living. An added feature are remote control blinds in both the living and master rooms.

The open-concept floorplan showcases high ceilings, recessed lighting, and a well-appointed kitchen featuring stone countertops, a large center island, breakfast bar, gas cooktop, double ovens, and a walk-in pantry. The kitchen flows seamlessly into the living area, creating an ideal space for entertaining and gathering with family and friends.

The private primary suite offers a relaxing retreat with a double vanity, soaking tub, separate walk-in shower, and spacious walk-in closets. Three additional bedrooms provide flexibility for guests, family, or a home office. Additional highlights include a dedicated laundry room, an attached three-car garage, and a concrete driveway.

Step outside to enjoy the covered patio with a ceiling fan and an elevated deck overlooking the fenced backyard—perfect for outdoor dining, relaxing, or entertaining.

Located in the desirable Colony community, residents enjoy access to walking trails, parks, swimming pools, and scenic green spaces. Conveniently situated near Bastrop with access to Austin, Austin-Bergstrom International Airport, and Tesla, this home offers a wonderful balance of comfort, convenience, and community living.

Schedule your private showing today and discover all that this exceptional home and The Colony lifestyle have to offer!

At $187/sqft, this home is 18% 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

166 Salado Creek Trl, Bastrop, TX 78602

Property Details

Price $475,000
Status Active Listing
Beds 4
Full Baths 3
Half Baths ,
Living Area 2,535 sqft
Lot Size 0.32 acres (14,026.32 sqft)
Year Built 2023
Garage 3 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Colony Mud 1C Sec 4
County Bastrop
Zip Code 78602
$/sqft $187/sqft
Days on Market ,
HOA $89.22/Monthly
Annual Tax Est. $13,120.71
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT225346194
List Date April 14, 2026
Elementary School Colony Oaks
Middle School Bastrop
High School Bastrop
School District Bastrop ISD

Bastrop ISD

Colony Oaks · Bastrop · 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.

Schedule a Call →

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 · April 14, 2026 $495,000
Previous ask $479,000
Current ask $475,000
▼ Reduced $20,000 (-4.0%) 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
127 Silverbell Ln
The Colony - 50'
$479,900 $192 4 bd / 3 ba 2,497 sqft , 2026-03-27
127 Maravillas Creek Ln
The Colony
$481,990 $198 4 bd / 3 ba 2,436 sqft , 2026-06-01
167 Salado Creek Trl
The Colony
$466,990 $179 4 bd / 3 ba 2,608 sqft , 2026-05-11
130 Big Pine Creek Ln
The Colony
$485,990 $192 4 bd / 4 ba 2,536 sqft , 2026-05-13
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
$2,280/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
$95,000
20% conventional investment loan

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

Estimated Gross Rent+$2,280
Principal + Interest−$2,592
Property Tax (assumed ~2.1%)−$831
Insurance (assumed ~0.5%)−$198
Est. Monthly Cash Flow $-1,341

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 October 22, 2026.

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

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