Active Listing  ·  182 days on market

167 Puu Waa Waa Ln

Bastrop, TX 78602
$399,999
3 Bed 2 Bath 1,737 sqft $230/sqft Built 2026 0.36 acres 2-Car Garage Pool New Construction Tahitian Village,

STEAL OF THE YEAR | LUXURY AT AN INSANE PRICE

Let’s be honest: at this price, the new owners are practically stealing this home. Forget standard builder-grade. 167 Puu Waa Waa packs the elite craftsmanship usually reserved for $1M+ Westlake and East Austin estates onto a massive 1/3-acre lot in Tahitian Village.

You get soaring 10-ft ceilings, grand 8-ft doors, flawless Level 4 smooth walls, and fully sound-insulated interior walls throughout for total peace and privacy. Enjoy sleek European soft-close cabinets, spa-inspired floating vanities, floor-to-ceiling designer tile, and a smart split layout with direct primary-bath-to-laundry access.

Outside, the huge yard easily fits a pool, workshop, or ADU.

The seller spared no expense—now you reap the rewards. Ask about massive preferred lender incentives to slash your interest rate.

Book your tour before someone else locks in the deal of the decade! (Furnished photos are virtually staged).

At $230/sqft, this home is priced in line with the Bastrop market average of $226/sqft across 354 active listings. View Austin market report →

Location

167 Puu Waa Waa Ln, Bastrop, TX 78602

Property Details

Price $399,999
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,737 sqft
Lot Size 0.36 acres (15,507.36 sqft)
Year Built 2026
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Tahitian Village,
County Bastrop
Zip Code 78602
$/sqft $230/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $1,049.68
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT225230648
List Date April 9, 2026
Elementary School Emile
Middle School Bastrop
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.

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 9, 2026 $448,750
Previous ask $408,000
Current ask $399,999
▼ Reduced $48,751 (-10.9%) 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
103 Waikakaaua Dr
Tahitian Village,
$399,999 $201 4 bd / 3 ba 1,986 sqft , 2026-08-06
120 Waianae Ct
Tahitian Village,
$398,500 $230 3 bd / 2 ba 1,733 sqft , 2026-07-23
337 Nene Ln
Tahitian Village,
$407,000 $198 3 bd / 3 ba 2,051 sqft , 2026-07-17
145 Kawainui Ln
Tahitian Village,
$410,000 $219 3 bd / 2 ba 1,868 sqft , 2026-06-23
137 E Pauwela Ln
Tahitian Village,
$389,900 $215 4 bd / 2 ba 1,810 sqft , 2026-05-11

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
$1,920/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
$80,000
20% conventional investment loan

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

Estimated Gross Rent+$1,920
Principal + Interest−$2,183
Property Tax (~2.1% TX avg)−$700
Insurance (~0.5%)−$167
Est. Monthly Cash Flow $-1,130

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 August 28, 2026.

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