Active Listing  ·  381 days on market

184 William Hersee Dr

Bastrop, TX 78602
$559,000
3 Bed 3 Bath 2,499 sqft $224/sqft Built 2025 0.20 acres 2-Car Garage Pool New Construction THE COLONY MUD 1E

Tucked into one of the most desirable sections of The Colony, this new Summerhill plan blends modern design with everyday comfort. The larger homesite offers the kind of backyard space that feels rare these days with plenty of room for a garden, a fire pit, or simply a little more breathing room between you and the world. Behind the home, the community tree lined walking trails, and an easement creates a generous buffer between you and your rear neighbor, giving the backyard a peaceful, open feel that enhances both privacy and connection to nature. Inside, every detail speaks to thoughtful living. A secondary bedroom with its own private bath offers the perfect setup for an older child or visiting guest. The primary suite feels like a private spa, featuring a freestanding tub, dual quartz topped vanities, and a walk-in shower with a sunken, tiled floor and built-in seat; a space designed to help you slow down and recharge. Step outside, and the oversized covered patio is already prepped with gas for a future outdoor kitchen. The perfect spot to gather, cook, and unwind. Sophisticated, functional, and crafted for the way we actually live today, this home brings modern livability and comfort together beautifully.

At $224/sqft, this home is priced in line with the Bastrop market average of $229/sqft across 330 active listings. View Austin market report →

Location

184 William Hersee Dr, Bastrop, TX 78602

Property Details

Price $559,000
Status Active Listing
Beds 3
Full Baths 3
Half Baths ,
Living Area 2,499 sqft
Lot Size 0.20 acres (8,537.76 sqft)
Year Built 2025
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision THE COLONY MUD 1E
County Bastrop
Zip Code 78602
$/sqft $224/sqft
Days on Market ,
HOA $130/Monthly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT210252125
List Date October 27, 2025
Elementary School Colony Oaks
Middle School Cedar Creek
High School Cedar Creek
School District Bastrop ISD

Bastrop ISD

Colony Oaks · Cedar Creek · Cedar Creek

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 · October 27, 2025 $569,000
Current ask $559,000
▼ Reduced $10,000 (-1.8%) 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
203 Wagon Way None
The Colony
$549,500 $217 3 bd / 3 ba 2,532 sqft , 2026-04-18
167 Westover Ln
The Colony
$539,929 $173 4 bd / 4 ba 3,117 sqft , 2026-10-30
187 Pioneer Psge
The Colony
$539,900 $216 3 bd / 3 ba 2,503 sqft , 2026-05-29
111 Loysoya St
The Colony Mud 1E Sec 2 Ph
$539,000 $227 3 bd / 4 ba 2,377 sqft , 2026-10-06

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
$2,683/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
$111,800
20% conventional investment loan

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

Estimated Gross Rent+$2,683
Principal + Interest−$3,051
Property Tax (assumed ~2.1%)−$978
Insurance (assumed ~0.5%)−$233
Est. Monthly Cash Flow $-1,579

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 8, 2026.

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

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