Active Listing  ·  6 days on market

2008 Prickly Pear Dr

Bastrop, TX 78602
$289,000
3 Bed 2 Bath 1,624 sqft $178/sqft Built 2021 0.14 acres 2-Car Garage Pool Piney Creek Bend

Single story living just minutes from historic downtown Bastrop. Built in 2021 in the Piney Creek Bend neighborhood, this 3 bed, 2 bath home offers 1,624 sq ft with an open layout that connects the kitchen, dining and living areas, so hosting feels easy and everyday life flows. The kitchen includes a walk-in pantry for plenty of storage. The primary suite sits apart for privacy and has its own en suite bath, while the two secondary bedrooms work well for guests, kids or a home office. Out back, a good-sized backyard gives you room to relax, play or entertain. Enjoy newer construction without the new build wait, plus quick access to Fisherman's Park, the Colorado River trails, local restaurants and shopping, and an easy drive to Hwy 71 for the commute to Austin or the airport.

At $178/sqft, this home is 21% 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

2008 Prickly Pear Dr, Bastrop, TX 78602

Property Details

Price $289,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,624 sqft
Lot Size 0.14 acres (6,011.28 sqft)
Year Built 2021
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Piney Creek Bend
County Bastrop
Zip Code 78602
$/sqft $178/sqft
Days on Market ,
HOA $462/Annually
Annual Tax Est. $5,845.93
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT248086114
List Date October 1, 2026
Elementary School Mina
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.

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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
214 Jennifer Ln
Riverside Grove
$290,000 $203 3 bd / 2 ba 1,431 sqft , 2026-07-29
1621 Dragonfly Loop Loop
Piney Creek Bend, Sec One
$293,000 $182 4 bd / 2 ba 1,607 sqft , 2026-05-31
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

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
$1,387/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
$57,800
20% conventional investment loan

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

Estimated Gross Rent+$1,387
Principal + Interest−$1,577
Property Tax (~2.1% TX avg)−$506
Insurance (~0.5%)−$120
Est. Monthly Cash Flow $-816

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 October 2, 2026.

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