About This Home

NEW CONSTRUCTION BY DEL WEBB HOMES! Available September 2026! Explore the luxurious Compass home layout with its gourmet kitchen, spacious gathering spaces, and private secondary rooms for overnight guests. HOA includes full yard maintenance, internet and access to all amenities.

At $242/sqft, this home is priced 7% above the Bastrop active market average of $227/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

204 Frontera Dr, Bastrop, TX 78602

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Property Details

Price $339,690

Status Active Listing

Beds 2

Full Baths 2

Half Baths ,

Living Area 1,403 sqft

Lot Size 0.21 acres (9,016.92 sqft)

Year Built 2026

Garage 2 spaces

Stories ,

Type Residential · Single Family Residence

Subdivision Del Webb Lost Pines at The Colony

County Bastrop

Zip Code 78602

$/sqft $242/sqft

Days on Market ,

HOA $275/Monthly

Annual Tax Est. ,

Pool Yes

Waterfront ,

New Construction Yes

MLS # ACT243716828

List Date August 17, 2026

Elementary School Colony Oaks

Middle School Bastrop

High School Bastrop

School District ,

Have Questions About This Property?

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 · August 17, 2026 $360,690

Previous ask $350,690

Current ask $339,690

▼ Reduced $21,000 (-5.8%) 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

118 Millsaps Ct
The Colony Mud $335,000 $185 3 bd / 2 ba 1,808 sqft , 2026-09-24

103 Brushy Creek Dr
Colony Mud 1C Sec 5 $295,000 $212 3 bd / 2 ba 1,391 sqft , 2026-07-24

129 Pinyon Pine Dr
The Colony - Coleton Meadow $390,826 $209 3 bd / 2 ba 1,874 sqft , 2026-05-06

168 Frontera Dr
Del Webb Lost Pines at The Colony $410,250 $227 2 bd / 2 ba 1,809 sqft , 2026-01-23

132 Frontera Dr
Del Webb Lost Pines at The Colony $410,470 $257 2 bd / 2 ba 1,600 sqft , 2026-08-17

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

$1,631/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

$67,938

20% conventional investment loan

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

Estimated Gross Rent+$1,631

Principal + Interest−$1,854

Property Tax (~2.1% TX avg)−$594

Insurance (~0.5%)−$142

Est. Monthly Cash Flow $-959

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

About the Author

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 24, 2026.

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

204 Frontera Dr