About This Home

Beautiful, move-in ready 3-bedroom, 2-bath home in the desirable Riverside Grove community! This meticulously maintained home features a bright, open-concept floor plan filled with abundant natural light. The spacious kitchen offers an eat-in dining area and opens to a charming screened-in porch—perfect for enjoying your morning coffee or relaxing after a long day.

Step outside to a peaceful backyard featuring a raised garden bed and a mature peach tree loaded with fruit. The generous primary suite includes a large walk-in closet and a private ensuite bathroom.

Additional updates include a new roof installed in 2022, and HVAC system. This home is truly move-in ready and waiting for its next owners!

At $203/sqft, this home is 10% 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

214 Jennifer Ln, Bastrop, TX 78602

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Property Details

Price $290,000

Status Active Listing

Beds 3

Full Baths 2

Half Baths ,

Living Area 1,431 sqft

Lot Size 0.17 acres (7,405.2 sqft)

Year Built 2002

Garage 2 spaces

Stories ,

Type Residential · Single Family Residence

Subdivision Riverside Grove

County Bastrop

Zip Code 78602

$/sqft $203/sqft

Days on Market ,

HOA $80/Annually

Annual Tax Est. ,

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT241600784

List Date July 29, 2026

Elementary School Mina

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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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

309 Freshwater Dr
Bastrop Grove Sec 4 Ph 1B $289,900 $172 4 bd / 3 ba 1,688 sqft , 2026-08-07

1922 Dragonfly Loop
Piney Creek Bend $289,000 $168 3 bd / 2 ba 1,724 sqft , 2026-07-20

2008 Prickly Pear Dr
Piney Creek Bend $289,000 $178 3 bd / 2 ba 1,624 sqft , 2026-10-01

104 Steel Shot Ct
Hunters Crossing Sec Five $294,900 $176 4 bd / 2 ba 1,674 sqft , 2026-10-07

612 Blair Ave
Riverside Grove Sub Ph $274,999 $152 3 bd / 3 ba 1,809 sqft , 2026-07-09

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

$1,392/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

$58,000

20% conventional investment loan

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

Estimated Gross Rent+$1,392

Principal + Interest−$1,583

Property Tax (~2.1% TX avg)−$508

Insurance (~0.5%)−$121

Est. Monthly Cash Flow $-820

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 September 25, 2026.

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

214 Jennifer Ln

Location

Property Details

Comparable Listings Right Now

Rental Income Potential

Major Employers Near Bastrop, TX

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