Active Listing  ·  42 days on market

223 Tributary Way

Bastrop, TX 78602
$315,000
3 Bed 2 Bath 1,535 sqft $205/sqft Built 2020 0.12 acres 2-Car Garage Pool Pecan Park

Welcome home to this single-story 3-bedroom, 2-bathroom Pecan Park retreat, where sunlight fills the living spaces and community trails sit just steps from your front door. Stepping inside, the single-story floor plan opens up into an open kitchen, living, and dining space designed for easy movement and shared time. Vinyl plank flooring runs through all main common spaces, framed by neutral-toned walls that act as a blank canvas for your personal setup. Sunlight flood the main living area, creating a space to settle in or host guests. The kitchen stands out with granite countertops, stainless appliances, and a central island complete with a breakfast bar for quick meals or conversations while cooking. Off the main living zone, the primary bedroom suite offers a spacious footprint ready for your own design touches. The attached ensuite bath features a dual vanity, step-in shower, and a generous walk-in closet with ample storage. Outside, the home extends into a private yard with a covered back patio, perfect for shaded outdoor seating, quiet mornings, or casual evening gatherings. The Pecan Park neighborhood places outdoor recreation right at your doorstep, with community walking trails located just down the street. Residents in Pecan Park enjoy access to community amenities alongside quick access to local conveniences. Situated in zip code 78602, the home sits minutes from State Highway 71, providing a simple route to local shopping, dining corridors, and essential services in downtown Bastrop. For broader travel and commute needs, the location offers a straightforward 22-mile drive to Austin-Bergstrom International Airport and roughly 30 miles to downtown Austin, balancing quiet neighborhood living with practical access across Central Texas.

At $205/sqft, this home is 9% 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

223 Tributary Way, Bastrop, TX 78602

Property Details

Price $315,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,535 sqft
Lot Size 0.12 acres (5,357.88 sqft)
Year Built 2020
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Pecan Park
County Bastrop
Zip Code 78602
$/sqft $205/sqft
Days on Market ,
HOA $150/Quarterly
Annual Tax Est. $6,391.86
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT244885133
List Date August 27, 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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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 27, 2026 $322,500
Current ask $315,000
▼ Reduced $7,500 (-2.3%) 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
119 Mercer St
Pecan Park Sec 7
$319,000 $208 3 bd / 2 ba 1,535 sqft , 2025-12-05
107 Hawea Ln
Tahitian Village,
$319,999 $246 3 bd / 2 ba 1,301 sqft , 2026-04-13
104 Steel Shot Ct
Hunters Crossing Sec Five
$294,900 $176 4 bd / 2 ba 1,674 sqft , 2026-10-07
106 Crooked Trail Trl
Pecan Park
$294,890 $186 3 bd / 3 ba 1,587 sqft , 2026-08-11
410 S Hunting Lodge Ln
Hunters Crossing Sec Three
$339,900 $193 4 bd / 3 ba 1,760 sqft , 2026-06-30

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
$1,512/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
$63,000
20% conventional investment loan

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

Estimated Gross Rent+$1,512
Principal + Interest−$1,719
Property Tax (~2.1% TX avg)−$551
Insurance (~0.5%)−$131
Est. Monthly Cash Flow $-889

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 September 26, 2026.

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