About This Home

Home office with French doors set at entry with 11-foot ceiling. Open kitchen offers 5-burner gas cooktop, center island and corner walk-in pantry. Dining area opens to spacious family room with wall of windows and a wood mantel fireplace. Private primary suite includes bedroom with wall of windows. Dual vanity, freestanding tub, separate glass-enclosed shower and large walk-in closet in primary bath. Abundant closet space and natural light throughout. Covered backyard patio. Mud room off two-car garage.

At $202/sqft, this home is 11% below the Bastrop active market average of $227/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

267 Maddy Way, Bastrop, TX 78602

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Property Details

Price $399,900

Status Active Listing

Beds 3

Full Baths 2

Half Baths 1

Living Area 1,984 sqft

Lot Size 0.14 acres (5,924.16 sqft)

Year Built 2026

Garage 2 spaces

Stories ,

Type Residential · Single Family Residence

Subdivision The Colony

County Bastrop

Zip Code 78602

$/sqft $202/sqft

Days on Market ,

HOA $1,958.88/Annually

Annual Tax Est. ,

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT240330556

List Date July 18, 2026

Elementary School Colony Oaks

Middle School Cedar Creek

High School Cedar Creek

School District ,

Have Questions About This Property?

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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 · July 18, 2026 $493,900

Previous ask $449,900

Current ask $399,900

▼ Reduced $94,000 (-19.0%) 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 Loysoya St
The Colony Mud 1E Sec 2 Ph $399,900 $199 2 bd / 3 ba 2,013 sqft , 2026-03-14

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

118 Coleto Trl
The Colony $409,740 $161 4 bd / 3 ba 2,552 sqft , 2026-08-16

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

$1,920/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

$79,980

20% conventional investment loan

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

Estimated Gross Rent+$1,920

Principal + Interest−$2,182

Property Tax (~2.1% TX avg)−$700

Insurance (~0.5%)−$167

Est. Monthly Cash Flow $-1,129

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 October 1, 2026.

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

267 Maddy Way