Active Listing  ·  65 days on market

285 Chisholm Trl

Bastrop, TX 78602
$499,999
4 Bed 3 Bath 2,769 sqft $181/sqft Built 2017 0.60 acres 2-Car Garage Pool The Colony Mud

Welcome to 285 Chisholm Trail, a quality-built Sitterle home situated on a spacious .60-acre corner lot within a gated section of The Colony. Offering 2,769 square feet, this well-maintained home features four bedrooms, two-and-a-half bathrooms, a formal dining or flex space, a spacious living room with fireplace and a kitchen with generous cabinetry, granite countertops and a large center island. The primary suite includes a spacious bathroom and impressive walk-in closet. Outside, enjoy a covered back patio, oversized backyard and additional privacy with no neighboring home on the south side. An oversized two-car garage with epoxy flooring provides plenty of parking, storage and workspace. Residents enjoy access to one community pool, fitness center, clubhouse, tennis and pickleball court, playground, dog park, walking and biking trail, disc golf, picnic areas and access to the Colorado River. Built in 2017 and presenting in excellent condition, this home offers space, privacy and resort-style community living just minutes from Bastrop and with convenient access toward Austin.

At $181/sqft, this home is 21% below the Bastrop active market average of $229/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

285 Chisholm Trl, Bastrop, TX 78602

Property Details

Price $499,999
Status Active Listing
Beds 4
Full Baths 2
Half Baths 1
Living Area 2,769 sqft
Lot Size 0.60 acres (26,223.12 sqft)
Year Built 2017
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision The Colony Mud
County Bastrop
Zip Code 78602
$/sqft $181/sqft
Days on Market ,
HOA $165/Monthly
Annual Tax Est. $12,451.78
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT246146630
List Date September 8, 2026
Elementary School Colony Oaks
Middle School Bastrop
High School Bastrop
School District Bastrop ISD

Bastrop ISD

Colony Oaks · Bastrop · Bastrop

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 · September 8, 2026 $507,900
Current ask $499,999
▼ Reduced $7,901 (-1.6%) 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
166 Kingswood Dr
The Colony
$499,900 $178 4 bd / 5 ba 2,810 sqft , 2026-07-23
311 Maddy Way
The Colony
$499,900 $252 3 bd / 2 ba 1,984 sqft , 2026-10-19
125 William Hersee Dr
The Colony
$502,900 $226 4 bd / 3 ba 2,223 sqft , 2026-11-06
127 Silverbell Ln
The Colony - 50'
$479,900 $192 4 bd / 3 ba 2,497 sqft , 2026-03-27
112 Kildrummy Pass
The Colony
$474,900 $178 4 bd / 4 ba 2,662 sqft , 2026-04-23

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
$2,400/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
$100,000
20% conventional investment loan

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

Estimated Gross Rent+$2,400
Principal + Interest−$2,729
Property Tax (assumed ~2.1%)−$875
Insurance (assumed ~0.5%)−$208
Est. Monthly Cash Flow $-1,412

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 · 41 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. The written content was last updated on October 10, 2026.

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

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