Active Listing  ·  114 days on market

308 Nizao Ln

Bastrop, TX 78602
$295,000
4 Bed 4 Bath 1,684 sqft $175/sqft Built 2026 0.13 acres 2-Car Garage Pool New Construction Valverde

5% lender incentive offered with the use of the seller's in-house lender. Incentive may be used towards buyer closing costs and/or rate buy-down, subject to lender approval and buyer qualification.

Discover the Emily floorplan in Valverde, a beautifully designed two-story home offering 1,684 square feet of functional living space with 4 bedrooms and 3.5 bathrooms. Thoughtfully crafted to accommodate today's lifestyles, this home provides the perfect balance of comfort, flexibility, and modern convenience.

Upon entering the home, you'll find a secondary bedroom and full bathroom just off the foyer, ideal for guests, multigenerational living, or a private home office. The open-concept main living area seamlessly connects the kitchen, dining, and family room, creating an inviting atmosphere for everyday living and entertaining. The kitchen features a large center island, white picture-frame cabinetry, stainless steel appliances, and ample storage and prep space.

Upstairs, the spacious primary suite serves as a private retreat complete with an en-suite bathroom and oversized walk-in closet. Two additional bedrooms and a full bathroom offer plenty of room for family members, guests, or versatile living arrangements.

Additional highlights include a covered back patio, rear detached two-car garage, professionally designed landscaping, full irrigation system, durable flooring in the main living areas, and America's Smart Home® package featuring a video doorbell, smart thermostat, smart light switches, smart lock, and app-controlled home automation.

Located in Valverde, this home combines thoughtful design, energy-efficient construction, and modern features, all while being conveniently situated near Bastrop's shopping, dining, recreation, and major commuter routes.

Image Representative of Plan Only. Photos will be uploaded.

At $175/sqft, this home is 23% 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

308 Nizao Ln, Bastrop, TX 78602

Property Details

Price $295,000
Status Active Listing
Beds 4
Full Baths 3
Half Baths 1
Living Area 1,684 sqft
Lot Size 0.13 acres (5,445 sqft)
Year Built 2026
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Valverde
County Bastrop
Zip Code 78602
$/sqft $175/sqft
Days on Market ,
HOA $65/Monthly
Annual Tax Est. $137.4
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT236539220
List Date June 16, 2026
Elementary School Bluebonnet (Bastrop ISD)
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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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
314 Santo Domingo Rd
Valverde
$295,000 $175 4 bd / 4 ba 1,684 sqft , 2026-06-16
306 Santo Domingo Rd
Valverde
$294,000 $175 4 bd / 4 ba 1,684 sqft , 2026-06-02
325 Santo Domingo Rd
Valverde
$299,500 $178 4 bd / 4 ba 1,684 sqft , 2026-06-02
215 Constanza Trl
VALVERDE
$288,990 $172 4 bd / 4 ba 1,684 sqft , 2026-07-08
322 Nizao Ln
Valverde
$306,000 $182 4 bd / 4 ba 1,684 sqft , 2026-06-03

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
$1,416/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
$59,000
20% conventional investment loan

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

Estimated Gross Rent+$1,416
Principal + Interest−$1,610
Property Tax (~2.1% TX avg)−$516
Insurance (~0.5%)−$123
Est. Monthly Cash Flow $-833

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 July 28, 2026.

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