Active Listing  ·  129 days on market

308 Santo Domingo Rd

Bastrop, TX 78602
$265,000
3 Bed 3 Bath 1,332 sqft $199/sqft Built 2026 0.08 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.

Introducing the Crockett floorplan at our Valverde community in Bastrop, TX. This two story home offers 1,332 square feet of living space across 3 bedrooms, and 2 stories. This floorplan includes an open-concept design, where your living room, dining area, and kitchen blend seamlessly together creating a collaborative space. The kitchen features top-of-the-line stainless steel appliances, decorative tile backsplash, white "picture frame" cabinets, and much more. A convenient powder bathroom is also located downstairs. As you approach the second story, you'll find the main bedroom with a spacious adjoined bathroom including an en-suite with a large walk-in closet offering plenty of storage space. The two other bedrooms and a full bathroom are also located upstairs as well. Whether these room are used for a child's bedrooms, and office space, or home gym, the possibilities are endless. This home comes included with a professionally designed landscape package and a full irrigation system as well as our America's Smart Home® package that offers devices such as the Qolsys IQ Panel, Video Doorbell, Alarm.com app, Honeywell Thermostat, Deako Smart Light Switch, Kwikset Smart lock, and more.

At $199/sqft, this home is 12% 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 Santo Domingo Rd, Bastrop, TX 78602

Property Details

Price $265,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 1,332 sqft
Lot Size 0.08 acres (3,528.36 sqft)
Year Built 2026
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Valverde
County Bastrop
Zip Code 78602
$/sqft $199/sqft
Days on Market ,
HOA $65/Monthly
Annual Tax Est. $137.4
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT232185763
List Date June 1, 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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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 · June 1, 2026 $280,000
Previous ask $275,000
Current ask $265,000
▼ Reduced $15,000 (-5.4%) 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
211 Constanza Trl
VALVERDE
$262,130 $197 3 bd / 3 ba 1,332 sqft , 2026-06-30
117 Badillo Way
The Colony Mud 1A, Sec 2B
$270,000 $162 4 bd / 2 ba 1,668 sqft , 2026-01-12
306 Nizao Ln
Valverde
$256,100 $212 3 bd / 2 ba 1,206 sqft , 2026-06-01
206 George Neggan Ln
The Colony Mud 1A, Sec 2A
$254,999 $183 3 bd / 3 ba 1,396 sqft , 2026-07-22
320 Nizao Ln
Valverde
$254,000 $211 3 bd / 2 ba 1,206 sqft , 2026-06-02

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
$1,272/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
$53,000
20% conventional investment loan

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

Estimated Gross Rent+$1,272
Principal + Interest−$1,446
Property Tax (~2.1% TX avg)−$464
Insurance (~0.5%)−$110
Est. Monthly Cash Flow $-748

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 October 8, 2026.

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