Active Listing  ·  70 days on market

309 Rimrock Ct

Bastrop, TX 78602
$350,000
4 Bed 3 Bath 2,481 sqft $141/sqft Built 2018 0.14 acres 2-Car Garage Pool Pecan Park Residential Sec

Beautifully maintained 4-bedroom, 3-bath home built in 2018, ideally situated on a quiet cul-de-sac near Pecan Park’s hike and bike trails. The open-concept floor plan features a spacious living area, quartz countertops, a large center island, and a private primary suite on the main level, along with two secondary bedrooms and a full bath. Upstairs includes a fourth bedroom, full bath, and versatile bonus room currently used as a home theater. Enjoy the backyard with a patio, and plenty of space for relaxing or entertaining. Sellers are open to negotiating the sale of much of the home’s furnishings, providing a convenient move-in-ready opportunity. Conveniently located near schools, shopping, and downtown Bastrop.

At $141/sqft, this home is 38% 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

309 Rimrock Ct, Bastrop, TX 78602

Property Details

Price $350,000
Status Active Listing
Beds 4
Full Baths 3
Half Baths ,
Living Area 2,481 sqft
Lot Size 0.14 acres (6,011.28 sqft)
Year Built 2018
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Pecan Park Residential Sec
County Bastrop
Zip Code 78602
$/sqft $141/sqft
Days on Market ,
HOA $120/Quarterly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT241778578
List Date July 30, 2026
Elementary School Adelton
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
134 Edgewater Trl
Pecan Park Residential Sec
$350,000 $199 3 bd / 2 ba 1,755 sqft , 2026-05-27
111 Rainmaker Cv
PECAN PARK Section 7
$350,000 $144 4 bd / 3 ba 2,427 sqft , 2026-08-26
280 Rimrock Ct
Rivers Bend at Pecan Park
$349,999 $159 3 bd / 3 ba 2,202 sqft , 2026-10-02
354 Lamaloa Ln
Tahitian Village,
$349,500 $208 3 bd / 3 ba 1,682 sqft , 2026-09-18
713 Bluffview Dr
Pecan Park
$354,500 $152 4 bd / 3 ba 2,328 sqft , 2026-07-08

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
$1,680/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
$70,000
20% conventional investment loan

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

Estimated Gross Rent+$1,680
Principal + Interest−$1,910
Property Tax (~2.1% TX avg)−$613
Insurance (~0.5%)−$146
Est. Monthly Cash Flow $-989

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 August 28, 2026.

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