About This Home

Description coming soon...

At $252/sqft, this home is priced 10% above the Bastrop active market average of $229/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

311 Maddy Way, Bastrop, TX 78602

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Property Details

Price $499,900

Status Active Listing

Beds 3

Full Baths 2

Half Baths ,

Living Area 1,984 sqft

Lot Size 0.14 acres (6,067.91 sqft)

Year Built 2026

Garage 2 spaces

Stories ,

Type Residential · Single Family Residence

Subdivision The Colony

County Bastrop

Zip Code 78602

$/sqft $252/sqft

Days on Market ,

HOA $1,959/Annually

Annual Tax Est. ,

Pool Yes

Waterfront ,

New Construction Yes

MLS # ACT250262691

List Date October 19, 2026

Elementary School Colony Oaks

Middle School Bastrop

High School Bastrop

School District Bastrop ISD

School District

Bastrop ISD

Colony Oaks · Bastrop · Bastrop

Have Questions About This Property?

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 · October 19, 2026 $499,900

Previous ask $508,900

Current ask $499,900

▲ Increased , (+0.0%) 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

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

139 William Hersee Dr
The Colony $527,900 $208 4 bd / 3 ba 2,536 sqft , 2026-11-06

227 Kingswood Dr
The Colony - 45' $469,900 $188 4 bd / 2 ba 2,498 sqft , 2026-03-27

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

$99,980

20% conventional investment loan

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

Estimated Gross Rent+$2,400

Principal + Interest−$2,728

Property Tax (assumed ~2.1%)−$875

Insurance (assumed ~0.5%)−$208

Est. Monthly Cash Flow $-1,411

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 · 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 November 5, 2026.

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

311 Maddy Way

Location

Property Details

How This Ask Has Moved

Comparable Listings Right Now

Rental Income Potential

Major Employers Near Bastrop, TX

More Luxury Homes in Bastrop

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