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$85,000

NAL Estimated Property Value

110 Waipahoehoe DR, Bastrop, TX, 78602

Off MarketInfo

About this property

Excellent lot in Tahitian Village, so many positives for this property: 1). Dead end street, so through traffic is limited. 2). Very nice homes have been built on this street and not many lots remain. 3). The lot is the second lot on the right, so you are off the main thoroughfare road (Lamoloa). 4). No one will build a home behind this lot, or across the street from you either. 5). The Colorado River Greenbelt and trail is directly behind the lot and to the left of it. There is a greenbelt across the street on the other side, and a railroad track that comes through now and then. 6). The Colorado River is about a 1/2 mile hike from this lot. 7). The street here, Waipahoehoe DR is currently being paved! It is a dirt road with a lot of dust kicked up when cars drive by but that will soon be over! 8). Close to HWY 21 and 71 and downtown Bastrop where all the excellent dining and bars are located. 9). The lot is very level with good building sites and lots of trees, so you can keep the trees you want and cut others down to fit where your future home will be. 10). There is a perfect place on the back of the lot with a natural small drainage area to dam up the drainage and put in a small pond in your private backyard! 11). Access to the Colorado River and parks nearby. 12). Bastrop is only 30 miles from Austin should you need to go there for additional specialty shopping, healthcare or dining. This lot is the perfect place if you have been considering Bastrop, or somewhere not far from Austin for your new home! Partial FEMA 500 year floodplain on this lot, an aerial map is available to show this. Buyer will need to get a survey as there is not one and this will help confirm if 500 year floodplain has been removed or changed.

Investor Tools

Property Icon
$85,000
Estimated Property Value
$0Estimated Mortgage Balance
$85,000Estimated Equity
100% equity
Estimated Cap Rate
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Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$510 /month
Positive
Cash Flow Estimate:
$170 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
$204/month
5.947%

City: Bastrop

110 Waipahoehoe DR | Property Details | No Agent List