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$385,000

116 Badillo Way, Bastrop, TX, 78602

On MarketInfo
Beds4 Beds
Baths3 Bath
Baths1,884 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$204.35 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
CoolingCooling
AppliancesDishwasher, Disposal, Microwave, Free-Standing Gas Range, Stainless Steel Appliance(s)
FlooringCarpet, Vinyl

Exterior

Private PoolPrivate Pool
Exterior FeaturesNone
Lot Size6,970 sqft

Building Information

Garage Spaces1

Land Information

APNR8712426
Lot Number4
Land UseResidential
Legal DescriptionTHE COLONY MUD 1A, SECTION 2B, BLOCK D, LOT 4, ACRES 0.160 (AMENDED PLAT OF THE COLONY MUD 1A-2A & 2B)
Census Tract950301
Assessed Land Value$51,784
Assessed Improvement Value$253,159
Assessment Year2025

About this property

4 Bedroom Home in The Colony Bastrop TX | Primary on Main | Built 2021 | Open Floor Plan | Loft/Flex Space | Backs to Park Located in The Colony MUD in Bastrop, TX, this 2-story Lennar-built home (2021) offers 4 bedrooms, 2.5 baths, and 1,884 square feet with a layout buyers are actively searching for — including a primary suite and laundry room on the main level. The open-concept floor plan connects the kitchen, dining, and living areas, creating a central space that works for both everyday living and entertaining. Upstairs, you’ll find three additional bedrooms plus a loft/flex space, perfect for a game room, media area, or second living space. Step outside to a backyard that backs directly to a park, giving you added privacy and a peaceful view — no rear neighbors. Living in The Colony means access to amenities designed for both recreation and community connection. Residents enjoy: • 2 community pools• Fitness center/gym• 4 playgrounds• Nature trails• Pickleball court• Dog park• 2 catch-and-release ponds • New elementary school within the community. The community Lake House also hosts activities throughout the year including weekly bingo, reading clubs, walking groups, and neighborhood events that make it easy to stay connected. Located with easy access to major roads, shopping, and everyday conveniences, this home offers both functionality and location. If you’ve been searching for: • “Primary bedroom on main floor” • “Newer home built 2021+” • “Open concept layout” • “Home with loft or flex space” • “Backs to park / no rear neighbors” This one checks the boxes.

Investor Tools

$324,099Estimated Mortgage Balance
$57,478Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,310 /month
Positive
Cash Flow Estimate:
$770 /month

Interested in this property?

Kelly Hamilton

Comfort Realty LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$530/month
$88/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$304,943
2025
$51,784
$253,159
$304,943
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$304,943

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Lennar Mortgage Llc
Fha
$347,185
Yes
First
Oct 31, 2022
Nov 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$324,099
N/A
0%
85%
$2,082/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Bastrop

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116 Badillo Way | Property Details | No Agent List