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$257,136

NAL Estimated Property Value

120 Cedar Spur, Bastrop, TX, 78602

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,386 Sq Ft
price_per_sqft$152.96 / sqft
Year BuiltBuilt in 1980

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 2Bathrooms 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Free-Standing Electric Oven, Free-Standing Refrigerator
FlooringSee Remarks

Exterior

Exterior FeaturesPrivate Yard
Lot Size1.21 acres

Building Information

Year Built1980
Stories1
Garage Spaces1

Land Information

APNR23223
Lot Number9
SubdivisionS6381 - Lake Bastrop Acres Sec 1
Land UseResidential
Legal DescriptionLAKE BASTROP ACRES SEC 1, BLOCK 9, LOT 9
Census Tract950506
Assessed Land Value$133,386
Assessed Improvement Value$123,750
Assessment Year2025

About this property

Located in Lake Bastrop Acres, this 2-bedroom, 2-bath home sits on a hilltop with mature oak trees, approximately six miles from Bastrop and near Lake Bastrop. The home offers a split floor plan with the primary suite on one side and the secondary bedroom and bath on the other. The primary suite includes vaulted ceilings, Saltillo tile flooring, a private entry, and an attached living space. French doors connect this area to the main living room, and there is also access to the backyard. The main living area features a brick wood-burning fireplace and access to the backyard. Vinyl flooring extends through the main living area, kitchen, and secondary bedroom. The layout includes two separate living spaces, providing flexibility for a variety of uses. The backyard is fenced and suitable for small dogs. Additional improvements include a circular drive and a portico-style carport with attached storage. The property is located on a tree-lined street with convenient access to town amenities.

Investor Tools

Property Icon
$257,136
Estimated Property Value
$29,434Estimated Mortgage Balance
$227,702Estimated Equity
88% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,543 /month
Positive
Cash Flow Estimate:
$514 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$262/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,855
$257,136
2025
$133,386
$123,750
$257,136
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,855
$257,136

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Coldwell Banker Mortgage
Conventional
$62,000
No
First
Jun 15, 2006
Jul 2036

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$29,434
$227,702
88%
11%
$372/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,386/mo
$372/mo
+$1,014/mo
6.5%

City: Bastrop

120 Cedar Spur | Property Details | No Agent List