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$214,000

137 Ranchette St, Bastrop, TX, 78602

Off MarketInfo
Beds3 Beds
Baths1,024 Sq Ft
price_per_sqft$208.98 / sqft
Year BuiltBuilt in 1965

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Garage AvailableGarage Available

Exterior

Exterior FeaturesLighting, Private Entrance, Private Yard
Lot Size1.61 acres

Building Information

Year Built1965
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR29817
Lot Number24
SubdivisionS6460 - Lake Bastrop Ranchettes
Land UseResidential
Legal DescriptionLAKE BASTROP RANCHETTES BLK 1 LOT 24
Census Tract950505
Assessed Land Value$87,794
Assessed Improvement Value$64,511
Assessment Year2025

About this property

Embrace the tranquility of nature with this exceptional 2 lot, total of 3.5 acres wooded property, only 5 minutes from Lake Bastrop. This serene retreat has recently undergone extensive cleanup , and is ready for you to make it your own. With access to utilities such as water and electricity on the property, it also includes large barn for storage or livestock. This property provides a rare opportunity to own a sizable, tranquil plot in a desirable location that combines the charm of Historic Bastrop with easy access to the vibrant city of Austin. Perfect for a weekend getaway, future home or an investment opportunity with no restrictions. Don't miss out on this exceptional property with endless potential.

Investor Tools

Property Icon
$214,000
Estimated Property Value
$0Estimated Mortgage Balance
$214,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,434 /month
Positive
Cash Flow Estimate:
$478 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$316/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,719
$152,305
2025
$87,794
$64,511
$152,305
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,719
$152,305

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$240,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,088/mo
N/A
+$2,088/mo
11.7%

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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137 Ranchette St | Property Details | No Agent List