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$317,000

NAL Estimated Property Value

188 Tahitian Dr, Bastrop, TX, 78602

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,000 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$134 / sqft
Year BuiltBuilt in 1978

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Half 2Bathrooms Half 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Exhaust Fan, Microwave, Free-Standing Range, Self Cleaning Oven
FlooringCarpet, Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesPrivate Yard
Lot Size15,987 sqft

Building Information

Year Built1978
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR27722
Lot Number1123
SubdivisionS7980 - Tahitian Village, Unit 1
Land UseResidential
Legal DescriptionTAHITIAN VILLAGE, UNIT 1, BLOCK 11, LOT 1123, RESUB OF LOTS 1122(N 1/2) & 1123)
Census Tract950402
Assessed Land Value$46,521
Assessed Improvement Value$212,277
Assessment Year2025

About this property

Nestled in the pines of Bastrop, this cozy home is ready for the it's new owner. The home is surrounded by trees and space, no neighbors to the right or left and no neighbors behind. Easy access to all rooms, lots of light, a cozy woodsy feel, 2nd story loft area is a bonus room, currently being used as an office, wet bar equipped and room to build a bathroom as well. This home has charm and ready for you to put your personal touches on it.

Investor Tools

Property Icon
$317,000
Estimated Property Value
$187,578Estimated Mortgage Balance
$129,780Estimated Equity
40% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,902 /month
Positive
Cash Flow Estimate:
$634 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$603/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,649
$258,798
2025
$46,521
$212,277
$258,798
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,649
$258,798

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Citadel Servicing Corporation
Conventional
$205,800
No
First
Aug 30, 2021
Sep 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$187,578
$129,422
40%
59%
$1,234/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,088/mo
$1,234/mo
+$854/mo
7.9%

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.

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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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188 Tahitian Dr | Property Details | No Agent List