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$385,000

NAL Estimated Property Value

198 Kelley Rd, Bastrop, TX, 78602

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,484 Sq Ft
SingleFamilyResidenceSingleFamilyResidence
price_per_sqft$259.43 / sqft
Year BuiltBuilt in 2013

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Gas Range, Gas Water Heater, Microwave
FlooringLaminate, Tile, Vinyl

Exterior

Private PoolPrivate Pool
Exterior FeaturesLighting, Private Yard
Lot Size1 acre

Building Information

Year Built2014
Stories1
Roof Type112

Land Information

APNR82083
Lot Number121B
SubdivisionS6343 - K C Estates Sec 3
Land UseResidential
Legal DescriptionK C ESTATES SEC 3, LOT 121B, ACRES 1.0000
Census Tract950504
Assessed Land Value$90,000
Assessed Improvement Value$200,507
Assessment Year2025

About this property

Set on a full acre in Bastrop, 198 Kelley Rd offers the kind of space and freedom that’s getting harder to find. This single story 2 bedroom, 2 bath home gives you room to grow, breathe, and create a lifestyle that feels entirely your own. Tucked among tall pine trees, the property has a peaceful feel from the moment you arrive. Morning light filters through the trees, blue jays call overhead, and the occasional bunny or deer passes through, making nature part of your everyday rhythm. The land opens the door to endless possibilities, whether you’re dreaming of expanding the home, adding a guest house or studio, creating space for multigenerational living, or simply enjoying the privacy of acreage. There’s room for gardens, a greenhouse, outdoor entertaining, or a workshop for creative projects. Inside offers comfortable, easy living, while outside is a blank canvas ready for your vision. This is more than just a property, it’s a place to slow down, settle in, and create something truly special in Bastrop.

Investor Tools

Property Icon
$385,000
Estimated Property Value
$357,421Estimated Mortgage Balance
$27,579Estimated Equity
7% 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

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$514/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$290,507
2025
$90,000
$200,507
$290,507
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$290,507

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Nations Lending Corp
Va
$373,790
Yes
First
Dec 1, 2023
Jan 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$357,421
$27,579
7%
93%
$2,242/mo

City: Bastrop

198 Kelley Rd | Property Details | No Agent List