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$225,000

212 Cool Water Dr, Bastrop, TX, 78602

Under ContractInfo
Beds3 Beds
Baths1 Bath
Baths1,008 Sq Ft
price_per_sqft$223.21 / sqft
Year BuiltBuilt in 1982

Property Lead Type:

Absentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1.5Bathrooms Full 1.5
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesExhaust Fan, Electric Range, Range Hood
FlooringTile, Vinyl

Exterior

Exterior FeaturesNone
Lot Size23,740 sqft

Building Information

Year Built1982
Stories1
Garage Spaces1

Land Information

APNR49928
Lot Number19
SubdivisionS6382 - Lake Bastrop Acres Sec 2
Land UseResidential
Legal DescriptionLAKE BASTROP ACRES SEC 2, BLOCK 16, LOT 19
Census Tract950506
Assessed Land Value$92,923
Assessed Improvement Value$90,655
Assessment Year2025

About this property

Beautifully remodeled and move-in ready on over a half-acre! Situated on a spacious 0.54-acre lot, this thoughtfully updated home offers the perfect blend of modern style and peaceful Hill Country living. The interior features updated flooring, fresh paint, contemporary lighting, and a beautifully renovated kitchen with stylish cabinetry, countertops, and appliances. Updated bathrooms and tasteful finishes throughout create a bright, inviting atmosphere. The functional floor plan offers comfortable living spaces ideal for both everyday living and entertaining. Step outside to enjoy the expansive backyard with plenty of room for gardening, outdoor activities, or future additions. Conveniently located just minutes from historic downtown Bastrop, shopping, dining, schools, and easy access to Hwy 71 for an easy commute to Austin. Experience the charm of country-style living with the convenience of nearby amenities—this move-in-ready home is one you won't want to miss!

Investor Tools

$0Estimated Mortgage Balance
$244,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,464 /month
Positive
Cash Flow Estimate:
$488 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$398/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,557
$183,578
2025
$92,923
$90,655
$183,578
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,557
$183,578

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$244,000
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
10.3%

Learn About the Market: Opportunity in Texas

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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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212 Cool Water Dr | Property Details | No Agent List