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$489,000

28 Lost Pines Ave, Bastrop, TX, 78602

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,934 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$252.84 / sqft
Year BuiltBuilt in 1964

Property Lead Type:

Off-Market ListMust-SellAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesGas Cooktop, Exhaust Fan, Electric Water Heater
FlooringCarpet, Tile

Exterior

Private PoolPrivate Pool
Lot Size2 acres

Building Information

Year Built1968
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR24965
SubdivisionBastrop Town Tract
Land UseResidential
Legal DescriptionA11 BASTROP TOWN TRACT, ACRES 2.0000
Census Tract950401
Assessed Land Value$120,000
Assessed Improvement Value$182,549
Assessment Year2025

About this property

Imagine winding down your day surrounded by two acres of your own private, towering pines, all while sitting just over a mile from the historic charm of Bastrop. This single-story, 4 bedroom, 2 bathroom home offers the freedom of a substantial wooded lot with absolutely no HOA restrictions. Living in this scenic pocket of Bastrop means you can enjoy peaceful country privacy without sacrificing quick access to the area's best local dining corridors and parks. The layout is designed to bring the beauty of the outdoors inside, a feature that becomes crystal clear the moment you step toward the back of the home. Here, a spectacular sunroom features a striking wall of floor-to-ceiling windows that frames panoramic, uninterrupted views of your heavily wooded backyard. This room opens effortlessly into the main living areas, which are tied together by durable tile flooring that looks like rich hardwood. The central living space features a cozy brick wood-burning fireplace, creating an inviting spot for evening conversations. Just steps away, the open-concept kitchen serves as a fantastic gathering hub, with a large central island, cooktop, stainless steel wall oven and microwave and classic open shelving. The primary suite is a quiet retreat featuring a private bathroom hidden behind a rustic wood barn door. On the other side of the home, the fourth bedroom offers incredible versatility as a home office or guest suite, complete with its own independent wall-mounted mini-split AC system and a private exterior entrance. Right nearby, an indoor laundry room adds great day-to-day utility and storage space within the homes main footprint. Outside, the property features a large detached workshop on a concrete slab—perfect for projects, or extra storage. With Highways 71, 21, and 95 all just moments away, commuting into Austin or heading to the airport is incredibly straightforward, giving you the perfect balance of local Bastrop convenience and peaceful country seclusion.

Investor Tools

$105,642Estimated Mortgage Balance
$279,209Estimated Equity
71% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,934 /month
Positive
Cash Flow Estimate:
$978 /month

Interested in this property?

Watters International Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$462/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,626
$302,549
2025
$120,000
$182,549
$302,549
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,626
$302,549

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Willow Bend Mortgage Co
Conventional
$133,010
No
First
Jul 29, 2016
Aug 2031

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$105,642
$269,358
71%
28%
$798/mo

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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28 Lost Pines Ave | Property Details | No Agent List