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$252,000

NAL Estimated Property Value

307 Cedar St, Bastrop, TX, 78602

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,102 Sq Ft
price_per_sqft$229.58 / sqft
Year BuiltBuilt in 1942

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Half 2Bathrooms Half 2
Garage AvailableGarage Available
AppliancesDishwasher, Exhaust Fan, Gas Range
FlooringBamboo, Vinyl, Wood

Exterior

Exterior FeaturesLighting, Private Yard
Lot Size7,187 sqft

Building Information

Year Built1942
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR36371
Lot Number5
SubdivisionS7550 - Riverview Heights
Land UseResidential
Legal DescriptionRIVERVIEW HEIGHTS, BLOCK 4, LOT 5, ACRES 0.165
Census Tract950401
Assessed Land Value$71,874
Assessed Improvement Value$106,089
Assessment Year2025

About this property

Take a step back in time and experience all the character, charm, and beauty this Bastrop bungalow built in the 1940's has to offer. This home is truly something special. It’s not outdated or old—just timeless and classic, in all the best ways. The interior features gleaming hardwood and bamboo floors, wood walls and ceilings, 3 bedrooms and 2 full bathrooms, including a bright and airy owner’s suite with private outdoor access. Expansive porches and decks allow you to remain connected with nature. The private location invites wildlife sightings, encouraging you to enjoy your morning coffee on one of the porches and take in the beauty of nature. This sought-after cottage is paired with convenience, with Fisherman’s Park, the Historic Church District, Main Street and historic downtown Bastrop, Jerry Fay Wilhelm Center for the Performing Arts, and Bastrop High School all just minutes from your doorstep. The story of this home is still being written, and it invites its next fortunate owners to care for its true quintessential charm. Agents / Buyers are to verify any and all information; including but not limited to, floodplain info, survey information, building codes, etc.

Investor Tools

Property Icon
$252,000
Estimated Property Value
$0Estimated Mortgage Balance
$252,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,518 /month
Positive
Cash Flow Estimate:
$506 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$434/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,946
$177,963
2025
$71,874
$106,089
$177,963
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,946
$177,963

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$248,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,626/mo
N/A
+$1,626/mo
7.7%

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.

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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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307 Cedar St | Property Details | No Agent List