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$420,000

NAL Estimated Property Value

348 Old Firetower Rd, Bastrop, TX, 78602

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,847 Sq Ft
price_per_sqft$213.86 / sqft
Year BuiltBuilt in 1991

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 2Bathrooms 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Water Heater, Free Standing Range, Gas Cooktop
FlooringCarpet, Vinyl

Exterior

Exterior FeaturesExterior Steps, Rain Gutters
Lot Size6.79 acres

Building Information

Year Built1991
Stories1
Roof Type112
Garage Spaces5

Land Information

APNR26062
Lot Number34
SubdivisionCircle D Sec 2
Land UseResidential
Legal DescriptionCIRCLE D SEC 2, LOT 34, 6.790 ACRES
Census Tract950505
Assessed Land Value$46,452
Assessed Improvement Value$270,979
Assessment Year2025

About this property

Enter this magnificently well built home & see the open concept with a cathedral ceiling accented by the large fireplace, book cases, built-ins, etc. 3 car garage w/workshop. The 6.79 acres features a pond & mature hardwoods. The walkways along the gardens leading to the house from the motor court in front of the garage invite noticing the various species of birds at feeders or in grasses and wildflowers. Relax on the large covered porch & soak it in! Bonus room could be used as a nursery or study.Restrictions: Yes Sprinkler Sys:Yes

Investor Tools

Property Icon
$420,000
Estimated Property Value
$0Estimated Mortgage Balance
$420,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,520 /month
Positive
Cash Flow Estimate:
$840 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$495/month
$125/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,835
$317,431
2025
$46,452
$270,979
$583,659
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,835
$317,431

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$471,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,626/mo
$125/mo
+$1,501/mo
4.6%

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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348 Old Firetower Rd | Property Details | No Agent List