Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
Last 24 HoursLast 24 Hours
Street View of property
Street View
Days308Days on Market
Views1view

$255,000

609 Magnolia St, Bastrop, TX, 78602

On MarketInfo
Beds2 Beds
Baths1,000 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$255 / sqft
Year BuiltBuilt in 1976

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash BuyersVacant Homes

Highlights

Interior

Bedrooms 2Bedrooms 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Private PoolPrivate Pool
Lot Size8,364 sqft

Building Information

Year Built1976
Stories1
Roof Type105
Garage Spaces1

Land Information

APNR29623
Lot Number17
SubdivisionS6760 - Magnolia Park
Land UseResidential
Legal DescriptionMAGNOLIA PARK, LOT 17, ACRES 0.1920
Census Tract950401
Assessed Land Value$78,032
Assessed Improvement Value$104,558
Assessment Year2025

About this property

This charming single-story home sits on a large corner lot, shaded by towering trees and anchored by a huge backyard - the kind of outdoor space that's increasingly hard to find this close to downtown. The full remodel covers it all: new roof, flooring, fixtures, bathrooms, and foundation work, plus a host of modern touches that set this home apart. A beautifully painted brick exterior and a striking 15-panel front door welcome you in, while design-forward lighting, fixtures, low-maintenance wood-look flooring throughout, fresh paint, and abundant natural light carry that polish through every room. The gorgeous kitchen features rich wood cabinetry, white quartz countertops, stainless steel appliances, a 5-burner gas range, and an upgraded workstation sink - ready for everything from quick weeknight meals to weekend entertaining. Both bedrooms offer ceiling fans and natural light, and the bathrooms have a beautiful finish out. Ideally located in Bastrop, just minutes from historic downtown's shops and restaurants, and only two blocks from the newly renovated Minerva Delgado Park, featuring a playground, picnic pavilion, and splash pad - perfect for morning walks or weekend afternoons outdoors. This well established tree lined neighbohood brings the 1970's character of Bastrop while the house offers a finished project - leaving you free time to enjoy this growing area just 30 minutes outside of Austin - you'll love it here!

Investor Tools

Property Icon
$236,000
Estimated Property Value
$0Estimated Mortgage Balance
$236,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,530 /month
Positive
Cash Flow Estimate:
$510 /month

Interested in this property?

Irma Lozano

Coldwell Banker Realty

ContactContact

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$445/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,161
$182,590
2025
$78,032
$104,558
$182,590
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,161
$182,590

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$231,000
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
8.3%

Learn About the Market: Opportunity in Texas

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

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

No Agent List Top Properties.

These are Deal List properties graded A+, A.

Loading properties...

Sold Properties

Loading properties...

609 Magnolia St | Property Details | No Agent List