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$255,000

NAL Estimated Property Value

710 Watterson Rd, Bastrop, TX, 78602

Off MarketInfo
Baths0 Bath

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size9.83 acres

Land Information

APNR69797
SubdivisionSmith, Charles S
Land UseResidential
Legal DescriptionA58 SMITH, CHARLES S., ACRES 9.83
Census Tract950302
Assessed Land Value$151,628
Assessed Improvement Value$8,792
Assessment Year2025

About this property

Start your summer off right by making this beautiful property yours in Bastrop County! This 9.83 acre tract comes with electricity on the property, a well, pole barn, and storage shed that's in excellent condition. The front of the property is cleared, with the rest of the acreage filled with brush and mature trees. The entire property is fenced, so bring your horses or cattle! Make plans to build your custom home and enjoy the peacefulness of country living within 15 miles from Bastrop and Hwy 71. You're only 35 minutes away from the airport. Down the road you'll find a gem of a community in Rockne with mom & pop shops and restaurants. Head a few miles down the road and you'll find Watterson Hall in Red Rock, perfect for family gatherings. Enjoy the scenic drive of green fields and horse ranches, it's absolutely amazing! To tour this property you must be accompanied by a realtor. There is a locked gate at the entrance off of Watterson Rd., then an easement leading to the property. Down the road you'll find a gem of a community in Rockne with mom & pop shops and restaurants. Head a few miles down the road and you'll find Watterson Hall in Red Rock, perfect for family gatherings. Enjoy the scenic drive of green fields and horse ranches, it's absolutely amazing! Interested in touring this property? You must be accompanied by a licensed real estate agent, so reach out to schedule your tour. There is a locked gate at the entrance off of Watterson Rd., then an easement leading to the property. A new survey is available and this property is out of the flood zone. Some restrictions include: no manufactured homes and no junk cars. Reach out for a copy of the deed restrictions.

Investor Tools

Property Icon
$255,000
Estimated Property Value
$212,686Estimated Mortgage Balance
$43,035Estimated Equity
14% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,679 /month
Positive
Cash Flow Estimate:
$560 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$314/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,495
$160,420
2025
$151,628
$8,792
$160,420
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,495
$160,420

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Farm Credit Mid America Flca
Credit Line (Revolving) / Heloc
$223,920
No
First
Jun 19, 2023
Jul 2043

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$212,686
$37,314
14%
83%
$1,343/mo

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.

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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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710 Watterson Rd | Property Details | No Agent List