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Turnkey Investment Property | Tenants In Place | 7% Cap Rate | Newer Build (~2.5 years old) A rare turnkey opportunity in one of Central Texas's fastest-growing corridors. This Dec 2023-built, 3-bedroom, 2-bath home is fully leased with tenants in place through end of April next year (with renewal possibility). Great rental yield and low 2.1% property tax rate. Cash-flowing from day one in an unbeatable location. Location, Location, Location: Minutes from SpaceX, The Boring Company, X, and Lost Pines, with easy access to MD Anderson, Ascension Seton, and Bastrop ISD. Tesla's Gigafactory and Austin-Bergstrom International Airport are both a short drive away, placing this property at the center of one of the region's strongest growth corridors. Property Highlights: 3 bedrooms, 2 bathrooms | Open-concept living and kitchen space | Generous backyard | Dedicated 2-car parking behind the home with alley access | Quick access to local retail, dining, and short drive to Bastrop downtown The Numbers: On a full cash purchase, net rent (after property taxes, landlord's insurance, and HOA) delivers approximately a 7% cap rate — plus upside from continued area appreciation. Buyers who qualify for Real Estate Professional (REP) status may also benefit from bonus depreciation and cost segregation, given the favorable improvement-to-land value ratio on this newer build. This is a rare combination in today's market. Can easily qualify for investor or DSCR loans — we can help with lender contacts. Ideal for both first-time and seasoned investors looking for immediate cash flow backed by long-term growth fundamentals. Call the Listing Agent for full cash flow projections, financials, and to schedule a private showing. Please verify all information and complete your own due diligence. Please do not visit the property directly or disturb tenants. Serious buyers, please call/text listing agent to schedule a showing.

Detalles de la propiedad

Tipo de propiedad

Residential · SingleFamilyResidence

Estatus

Active

Año de construcción

2023

Baños completos

2

Half baths

1

Tamaño del lote

0.11

Fraccionamiento

Bastrop Grove

Área MLS

BA

MLS #

244746667

Características

Detalles adicionales

Estacionamiento

Driveway

Lugares de cochera

0

Techo

Composition

Cimentación

Slab

HOA

$60 / monthly

Impuesto anual

$4,406

Escuelas

Assigned schools per the MLS.

Distrito escolar

Bastrop ISD

Primaria

Mina

Secundaria

Bastrop

Preparatoria

Bastrop

See Bastrop ISD schools & boundaries →

Análisis del mercado

Compared with 600 active homes in ZIP 78602 · HomeLocating listings

At $245,000, this home is priced 38% below the $395,000 median across 600 active homes in ZIP 78602.