1121 Largemouth RD Bastrop, TX 78602
3 Beds
3 Baths
1,500 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Coming Soon
Purchase Type For Sale
Square Footage 1,500 sqft
Subdivision Bastrop Grove
MLS Listing ID 5952680
Bedrooms 3
Full Baths 2
Half Baths 1
HOA Fees $60/mo
HOA Y/N Yes
Year Built 2023
Lot Size 4,791 Sqft
Acres 0.11
Property Sub-Type Single Family Residence
Source actris
Property Description
A rare turnkey opportunity in one of Central Texas's fastest-growing corridors. This Dec2023-built, 3-bedroom, 2-bath home is fully leased with tenants in place through end of April next year (with renewal possibility) — cash-flowing from day one.
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.
Location
State TX
County Bastrop
Area Ba
Interior
Interior Features Open Floorplan
Heating Central
Cooling Central Air
Flooring Carpet, Vinyl
Fireplace Y
Appliance Dishwasher, Microwave
Exterior
Exterior Feature Private Yard
Fence Back Yard, Privacy, Wood
Pool None
Community Features Cluster Mailbox, Playground
Utilities Available Electricity Available, Sewer Connected, Water Available
Waterfront Description None
View Neighborhood, Park/Greenbelt
Roof Type Composition
Accessibility None
Porch None
Total Parking Spaces 2
Private Pool No
Building
Lot Description Back Yard, Front Yard, Sprinklers In Front, Sprinklers On Side
Faces North
Foundation Slab
Sewer Public Sewer
Water Public
Level or Stories Two
Structure Type HardiPlank Type
New Construction No
Schools
Elementary Schools Mina
Middle Schools Bastrop
High Schools Bastrop
School District Bastrop Isd
Others
HOA Fee Include Common Area Maintenance