890 Texas 21

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890 Texas 21

Bastrop, TX 78602
Asking Price
$670K
Asset Type
Single Family Rental Portfolio Multifamily
Class
Class B

What's Special

Unrestricted 3.6 acres offering true live/work freedom—bring your business, hobbies, and vision with <p> Unrestricted 3.6-acre property offering true live/work flexibility with multiple value-add opportunities. Renovated main home (2016) with durable, modern finishes including granite countertops and shaker cabinetry. Functional layout includes 3 bedrooms plus a large office (potential 4th bedroom), media room with wet bar, and 2.5 baths—ideal for long-term rental, short-term rental, or hybrid use.</p><p>Significant capital improvements already completed, including septic system upgrade (2023)

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NOI
$80,000
Cap Rate
11.94%
DSCR
2.01
Strong
Cash-on-Cash
20.01%
Monthly Payment
$3,314.794
Annual Cash Flow
$40,222.467

Location & Travel Times