Date
Details
Price
Change
Source
7/06/2026
Listed
$254,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$254,000 Just Listed
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Property Description
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.
Full Property Details
Full Property Details for 1121 Largemouth Rd
General
- Price: $254,000
- HOA FEE: $60/month
- Taxes: $4,406 (2026)
- Status: Active
- Type: Single Family
- Source: Austin_MLS
- MLS ID: 5952680
- Updated: 7/11/2026
- Added to Site: 6 day(s) ago
Interior
- Interior Features: Open Floorplan
- Appliances: Dishwasher, Microwave
- Flooring: Carpet, Vinyl
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 2
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: Laundry Closet
Additional Information
- Shared Amenities: Community Mailbox, Playground
- Security/Safety: None
Exterior
- Exterior Features: Private Yard
Parking
- Total Spaces: 2
- Parking Features: Driveway
Location
- Area: BA
- County: Bastrop
- Subdivision: Bastrop Grove
- Driving Directions: From TX-71, turn South on Hwy 304.Turn Left on Greenleaf Fisk at Hunter's Crossing. Turn left on Bass Dr.
- Direction Faces: North
School Information
- Elem School District: Bastrop ISD
- Midd School District: Bastrop ISD
- High School District: Bastrop ISD
- Elementary School: Mina
- Middle School: Bastrop
- High School: Bastrop
Community
- Association: Yes
- Assoc. Name: Bastrop Grove
- Assoc. Fees Include: Common Area Maintenance
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Available, Sewer Connected, Water Available
Structural Information
- Detached/Attached: Detached
- Builder: Lennar
- Construction: HardiPlank Type
- Roof: Composition
- Windows: None
- Stories/Levels: 2
- Square Feet: 1,500
- Sq. Ft. Source: Public Records
- Living Area: 1,500 Sq. Ft.
- Year Built: 2023
- Year Built Source: Builder
- Property Condition: Resale
Additional Structures
- Other Structures: None
Lot Features
- Property View: Park/Greenbelt, Neighborhood
- Lot Size (Acres): 0.11
- Lot Size (Sq. Ft.): 4,791.6
- Fence: Yes
- Lot Features: Back Yard, Front Yard, Sprinklers In Front, Sprinklers On Side
- Fencing (Description): Back Yard, Privacy, Wood
Financial Considerations
- Association Fee: $60
- Assoc Fee Freq.: Monthly
- Assessment Amount: $209,785
- Tax Amount: $4,406.76
- Tax Year: 2026
- Terms: Cash, Conventional
Disclosures and Reports
- Special Conditions: See Remarks
- Documents Avail.: Lease, Rent Rolls, Survey
- Legal Description: SEC 2 BLK P LOT 22
- Disclosures/Reports: See Remarks
- Property ID: 1121 Largemouth Ln
- Block: P
- Lot Number: 22
Listed by All City Real Estate Ltd. Co
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Listing agent
— 1121 Largemouth Rd —
All City Real Estate Ltd. Co
(858) 729-4938
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 1121 Largemouth Rd
School District:Bastrop Independent School District
| Name | Grades | Distance |
|---|---|---|
Bastrop Middle School 725 Old Austin Highway, Bastrop, TX 78602 | 7-8 | 0.6 mi |
Bastrop High School 1614 Chambers Street, Bastrop, TX 78602 | 9-12 | 2.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1121 Largemouth Rd
Tax History
Tax History for 1121 Largemouth Rd
Year
Property Taxes
Change
Tax Assessment
Change
2024
$4,334
454%
$220,000
—
2023
$783
100%
$220,000
452%
2022
—
$39,888
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1121 Largemouth Rd
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- Single Family
- Active
- Updated 10 hours ago
- 4Beds
- 3Total Baths
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1121 Largemouth Road, Bastrop, TX 78602 (MLS# 5952680) is a Single Family property with 3 bedrooms, 2 full bathrooms and 1 partial bathroom. 1121 Largemouth Road is currently listed for $254,000 and was received on July 06, 2026. Want to learn more about 1121 Largemouth Road? Do you have questions about finding other Single Family real estate for sale in Bastrop? You can browse all Bastrop real estate or contact a Coldwell Banker agent to request more information.