123 S Kanaio Drive, Bastrop, TX 78602 - Photo 1

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$575,000 -$20,000 (-3.36%) Price Reduced

For Sale
Active
Duplex
2,408 Sq. Ft.
0.192 Acres
2 Car Garage
Updated 19 hours ago

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Property Description

Outstanding Income-Producing Opportunity! Brand-new construction duplex in the desirable Tahitian Village community offering the perfect combination of quality craftsmanship, modern design, and long-term investment potential. With two identical units, each featuring approximately 1,204 square feet, 3 bedrooms, 2 bathrooms, and an attached garage, this property is ideal for investors or owner-occupants looking to offset their mortgage with rental income. Unlike typical new construction duplexes, these homes were thoughtfully upgraded with features that truly set them apart. Open-cell spray foam insulation provides superior energy efficiency and year-round comfort, while the finished garages offer added functionality beyond simple parking. Custom wood accents, including elegant wainscoting and beautiful ceiling treatments, create a warm, custom-home feel rarely found in comparable properties. Inside, each unit features an open-concept floor plan that seamlessly connects the living, dining, and kitchen areas. The stylish kitchens offer quality cabinetry, sleek countertops, stainless steel appliances, and generous workspace for everyday living and entertaining. Spacious primary suites include private ensuite bathrooms and ample closet space, while the additional bedrooms provide flexibility for family, guests, or a home office. Each unit also includes a dedicated laundry area and private outdoor space for relaxing or entertaining. Perfectly situated in Tahitian Village, you'll enjoy easy access to the Colorado River, local parks, hiking trails, downtown Bastrop's shopping and dining, and a convenient commute to Austin, Tesla, Samsung, and Austin-Bergstrom International Airport. This isn't just another duplex-it's a thoughtfully upgraded property designed to stand above the competition, offering exceptional quality, lasting value, and outstanding income-producing potential.

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Full Property Details

Full Property Details for 123 S Kanaio Dr

General

Price: $575,000
Taxes: $645 (2025)
Status: Active
Type: Duplex
Source: Austin_MLS
MLS ID: 4824755
Updated: 7/13/2026
Added to Site: 46 day(s) ago

Interior

Interior Features: Breakfast Bar, Eat-in Kitchen, Main Level Primary, Open Floorplan, Pantry
Appliances: Dishwasher, Electric Cooktop, Electric Oven, Microwave, Refrigerator
Flooring: Vinyl

Rooms

Other Rooms

Laundry: Main Level, In Unit, Washer Hookup

Additional Information

Shared Amenities: Trails/Paths
Security/Safety: None
Equipment: None

Exterior

Exterior Features: None
Porch/Patio/Deck: Rear Porch

Parking

Garage: Yes
Garage Spaces: 2
Covered Spaces: 2
Parking Features: Driveway, Garage

Location

Area: BA
County: Bastrop
Subdivision: Tahitian Village,
Driving Directions: HWY 71 to Tahitian Dr. RIGHT on Koloiki, LEFT on S. Kanaio
Direction Faces: West

School Information

Elem School District: Bastrop ISD
Midd School District: Bastrop ISD
High School District: Bastrop ISD
Elementary School: Emile
Middle School: Riverside
High School: Bastrop

Community

Association: Yes
Assoc. Name: TVPOA
Assoc. Fees Include: See Remarks

Heating & Cooling

Central air: Yes
Air Conditioning: Yes
Cooling Type: Central Air, Electric
Heating Type: Electric

Utilities

Sewer: Aerobic Septic
Water: Public
Utility Description: Electricity Available, Electricity Connected, Sewer Connected, Water Connected

Structural Information

Detached/Attached: Detached
Builder: Classic DBLG Holdings, LLC
Construction: Stone, Vertical Siding
Roof: Composition
Windows: None
Stories/Levels: 1
Square Feet: 2,408
Sq. Ft. Source: Builder
Living Area: 2,408 Sq. Ft.
Year Built: 2026
Year Built Source: Public Records
Property Condition: New Construction

Additional Structures

Other Structures: None

Lot Features

Property View: Neighborhood, Trees/Woods
Lot Size (Acres): 0.192
Lot Size (Sq. Ft.): 8,363.52
Lot Features: Moderate Trees
Fencing (Description): None

Financial Considerations

Assoc Fee Freq.: See Remarks
Assessment Amount: $38,054
Tax Amount: $645.63
Tax Year: 2025
Terms: Cash, Conventional, FHA, USDA Loan, VA Loan
Owner Pays: See Remarks

Disclosures and Reports

Special Conditions: Standard
Legal Description: TAHITIAN VILLAGE, UNIT 2, BLOCK 15, LOT 1298
Disclosures/Reports: None
Property ID: 27539
Block: 15
Lot Number: 1298

Listed by Keller Williams Realty

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Schools

Schools serving 123 S Kanaio Dr

School District:Bastrop Independent School District

Name	Grades	Distance
Emile Elementary School 601 Mlk, Bastrop, TX 78602	PK-5	2.4 mi
Bastrop High School 1614 Chambers Street, Bastrop, TX 78602	9-12	3.1 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 123 S Kanaio Dr Get Price Alerts and Save Property

Date

Details

Price

Change

Source

7/13/2026

Price Reduced

$575,000

-3.36%

MLS

5/29/2026

Listed

$595,000

—

MLS

Get Price Alerts and Save Property

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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123 S Kanaio Drive, Bastrop, TX 78602 (MLS# 4824755) is a Duplex property with 0 bedrooms and 0 full bathrooms. 123 S Kanaio Drive is currently listed for $575,000 and was received on May 29, 2026. Want to learn more about 123 S Kanaio Drive? Do you have questions about finding other Duplex real estate for sale in Bastrop? You can browse all Bastrop real estate or contact a Coldwell Banker agent to request more information.

123 S Kanaio Dr Bastrop, TX 78602