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Property Description
Located just moments from the heart of historic downtown Bastrop, 607 Magnolia Street presents a rare opportunity to secure a strategically positioned property with long-term upside in one of Central Texas' fastest-growing markets. Set on a generous lot with no HOA, this property offers flexibility for a wide range of buyers - from owner-occupants seeking charm and convenience, to investors focused on appreciation, rental demand, and future redevelopment potential. Walkable proximity to downtown shops, dining, and community events enhances both lifestyle appeal and rental desirability, while easy access to Highway 71 keeps Austin within reach. The home's efficient footprint and lot configuration open the door to multiple value-add strategies: renovate and hold, reposition as a long-term rental, explore short-term rental potential (buyer to verify), or capitalize on the underlying land value as Bastrop continues its upward growth trajectory. Properties this close to downtown with no HOA restrictions are increasingly scarce - making this a compelling acquisition in today's market. Surrounded by ongoing development, rising demand, and Bastrop's expanding reputation as a lifestyle and investment destination, 607 Magnolia St is more than a home - it's a smart move in a market where location and flexibility drive returns. Ideal for buyers seeking character, investors pursuing cash flow or appreciation, and anyone looking to secure a foothold in a high-growth Texas community.
Full Property Details
Full Property Details for 607 Magnolia St
General
- Price: $199,000
- Taxes: $4,851 (2025)
- Status: Active
- Type: Single Family
- Source: Austin_MLS
- MLS ID: 1785422
- Updated: 1/22/2026
Property History
- 607 Magnolia St, Bastrop, TX
- Listed $199,000 on 1/22/26
Interior
- Interior Features: Breakfast Bar, Ceiling Fan(s), Eat-in Kitchen, Kitchen Island, Main Level Primary, No Interior Steps, Open Floorplan, Pantry, Quartz Counters, Storage, Walk-In Closet(s)
- Appliances: Dishwasher, Electric Range, FreeStandingElectric Range, Gas Water Heater, Microwave, Range, Refrigerator, Self Cleaning Oven
- Flooring: Laminate, Tile
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 2
- Bedrooms Main: 2
Other Rooms
- Laundry: Inside, In Kitchen, Main Level, Laundry Room, Washer Hookup, Electric Dryer Hookup
Additional Information
- Shared Amenities: Street Lights, Suburban, Curbs
- Security/Safety: Smoke Detector(s)
Exterior
- Exterior Features: Garden, No Exterior Steps
- Porch/Patio/Deck: Deck
Parking
- Garage: Yes
- Garage Spaces: 1
- Covered Spaces: 1
- Total Spaces: 3
- Parking Features: Attached, Garage Faces Front, Garage
Location
- Area: BA
- County: Bastrop
- Subdivision: Magnolia Park
- Driving Directions: Start on Highway 71: Head east on Highway 71. Take the exit for TX-95: Merge onto TX-95 N toward Bastrop. Continue on TX-95: Drive for approximately 5 miles. Turn left onto Main St: After entering Bastrop, turn left onto Main St. Continue on Main St: Drive for about 0.5 miles. Turn right onto Magnolia St: You will find Magnolia St on your right. Arrive at 607 Magnolia St: Your destination will be on the left.
- 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
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s)
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Above Ground Utilities, Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
Structural Information
- Detached/Attached: Detached
- Construction: Cement Siding, Stone Veneer
- Roof: Shingle
- Windows: Aluminum Frames, Blinds
- Stories/Levels: 1
- Square Feet: 957
- Sq. Ft. Source: Public Records
- Living Area: 957 Sq. Ft.
- Year Built: 1976
- Year Built Source: Public Records
- Property Condition: Resale
Additional Structures
- Other Structures: Shed(s), Storage
Lot Features
- Property View: Neighborhood
- Lot Size (Acres): 0.193
- Lot Size (Sq. Ft.): 8,407.08
- Street Lights: Yes
- Fence: Yes
- Lot Features: Back Yard, Few Trees, Trees Medium Size
- Fencing (Description): Back Yard, Chain Link, Fenced
Financial Considerations
- Assessment Amount: $246,250
- Tax Amount: $4,851.24
- Tax Year: 2025
- Terms: Buyer Assistance Programs, Cash, Conventional, FHA, Fannie Mae, VA Loan
Disclosures and Reports
- Special Conditions: Standard
- Documents Avail.: Survey
- Legal Description: MAGNOLIA PARK, LOT 16, ACRES 0.193
- Disclosures/Reports: Seller Disclosure
- Property ID: 29615
- Lot Number: 16
Listed by JBGoodwin REALTORS WL
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Schools
Schools serving 607 Magnolia St
School District:Bastrop Independent School District
| Name | Grades | Distance |
|---|---|---|
Mina Elementary School 1203 Hill Street, Bastrop, TX 78602 | PK-5 | 1 mi |
Bastrop Middle School 725 Old Austin Highway, Bastrop, TX 78602 | 7-8 | 1.6 mi |
Bastrop High School 1614 Chambers Street, Bastrop, TX 78602 | 9-12 | 0.8 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Estimate the Cost
Estimate the Cost for 607 Magnolia St
607 Magnolia Street, Bastrop, TX 78602 (MLS# 1785422) is a Single Family property with 2 bedrooms and 1 full bathroom. 607 Magnolia Street is currently listed for $199,000 and was received on January 22, 2026. Want to learn more about 607 Magnolia Street? 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.

