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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Bastrop at 106 Pelican Ct, Bastrop, TX, 78602 offers a 7.25% rental yield on a $499,900 purchase with $3,022/mo rent. 36% in year one. Equity gained on principal adds $3,226/yr while 5% annual appreciation supports $138,113 over five years. Portfolio math shows five-year ROI at 79.91% and total cumulative return in cash at $132,420. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,022/mo property income against a $2,447/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2021
0.33 Acres lot
$N/A/sqft
$980 annually HOA
Neighborhood data shown for ZIP Code: 78602, Bastrop, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,506 (100%) |
| Owner Occupied HU | 11,642 (70.5%) |
| Renter Occupied HU | 3,542 (21.5%) |
| Vacant Housing Units | 1,322 ( 8.0%) |
| Median Home Value | $347,719 |
| Average Home Value | $396,837 |
Residential
14,020
Single Family
13,017
Multi-Family
1,003
Businesses
1,232
Date | Event | Price |
|---|---|---|
| 2025-03-14 | Listed for sale | $499,900 |
| 2024-10-15 | Listing removed | $499,900 |
| 2024-10-10 | Listed for sale | $499,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-03-14 | $8461.87 | 7.71% | $470,345 | 10.00% |
| 2023-03-14 | $7856.17 | 277.37% | $427,586 | 366.75% |
| 2022-03-14 | $2081.81 | 227.56% | $91,609 | 273.91% |
Listed by: Kelly Hamilton • Comfort Realty LLC
Mls Name: Unlock MLS
Mls Provider:
Mls ID: #6775828
Disclaimer: Based on information from Unlock MLS (alternatively, from ACTRIS) for the period through 2025-03-14 14:54:13 PDT. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided AS IS and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market. Information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#27)
