








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 118 Kaelepulu Dr, Bastrop, TX, 78602 listed at $389,000 pairs $3,022/mo rent with a $1,904/mo payment to leave $256/mo cash flow. Total monthly income runs $3,022/mo, and annual cash flow reaches $3,069/yr on $128,954 cash to close. Return on cash invested measures 22.29% in year one, and rental yield registers 9.32% at a $389,000 basis. Equity gained on principal adds $2,510/yr, and annual property appreciation at 5% supports $107,474 by year five. Five-year ROI tracks 116.82% and total cumulative return in cash totals $150,642. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,022/mo property income relative to a $1,904/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2025
0.33 Acres lot
$N/A/sqft
No 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Angelica Luna • All City Real Estate Ltd. Co
Mls Name: Unlock MLS
Mls ID: #6821903