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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% |
Rental property for sale in Bastrop at 120 Millsaps Ct, Bastrop, TX, 78602 offers $2,400/mo rent that, after a $1,953/mo payment. Total monthly income is $2,400/mo. Return on cash invested measures 12.3% in year one, and rental yield stands at 7.22% at a $399,000 entry. Equity gained on principal adds $2,575/yr while 5% annual appreciation compounds into $110,236 by year five. Five-year ROI records 64.54% and total cumulative return in cash reaches $85,370. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,400/mo property income versus a $1,953/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2021
8,502 sqft lot
$N/A/sqft
$136 monthly 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 |
|---|---|---|
| 2025-06-08 | Listed for sale | $399,000 |
| 2025-04-08 | Listing removed | $2,560 |
| 2025-04-01 | Listing removed | $425,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-09 | $9810.32 | -3.17% | $442,867 | N/A |
| 2023-06-09 | $10131.57 | -10.43% | $442,867 | -2.50% |
| 2022-06-09 | $11311.74 | 832.55% | $454,241 | 927.95% |
Listed by: Lili Maliner • Coldwell Banker Realty
Mls Name: Unlock MLS
Mls Provider:
Mls ID: #7127983
Disclaimer: Based on information from Unlock MLS (alternatively, from ACTRIS) for the period through 2025-06-09 05:53:52 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)
