124 Feather Grass Ln, Bastrop, TX, 78602 | 6.19% Rental Yield

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

124 Feather Grass Ln, Bastrop, TX, 78602 | 6.19% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

4 Bed
3 Bath
2670 sft

127 Medlar Dr, Cedar Creek, TX, 78612

4 Bed
3 Bath
2974 sft

Driftwood Plan, The Colony, Bastrop, TX, 78602

3 Bed
3 Bath
2579 sft

Pecos Plan, Adelton, Bastrop, TX, 78602

3 Bed
4 Bath
2034 sft

134 Deep Woods Dr, Cedar Creek, TX, 78612

Nearby investment properties with comparable prices

3 Bed
2 Bath
1455 sft

194 Rabbit Trl, Dale, TX, 78616

5 Bed
3 Bath
2673 sft

364 Colovista Pkwy, Bastrop, TX, 78602

2 Bed
1 Bath
1148 sft

16702 Fagerquist Rd, Del Valle, TX, 78617

5 Bed
4 Bath
2632 sft

143 Big Pine Creek Ln, Bastrop, TX, 78602

Ziffy AI Summary

A quick, investor-focused snapshot highlighting income strength, yield potential.

Key metrics	Value
Price	$399,900
Est. Rent	$3,200/mo
ROI	18%

Attractive rent-to-price ratio for income stability
Good fit for DSCR financing with healthy coverage

Explore more listings using simple english

Investment Highlights

Investment property for sale in Bastrop at 124 Feather Grass Ln, Bastrop, TX, 78602 offers a 6.19% rental yield on a $580,000 purchase with $2,994/mo rent. 95% in year one. Equity gained on principal adds $3,743/yr while 5% annual appreciation supports $160,243 over five years. Portfolio math shows five-year ROI at 66.73% and total cumulative return in cash at $127,329. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,994/mo property income against a $2,839/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 2023

1.02 Acres lot

$N/A/sqft

No HOA

More details about the property

Modern design meets peaceful woodland living in this stunning new two-story home surrounded by the pines of Bastrop. With 3 bedrooms, 2.5 baths, and a 2-car garage, this home offers an inviting open layout filled with natural light and high-end finishes throughout. The main level features spacious living and dining areas accented by a sleek electric fireplace wall and built-in shelving. The chefs kitchen boasts white shaker cabinetry, quartz countertops, stainless-steel appliances, and a large island with bar seatingperfect for entertaining. Upstairs, a flexible loft office or second living area overlooks the open staircase with modern iron railing. The primary suite offers a tray-ceiling design, private balcony views of the pine trees, and a spa-like bath with dual sinks, soaking tub, and separate shower. Enjoy outdoor living year-round on the covered patio and fenced backyard, ideal for relaxing or hosting gatherings. A storage barn with two roll-up doors provides plenty of space for tools, toys, or hobbies. Set on 1.02 acres, this contemporary home combines comfort, function, and stylejust minutes from Bastrops shops, dining, and outdoor recreation.

Neighborhood Data

Neighborhood data shown for ZIP Code: 78602, Bastrop, TX area.

Housing Distribution

Housing Statistics

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