








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 156 Margies Way, Bastrop, TX, 78602 at $480,000 posts ROI 12.97% with from $2,493/mo rent. Total monthly income equals $2,493/mo. Return on cash invested measures 12.97% and rental yield reads 6.23% at the current $480,000. Equity gained on principal adds $3,097/yr, and 5% annual appreciation supports $132,615 by year five. Five-year ROI prints 66.84% and total cumulative return in cash totals $106,349. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,493/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2013
1.02 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 |
|---|---|---|
| 2025-07-24 | Listed for sale | $480,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-07-24 | $1041.82 | -56.77% | $438,379 | 10.00% |
| 2023-07-24 | $2410.00 | 1.81% | $398,526 | 10.00% |
| 2022-07-24 | $2367.25 | -0.18% | $362,296 | 10.00% |



Listed by: Zia Lowe • RE/MAX Bastrop Area
Mls Name: Unlock MLS
Mls Provider:
Mls ID: #3758618
Disclaimer: Based on information from Unlock MLS (alternatively, from ACTRIS) for the period through 2025-07-24 14:28:06 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)