








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 172 Kaanapali Ln, Bastrop, TX, 78602 earns from $2,400/mo rent with a $1,713/mo payment. Total monthly income totals $2,400/mo. ROI tracks 18.99% on current figures, and rental yield reads 8.23% at a $349,900 purchase. Equity gained on principal adds $2,258/yr, and 5% annual appreciation supports $96,671 over five years. Five-year ROI reaches 99.16% and total cumulative return in cash sums $115,014. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,400/mo property income instead of your personal income.
Single Family
Built in 2016
0.29 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 |
|---|---|---|
| 2025-01-13 | Price change | $349,900 |
| 2025-01-03 | Price change | $354,900 |
| 2024-10-22 | Price change | $359,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-13 | $4281.70 | 14.66% | $340,740 | 10.00% |
| 2023-02-13 | $3734.33 | -15.32% | $309,764 | 10.00% |
| 2022-02-13 | $4410.05 | -8.84% | $281,604 | 10.00% |



What's Special
Pull Down Stairs
Listed by: Mark Preston • Era Colonial Real Estate (Aust
Mls Name: Central Texas MLS
Mls Provider:
Mls ID: #567714
Disclaimer: Listing and property data is from an Internet Data Exchange (IDX) provided by the Central Texas MLS. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2025 Central Texas MLS, All Rights Reserved.