








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 203 Pheasant Trl, Bastrop, TX, 78602 generates $3,022/mo in rent and, after a $1,566/mo payment, leaves $747/mo in cash flow. Total monthly income is $3,022/mo, and annual cash flow is $8,963/yr on $106,047 invested. Return on cash invested sits at 28.36% in year one, and rental yield is 11.34% on a $319,900 entry. Equity gained on principal adds $2,064/yr, while 5% annual appreciation builds toward $88,382 over five years. Five-year ROI reaches 149.38% and total cumulative return in cash sums $158,408. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,022/mo property income rather than buyer’s personal income.
Single Family
Built in 2005
5,967 sqft 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: Connie Kennedy • Stanberry REALTORS
Mls Name: Unlock MLS
Mls ID: #8867877