




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 281 Green Oaks Dr, Bastrop, TX, 78602 generates $2,340/mo in rent and, after a $1,366/mo payment, leaves $355/mo in cash flow. Total monthly income is $2,340/mo, and annual cash flow is $4,264/yr on $92,522 invested. Return on cash invested sits at 24.52% in year one, and rental yield is 10.06% on a $279,100 entry. Equity gained on principal adds $1,801/yr, while 5% annual appreciation builds toward $77,110 over five years. Five-year ROI reaches 128.79% and total cumulative return in cash sums $119,162. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,340/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
1.17 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 |
|---|---|---|
| 2025-08-21 | Listing removed | $295,000 |
| 2025-06-03 | Contingent | $295,000 |
| 2025-05-01 | Listed for sale | $295,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2025-10-09 | N/A | N/A | $43,968 | 12.75% |
| 2024-10-09 | N/A | N/A | $38,996 | N/A |



Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A