








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 290 Flint Ridge St, Bastrop, TX, 78602 generates $1,924/mo in rent and, after a $1,223/mo payment, leaves $147/mo in cash flow. Total monthly income is $1,924/mo, and annual cash flow is $1,765/yr on $82,842 invested. Return on cash invested sits at 22.04% in year one, and rental yield is 9.24% on a $249,900 entry. Equity gained on principal adds $1,613/yr, while 5% annual appreciation builds toward $69,043 over five years. Five-year ROI reaches 115.52% and total cumulative return in cash sums $95,702. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,924/mo property income rather than buyer’s personal income.
Manufactured
Built in 2000
0.61 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 |
|---|---|---|
| 2025-03-27 | Listed for sale | $249,900 |
| 2024-12-27 | Listing removed | $180,000 |
| 2024-12-04 | Price change | $180,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-03-27 | $1499.00 | -26.97% | $95,438 | -27.85% |
| 2023-03-27 | $2052.46 | -16.28% | $132,269 | -5.85% |
| 2022-03-27 | $2451.67 | 132.51% | $140,481 | 151.78% |



Listed by: Jaime Elizalde • La Casa Realty Group
Mls Name: Unlock MLS
Mls Provider:
Mls ID: #7512541
Disclaimer: Based on information from Unlock MLS (alternatively, from ACTRIS) for the period through 2025-03-27 08:37:36 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)