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137 Lakeside Dr, Bastrop, TX, 78602

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4

Beds

2.5

Baths

2762

SQFT

2021

Year

Property Facts
Lot Size
22869
Floors
1
Units
1
Redfin Estimate
$209,605
Assessed
$206,940
Land
$55,330
Description

Investment Opportunity: 4-Bedroom Single Family Home in 78602

Discover a promising investment in this 4-bedroom, 2.5-bathroom home with 2762 square feet, strategically located in the 78602 area. Here’s why this property stands out:

  • Buyer's Market Advantage: With the area being a buyer's market as of February 2025, you have the leverage to negotiate favorable terms and possibly acquire below market value.
  • Stable Home Prices: The median home price is $380,000, showing resilience with just a 2.5% decrease over the past year, suggesting stability and potential growth.
  • Diverse Inventory: The surplus of homes, specifically with 3 and 4 bedrooms, provides flexibility for various investment strategies.
  • Proximity to Austin: Benefit from economic growth and job opportunities in nearby Austin, boosting rental demand and property values.
  • Value-Add Potential: Acquire this property at competitive pricing, consider improvements, and increase both property value and rental income.

Optimal Strategy: Consider the Buy, Rehab, Rent, Refinance, Repeat (BRRRR) strategy to maximize returns, or utilize long-term rentals (LTR) to capitalize on the area’s growth potential.

With its location and market conditions, this home offers immediate potential for value-add investments and sets a path for strong long-term growth. Don’t miss the chance to invest in the future of 78602.

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Property Condition

Starting Price:

$125,990

+ Closing Costs

Skip the line: $130,990 + CC

The Numbers

Buy Today:

Price Insights
Price
Rehab
Margin
$55,330
ARV
Down
Redfin Estimate
$209,605
Assessed
$206,940
HOA
Want this property?

Starting Price:

$125,990

+ Closing Costs

Skip the line: $130,990 + CC

Want this property?
Marco Moya

Typically replies in about 5 minutes

marco@usefrontdoor.com
Frontdoor is transferring its contract interest in this property. While we believe the owner-supplied information is accurate, we offer no warranties on property condition, repairs, or zoning. Please conduct your own due diligence. Frontdoor is not a real estate broker.