355 McAllister Rd
Listing Price
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Nearby Schools
Educational options and performance ratings in the area.
Emile Elementary School
Bastrop Middle School
Bastrop High School
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
Haven AI Verdict
Data provided by Haven AI. Disclaimer
Haven AI
This property presents a concerning financial profile for a conservative investor. At a $1.15M price point, the negative monthly cash flow of $397 suggests that the property is significantly overleveraged or overpriced for its rental market potential. A 5.81% yield is insufficient to cover debt service and operating expenses, creating a continuous drain on liquidity. While Bastrop is an emerging market, relying solely on a 4% appreciation rate to offset negative cash flow is speculative rather than investment-grade. Without a substantial increase in rental income or a significant reduction in the acquisition price, this asset fails to meet fundamental cash-on-cash return benchmarks, making it a liability rather than a wealth-building vehicle.
- • Located in the growth-oriented Bastrop, TX corridor
- • Large square footage offering luxury rental appeal
- • Modern construction profile
- • Negative monthly cash flow reduces liquidity
- • High acquisition price relative to rental income
- • Over-reliance on speculative appreciation
- • Insufficient yield to buffer against rising interest rates or vacancies
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-09-18 | Listed for sale | $1,150,000 | $469 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $0 | $626,051 |
| 2024 | $8,049.18 | $689,750 |
| 2023 | $0 | $718,810 |
| 2022 | $15,297.57 | $1,019,689 |
| 2021 | $1,504.98 | $79,638 |
| 2020 | $2,364.55 | $119,457 |
| 2018 | $3,326.26 | $156,213 |
| 2017 | $3,326.26 | $156,213 |
| 2016 | $2,839.65 | $132,781 |
| 2015 | $1,046.86 | $117,160 |
| 2014 | $1,046.86 | $48,242 |
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