For SaleRisky Deal153 days on market
407 Magnolia St
407 Magnolia St, Bastrop, TX 78602, Bastrop, TX 78602
$269,000
Listing Price
407 Magnolia St, Bastrop, TX 78602
Loc: Bastrop, TX
Days Listed
153
Tax Assessed
$253k
Lot Size
10,237 sqft
Type
single family
More Than Just a Property
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4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
4
Mina Elementary School
PK-5
1.1 mi away
4
Bastrop Middle School
7-8
1.4 mi away
5
Bastrop High School
9-12
1 mi away
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
Single Family Residence1981CentralCeiling Fan(s), Central AirConcrete, Driveway, Off Street, Paved, Private10,236 sqft153 Days$208
Haven AI Verdict
Recommendation
Risky
Confidence Score: 1/10
Exercise caution due to potential market volatility.
Cap Rate
5.03%
Total ROI
68.2%
Cash Flow
$-268/mo
DSCR
0.81
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-268/mo net cash flow with a 5.0% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Prime residential location in Bastrop, TX
- • Long-term capital appreciation corridor
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-07-10 | Price change | $269,000 | $208 |
| 2026-06-01 | Price change | $275,000 | $212 |
| 2026-04-24 | Listed for sale | $299,000 | $231 |
| 2021-01-25 | Sold | $0 | – |
| 2021-01-12 | Listing removed | $0 | – |
| 2021-01-08 | Listed for rent | $1,700 | $1 |
| 2020-09-29 | Listing removed | $1,600 | $1 |
| 2020-09-24 | Price change | $1,600 | $1 |
| 2020-08-26 | Listed for rent | $1,750 | $1 |
| 2020-08-13 | Sold | $0 | – |
| 2018-11-05 | Sold | $0 | – |
| 2018-10-09 | Pending sale | $215,000 | $166 |
| 2018-10-02 | Price change | $215,000 | $166 |
| 2018-09-16 | Price change | $224,900 | $174 |
| 2018-08-25 | Listed for sale | $229,000 | $177 |
| 2015-09-30 | Listing removed | $39,900 | $31 |
| 2015-09-08 | Pending sale | $39,900 | $31 |
| 2015-08-18 | Listed for sale | $39,900 | $31 |
| 2013-08-09 | Sold | $0 | – |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $5,315.45 | $253,044 |
| 2024 | $4,985.09 | $253,044 |
| 2023 | $5,689.09 | $289,797 |
| 2022 | $6,525.08 | $300,280 |
| 2021 | $5,297.89 | $223,125 |
| 2020 | $3,797.86 | $167,913 |
| 2018 | $2,243.05 | $110,397 |
| 2017 | $2,243.05 | $100,457 |
| 2016 | $2,667.66 | $102,445 |
| 2015 | $1,954.53 | $88,177 |
| 2014 | $1,954.53 | $82,539 |
| 2013 | $0 | $85,584 |
| 2011 | $0 | $85,584 |
| 2010 | $0 | $87,614 |
| 2009 | $0 | $87,614 |
| 2008 | $0 | $85,645 |
| 2007 | $0 | $87,617 |
| 2006 | $0 | $94,530 |
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