Welcome to The Colony, one of Bastrop's most sought-after
master-planned communities, where resort-style amenities, natural
surroundings and an active lifestyle come together. This impressive
3,777-square-foot Westin home offers 4 bedrooms, 3.5 baths, a
dedicated office, multiple living spaces and a media room on almost
1/3 of an acre with an expansive fenced backyard. Step inside to
soaring ceilings, walls of windows and a stunning curved staircase
with dramatic architectural details that creates an unforgettable
first impression. The living room centers around a fireplace and
flows seamlessly into the spacious dining area and chef-inspired
kitchen featuring abundant cabinetry, quartz countertops, a large
island, stainless appliances and a striking built-in dry bar,
creating a natural gathering place for entertaining. The
thoughtfully designed first floor includes the spacious primary
suite with tray ceiling and a spa-like bath featuring dual
vanities, soaking tub, separate shower and extra large walk-in
closet. A dedicated office, guest bedroom and laundry room are also
conveniently downstairs. Upstairs, two additional bedrooms, a
generous second living area and dedicated media room set the stage
for movie nights, game nights and relaxed weekends at home.
Outside, an oversized covered patio opens to the exceptionally
large backyard. Picture morning coffee in the fresh air, sunset
grilling with a glass of wine, backyard games and evenings spent
under the Texas sky. An oversized 3-car garage adds excellent
parking and storage. Enjoy The Colony lifestyle with pools,
pickleball, fitness amenities, parks and trails, plus easy access
to everything Austin has to offer. Just 5 miles to SpaceX, 20 miles
to Tesla, 25 miles to downtown Austin, 20 miles to Austin-Bergstrom
Airport, and beloved Buc-ee's is just 5 miles away. Come experience
everything this exceptional home and The Colony have to offer!
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
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