116 Badillo WAY
About This Property
Located in The Colony MUD in Bastrop, TX, this 2-story Lennar-built home (2021) offers 4 bedrooms, 2.5 baths, and 1,884 square feet with a layout buyers are actively searching for - including a primary suite and laundry room on the main level.
The open-concept floor plan connects the kitchen, dining, and living areas, creating a central space that works for both everyday living and entertaining.
Upstairs, you'll find three additional bedrooms plus a loft/flex space, perfect for a game room, media area, or second living space.
Step outside to a backyard that backs directly to a park, giving you added privacy and a peaceful view - no rear neighbors.
Living in The Colony means access to amenities designed for both recreation and community connection. Residents enjoy:
• 2 community pools• Fitness center/gym• 4 playgrounds• Nature trails• Pickleball court• Dog park• 2 catch-and-release ponds
• New elementary school within the community. The community Lake House also hosts activities throughout the year including weekly bingo, reading clubs, walking groups, and neighborhood events that make it easy to stay connected.
Located with easy access to major roads, shopping, and everyday conveniences, this home offers both functionality and location.
If you've been searching for:
• "Primary bedroom on main floor"
• "Newer home built 2021+"
• "Open concept layout"
• "Home with loft or flex space"
• "Backs to park / no rear neighbors"
This one checks the boxes.
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Cap Rate Calculator
What does this mean?
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.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 11, 2026 | Delisted | - | |
| Delisted | |||
| Aug 6, 2026 | In contract | - | |
| In contract | |||
| May 11, 2026 | Listed by Comfort Realty LLC | $385,000 | |
| Listed by Comfort Realty LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017