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118 Heleakala DR
About This Property
The spacious primary suite offers a walk-in closet along with a bathroom featuring dual vanities, a walk-in shower, and a freestanding soaking tub. Additional features throughout the home include contemporary finishes, ceiling fans, and thoughtfully designed spaces that provide both comfort and functionality.
Located in Tahitian Village, this home offers a peaceful setting surrounded by natural surroundings while still being conveniently close to Bastrop shopping, dining, golf courses, parks, and outdoor recreation. Easy access to Highway 71 provides connectivity to Austin and surrounding areas.
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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 |
|---|---|---|---|
| Jun 7, 2026 | In contract | - | |
| In contract | |||
| May 30, 2026 | Price Decreased |
$379,000
↓ $6K
(1.6%) | |
| Price Decreased | |||
| May 12, 2026 | Listed by All City Real Estate Ltd. Co | $385,000 | |
| Listed by All City Real Estate Ltd. Co | |||
| Oct 16, 2025 | In contract | - | |
| In contract | |||
| Sep 8, 2025 | Listed by All City Real Estate Ltd. Co | $59,000 | |
| Listed by All City Real Estate Ltd. Co | |||
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Discover your slice of the Lost Pines in Tahitian Village, Bastrop, TX! This approximately .25-acre lot offers the perfect setting for your dream home or weekend getaway. With access to the Colorado River, you’ll enjoy fishing, kayaking, and trails just minutes from your doorstep. The neighborhood also features the Pine Forest Golf Club and is a quick trip into downtown Bastrop for small-town charm, dining, and shopping. Plus, you’re only a short drive into Austin, giving you the best of both worlds—quiet country living with city convenience.
Two additional adjacent lots are also available, offering the opportunity to expand your space or invest in multiple homesites.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017