120 Shagbark TRL
About This Property
Walk to Colony Oaks Elementary from this beautifully upgraded, like-new home in the heart of The Colony-one of Bastrop's most desirable master-planned communities. Perfectly situated just steps from parks, pools, the fitness center, and the amenity-rich Lake House, this home offers unbeatable location and lifestyle.
Inside, you'll find a spacious and light-filled 3-bedroom, 2-bath layout plus a dedicated office, ideal for working from home or hosting guests. The open-concept living, dining, and kitchen area is designed for modern living, featuring abundant natural light and seamless flow for entertaining or everyday life.
The private primary suite is tucked away at the rear of the home and includes dual vanities, a walk-in shower, and a large walk-in closet. Two secondary bedrooms are thoughtfully positioned at the front of the home for added privacy, along with a generously sized office.
Stylish and durable wood-look ceramic tile flooring runs throughout the main living areas and has been professionally sealed for long-term protection. Additional features include a full irrigation system, tankless water heater, in-wall pest control system, covered back porch, wood privacy fence, and a spacious 2-car garage.
Enjoy miles of hiking and biking trails, pickleball and disc golf, multiple playscapes, and the new Colony Lake House-featuring a pool, indoor gym, amphitheater, and lakeside dock for kayaking or fishing.
With a short commute to Austin, ABIA, Tesla, SpaceX, The Boring Company, and the new X (Twitter) HQ, this location offers the perfect balance of small-town charm and big-city convenience.
Don't miss your chance to own a beautifully upgraded home in one of Central Texas's fastest-growing and most vibrant communities!
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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 |
|---|---|---|---|
| Oct 1, 2025 | No longer available | - | |
| No longer available | |||
| Aug 1, 2025 | Price Decreased |
$329,900
↓ $5K
(1.5%) | |
| Price Decreased | |||
| Jul 2, 2025 | Listed by All City Real Estate Ltd. Co | $334,900 | |
| Listed by All City Real Estate Ltd. Co | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017