22
Map
$184,000
↓ $5K (2.6%)
●
Land -
For Sale
122 Hereford LN
Bastrop, TX 78602
Studio
0 Bath
$1,216
Est. Monthly
$10
HOA / Fees
About This Property
Discover the possibilities with this prime tract of land located
within the highly desirable Circle D community. Offering a peaceful
setting surrounded by the natural beauty of Bastrop County, this
property presents an ideal canvas for creating your custom home or
private retreat. Just minutes from Lake Bastrop North Shore, enjoy
easy access to boating, fishing, kayaking, camping, and some of the
area's best outdoor recreation. Circle D's community offers a park
with a playground and walking trails to further complement the
laid-back lifestyle. With the charm of country living and
convenient access to Bastrop's shopping, dining, and everyday
amenities, this is an opportunity to bring your vision to life in
one of the area's established acreage communities. Water meter,
septic tank and electric pole already in place providing a valuable
head start for your future build. Buyer to verify condition of
septic.
Unit Size
-
Days on Market
-
Land Size
3.38 acres
Price per sqft
-
Property Type
Land
Property Taxes
$302
HOA Dues
$10
Year Built
-
Listed By
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 23 days ago (Unlock MLS #ACT9583561)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 29, 2026 | Price Decreased |
$184,000
↓ $5K
(2.7%) | |
| Price Decreased | |||
| Sep 2, 2026 | Listed by Kuper Sotheby's Int'l Realty | $189,000 | |
| Listed by Kuper Sotheby's Int'l Realty | |||
| Oct 16, 2024 | Withdrawn | - | |
| Withdrawn | |||
| Aug 1, 2024 | Price Decreased |
$249,000
↓ $1K
(0.4%) | |
| Price Decreased | |||
| Mar 11, 2024 | Listed by RE/MAX Bastrop Area | $250,000 | |
| Listed by RE/MAX Bastrop Area | |||
| | |||
|
This exceptional 3+ acre lot, a rare find in the coveted Circle D Estates community, is now available for your dream home. Imagine building your ideal residence amidst the beauty of towering trees in this peaceful, restricted subdivision. The property offers significant value with water and electrical infrastructure already in place, allowing you to commence construction promptly. Revel in the expansive space that lets you savor the tranquility of the Texas countryside, all while being just minutes from shopping, entertainment, schools, dining, and downtown Bastrop. The location also makes commuting to prominent companies like Tesla, the Boring Company, and SpaceX effortless. Plus, indulge in the natural wonders of Bastrop State Park and the nearby Lake Bastrop South and North Shore, complete with convenient boat ramp access and overnight camping options. Additionally, the seller had plans in place for a home on this lot, and these plans are available in the MLS or can be emailed to you upon request. Don
| |||
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Property Highlights
With View
Exterior Details
Property Condition: To Be Built
Waterfront Features: Creek, Dry/Seasonal
Other Structures: None
Lot Features: Gentle Sloping, Public Maintained Road
Lot Size Area: 147407.04
Lot Size Units: Square Feet
Lot Size Acres: 3.384
Lot Size Square Feet: 147407.04
Water Source: Public
Financial Details
Tax Map Number: 45
Tax Assessed Value: $230,383
Tax Annual Amount: $3,619
Utilities Details
Sewer : Septic Tank
Location Details
HOA/Condo/Coop Fee Includes: See Remarks
HOA/Condo/Coop Amenities: Picnic Area, Trail(s)
HOA Fee: $125
HOA Fee Frequency: Annually
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Circle D Country Acres
Similar Homes for Sale
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Listed by: Roxanne Hayes
Listed Office: Kuper Sotheby's Int'l Realty - Listing courtesy of Unlock MLS
Phone: (512) 831-6577
Last Updated: 2026-10-07 04:08:22
Data Source: Unlock MLS, MLS# ACT9583561
Details provided by Unlock MLS as Distributed by MLS Grid and may not match the public record.
Listed Office: Kuper Sotheby's Int'l Realty - Listing courtesy of Unlock MLS
Phone: (512) 831-6577
Last Updated: 2026-10-07 04:08:22
Data Source: Unlock MLS, MLS# ACT9583561
Based on information from Unlock MLS (alternatively, from ACTRIS). Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided “AS IS” and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some IDX listings have been excluded from this website.
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