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126 Spanish TRL
About This Property
Situated on a peaceful street surrounded by mature trees and natural scenery, this home offers the perfect blend of comfort, privacy, and neighborhood amenities. The Colony is known for its scenic walking trails, community pool, fitness center, tennis and pickleball courts, and access to the Colorado River corridor, making it a favorite for those who enjoy outdoor recreation and community living.
Inside, you'll find a thoughtfully designed layout with spacious living areas, abundant natural light, and modern finishes that make the home both functional and inviting. The open living and kitchen area is ideal for everyday living or entertaining guests, while the private primary suite provides a relaxing retreat at the end of the day.
Step outside to enjoy the peaceful Central Texas setting with room to relax, entertain, or simply unwind. Whether you're enjoying quiet evenings on the patio or exploring the neighborhood amenities, this home captures the lifestyle that makes Bastrop such a great place to live.
Located just minutes from downtown Bastrop, shopping, dining, schools, and outdoor recreation, this home offers convenient access to everything while still providing the space and tranquility of The Colony.
If you're looking for a home that combines modern comfort, community amenities, and a great Bastrop location, 126 Spanish Trail is one you won't want to miss.
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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| Aug 19, 2026 | Withdrawn | - | |
| Withdrawn | |||
| May 31, 2026 | Price Decreased |
$574,900
↓ $11K
(1.9%) | |
| Price Decreased | |||
| Apr 14, 2026 | Price Decreased |
$585,999
↓ $13K
(2.2%) | |
| Price Decreased | |||
| Mar 9, 2026 | Listed by All City Real Estate Ltd. Co | $599,000 | |
| Listed by All City Real Estate Ltd. Co | |||
| Dec 9, 2025 | Withdrawn | - | |
| Withdrawn | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017