33
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133 Lake Point WAY
About This Property
The kitchen is equipped with custom cabinets from ceiling to floor and many other upgrades. In the primary suite, find a spa-like bath with a soaking tub, a walk-in shower, and a generous walk-in closet. The bathrooms feature warm toned cabinetry, maintaining the home's cohesive interior feel.
Outdoor living is highlighted by a large private backyard featuring its very own Cowboy Pool. The property is located in the Circle D subdivision, which features light restrictions and a low HOA fee.
This location is less than 8 miles to downtown Bastrop dining, boutique shopping, and entertainment, with South Shore lake access and hiking trails nearby. Bastrop State Park is approximately 8 miles away. The home is positioned near SpaceX/Starlink and The Boring Company, with access to Tesla's Gigafactory and Austin-Bergstrom International Airport.
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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 5, 2026 | Listed by Kuper Sotheby's Int'l Realty | $399,000 | |
| Listed by Kuper Sotheby's Int'l Realty | |||
| Jul 10, 2026 | Withdrawn | - | |
| Withdrawn | |||
| Mar 14, 2026 | Price Decreased |
$399,000
↓ $6K
(1.5%) | |
| Price Decreased | |||
| Mar 2, 2026 | Listed by RE/MAX Bastrop Area | $405,000 | |
| Listed by RE/MAX Bastrop Area | |||
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Located in the beautiful Lost Pines of Bastrop, this well maintained home has a large private backyard featuring its very own Cowboy Pool. This home blends modern design with outdoor living at its best. The kitchen is equipped with gorgeous custom cabinets from ceiling to floor providing ample storage. The interior of the home presents a relaxing color palette featuring beautiful flooring throughout the entire house, warm toned cabinetry in the bathrooms and many windows which bathe the home in natural light. The primary suite features a spa-like bath with a soaking tub, a walk-in shower and a generous walk-in closet. A versatile floorpan ensures no wasted space, and an optional furniture package (boho with a Texas twist) lets you movie right in. Less than 8 miles to downtown Bastrop dining, boutique shopping and entertainment. The entrance to Lake Bastrop North Shore is located within the subdivision and the South Shore lake access and hiking trails are nearby as well. Approximately 8 miles to Bastrop Sate Park.
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| Mar 1, 2026 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017