See Home Value
Bastrop 78602
139 Crape Myrtle DR
$1,750,000
● House - Off Market

139 Crape Myrtle DR

Bastrop, TX 78602
bedrooms
5 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
4,348 Ft²
$8,593
Est. Monthly
1.04%
Cap Rate

About This Property

A rare and exclusive property, featured in The Robb Report as an "Expansive Texan Sanctuary & Sophisticated Rural Getaway." Nestled on 11.5 unrestricted acres in Bastrop, TX, this secluded estate offers boundless opportunities as a luxury vacation rental, upscale event venue, corporate retreat, or private sanctuary. Positioned near major tech hubs like Tesla, SpaceX, and Samsung, just 40 minutes from Austin Airport and less than an hour from Downtown Austin, this wildlife-exempt property is ready for a visionary buyer to unlock its limitless potential.

The 2,769-square-foot primary residence is carefully curated to inspire, with a seamless blend of character, charm, and comfort. It features an oversized primary suite with a spacious spa bath, two additional guest rooms, one bath, an open kitchen with a commercial-grade 60" range, and a custom island crafted from imported Moroccan doors. The dining and living areas captivate with soaring ceilings, abundant natural light, and sweeping views of the Texas landscape.

The 1,080-square-foot guest house, constructed around an authentic shipping container, offers two bedrooms, one bath, a full kitchen, and a light-filled living area - perfect for visitors seeking privacy and style.

The 1,750-square-foot barn is a versatile space ready to accommodate any vision, from a banquet hall to a game room, gym, sound stage, or even a music venue. A blank canvas, the barn awaits your creative touch.

Amenities include a swimming pool with 3,000 sq. ft. of decking for relaxation and entertaining, a one-acre stocked pond, RV hookups, a covered pavilion, a chicken coop, a fire pit, horse stables, a shooting range, a commercial kitchen, an art studio/office, and a bunker. The 11.5 Collection epitomizes refined, relaxed living, inviting you to embrace luxury amidst nature.
Unit Size
4,348 Ft²
Days on Market
-
Land Size
11.50 acres
Price per sqft
$402
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2001

Payment Calculator

Cap Rate Calculator

Last updated: 5 months ago (Unlock MLS #ACT7992067)

Price History

Date / Event Date Event Price
Dec 17, 2024 Withdrawn -
Withdrawn
Nov 15, 2024 Price Decreased $1,750,000
↓ $145K (7.7%)
Price Decreased
Oct 18, 2024 Price Decreased $1,895,000
↓ $105K (5.3%)
Price Decreased
Jun 14, 2024 Listed by Compass RE Texas, LLC $2,000,000
Listed by Compass RE Texas, LLC
Apr 24, 2024 Withdrawn -
Withdrawn
Show More

Property Highlights

Garage
Air Conditioning
Fireplace
With View

Building Info

Overview

    General

  • Year Built: 2001
  • Effective Year Built: 2006
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 5
  • Floor Count: 150
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 12

    Dimensions

  • Lot Size Square Feet: 500,940
  • Total Building Area: 2,160
  • Gross Building Area: 2,880
  • Building Area: 2,160
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,160
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WALLACE, JAS. P.
  • Land Acres: 0000011500
  • Standard Land Use Code: 1008
  • County Land Use Code: E1
  • State Land Use Code: E1
  • Legal Description 1: A365 WALLACE, JAS. P., ACRES 11.5

Neighborhood

  • School District Name: Bastrop Independent School District
  • Census Tract: 950401

Geography

  • Assessors Map Reference: 29-P
  • Parcel: R74047
  • Municipality: BASTROP
  • Latitude: 30.204
  • Longitude: -97.2631

    Address

  • Full Address: 139 Crape Myrtle Dr
  • Address - House Number: 139
  • Address - Street Name: Crape Myrtle
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Bastrop
  • Zip Code: 78602

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $546,128
  • Tax Rate Code Area: S04

    Appraisal Valuation

  • Standard Deviation: 0.2161
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 70
  • Final Value: 603,675
  • High Value: 734,172
  • Low Value: 473,179

    Market Valuation

  • Market Total Value: $723,091
  • Market Land Value: $327,750
  • Market Improvement Value: $395,341

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $402,919

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 28, 2017
  • Current Sale Recording Date: Aug 01, 2017
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 201711043
  • Previous Sale Recording Date: May 08, 2013
  • Previous Sale Contract Date: May 01, 2013
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Bastrop


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 372 Plum St, Bastrop, TX, 78602

$2,195 /mo

  • 2 Beds
  • 2 Baths
  • 2,235 ft²
372 Plum St, Bastrop, TX, 78602 Listing by Shane Allen
Unit for rent at 124 Plum St St, Bastrop, TX, 78602

$1,850 /mo

  • 2 Beds
  • 2 Baths
  • 1,690 ft²
124 Plum St St, Bastrop, TX, 78602 Listing by Laura Munos
Unit for rent at 171 Ranchette Street, Bastrop, TX, 78602

$1,250 /mo

  • 2 Beds
  • 1 Bath
  • 768 ft²
171 Ranchette Street, Bastrop, TX, 78602 Listing by Ashley Farris


Frequently Asked Questions

When was property at 139 Crape Myrtle Drive built and last sold?
The property at 139 Crape Myrtle Drive was built in 2001 and last sold on Jul 28, 2017 for $0.
How much is this home worth?
The estimated value of the home located at 139 Crape Myrtle Drive is $0.
What are some comparable homes to 139 Crape Myrtle Drive?
There are currently no comparable homes to 139 Crape Myrtle Drive.