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Map
Lots 216 and 217 Hekili DR
About This Property
Build your dream home with extra space around you, or simply secure two side-by-side lots as an investment for the future. Located just minutes from historic Downtown Bastrop, you'll have convenient access to shopping, dining, recreation, the Colorado River, and Hwy 71 while still enjoying the peaceful, wooded setting of Tahitian Village.
Tahitian Village is deed restricted and has no annual POA dues. Buyers should independently verify utilities, building requirements, restrictions, and development feasibility.
Come walk these two adjoining lots on Hekili Drive and imagine the possibilities of owning your own piece of the Lost Pines.
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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 |
|---|---|---|---|
| Sep 9, 2026 | Price Increased |
$107,995
↑ $48K
(80%) | |
| Price Increased | |||
| Sep 2, 2026 | Listed by All City Real Estate Ltd. Co | $59,995 | |
| Listed by All City Real Estate Ltd. Co | |||
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Build your future home on this approximately 0.35-acre lot in Tahitian Village. With plenty of trees and a peaceful setting, the property offers privacy and room to create a custom homesite surrounded by nature. Enjoy convenient access to the Colorado River, Pine Forest Golf Club, Downtown Bastrop, shopping and dining. A great opportunity for a future homesite or land investment in Bastrop.
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| Aug 10, 2026 | Listed by All City Real Estate Ltd. Co | $109,000 | |
| Listed by All City Real Estate Ltd. Co | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017