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Map
LOT 42 Hereford LN
About This Property
Discover the perfect setting for your dream home on this 1.35 ACRE HOMESITE, tucked away at the end of a QUIET STREET in the desirable Circle D neighborhood.
This property is LEVEL AND READY TO BUILD, saving you time and money in site preparation. With UTILITIES AVAILABLE and TOWERING PINE TREES scattered throughout, you'll enjoy both convenience and natural beauty.
Priced BELOW COMPARABLE LOTS in the area, this is an incredible opportunity to secure a prime piece of Bastrop land at outstanding value. The peaceful location offers privacy, while still being just minutes from downtown Bastrop, Lake Bastrop, and Highway 71 for easy access to Austin.
Please proceed past sign that says PRIVATE DRIVE. Please park off the street by the sign that says 127 Hereford, do not park on the neighbor's property.
If you've been searching for the perfect balance of affordability, natural charm, and build-readiness-this lot checks all the boxes.
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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 |
|---|---|---|---|
| Nov 14, 2025 | In contract | - | |
| In contract | |||
| Aug 25, 2025 | Listed by Venture Partners R.E. | $75,000 | |
| Listed by Venture Partners R.E. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017