7
Map
$25,000
●
Land -
For Sale
Lot 858 Mamalu DR
Bastrop, TX 78602
Studio
0 Bath
$165
Est. Monthly
About This Property
One of the best deals on lots in Tahitian village. Beautiful views.
Unit Size
-
Days on Market
-
Land Size
0.34 acres
Price per sqft
-
Property Type
Land
Property Taxes
$41
HOA Dues
-
Year Built
-
Listed By
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 8 months ago (Unlock MLS #ACT1024005)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 22, 2026 | Listed by Venture Partners R.E. | $25,000 | |
| Listed by Venture Partners R.E. | |||
| Jan 1, 2026 | No longer available | - | |
| No longer available | |||
| Mar 6, 2025 | Relisted | $35,000 | |
| Relisted | |||
| Mar 2, 2025 | In contract | - | |
| In contract | |||
| Feb 21, 2025 | Listed by Phillips & Associates Realty | $35,000 | |
| Listed by Phillips & Associates Realty | |||
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Nestled in the heart of the rapidly growing Tahitian Village in Bastrop, this .33-acre lot offers a unique opportunity for a visionary homebuilder. Surrounded by lush trees and native plants, the land boasts a steep slope, making it ideal for creating a custom home with breathtaking views. With careful planning, this lot can be transformed into a stunning retreat that takes full advantage of the natural landscape. Located just moments from Highway 71, SpaceX, and a short drive to Tesla, this property offers both seclusion and convenience in one of Central Texas' most desirable up-and-coming communities. NO HOA dues but there is a yearly road maintenance fee of $204
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Property Highlights
With View
Exterior Details
Waterfront Features: None
Other Structures: None
Lot Features: Sloped Down, Steep Slope, Wooded, Many Trees
Lot Size Area: 14723.28
Lot Size Units: Square Feet
Lot Size Acres: 0.338
Lot Size Square Feet: 14723.28
Lot Size Dimensions: 75' x 212'
Water Source: See Remarks
Financial Details
Tax Map Number: 858
Tax Assessed Value: $44,445
Tax Annual Amount: $496
Utilities Details
Sewer : Private Sewer, Septic Needed
Location Details
HOA/Condo/Coop Fee Includes: See Remarks
HOA/Condo/Coop Amenities: Trail(s)
Comparables
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ft²
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HOA + Taxes
About Tahitian Village
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Listed by: Judah Ross
Listed Office: Venture Partners R.E. - Listing courtesy of Unlock MLS
Phone: (512) 940-3948
Last Updated: 2026-02-23 04:09:35
Data Source: Unlock MLS, MLS# ACT1024005
Details provided by Unlock MLS as Distributed by MLS Grid and may not match the public record.
Listed Office: Venture Partners R.E. - Listing courtesy of Unlock MLS
Phone: (512) 940-3948
Last Updated: 2026-02-23 04:09:35
Data Source: Unlock MLS, MLS# ACT1024005
Based on information from Unlock MLS (alternatively, from ACTRIS). Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided “AS IS” and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some IDX listings have been excluded from this website.
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