Located just 20 miles from the Tesla Gigafactory site, Bastrop is a historic town surrounded by the 6,000 acre Lost Pines Forest, the Colorado River, and the Lost Pines Resort.
After many years of enjoying a small population and a quaint hometown feel, Bastrop is on the verge of a boom similar to the one that Round Rock saw when Dell broke ground on the headquarters campus in the early '90s. For years Bastrop has been known for its quaint downtown and access to outdoor activities. But in 2021, Bastrop has become an affordable option for homebuyers increasingly discouraged by the soaring prices of the Austin Market. In April of 2020, the median home price in Bastrop was $260,000 and increased in April of 2021 by only 11.8% to $290,000.
The total dollar volume of single-family home sales in Bastrop from 2020 was around $24 Million with about 3.6 months of inventory. However, in 2021 the dollar volume of sales increased by 78% to $41 Million with only .6 months of inventory available. With this kind of activity, Bastrop appears to be experiencing the long-awaited population explosion that has driven prices up in other parts of Central Texas.
About the Neighborhood
© 2022 Austin Board of REALTORS®. All rights reserved.
Any home sales data appearing on this page is obtained from public record sources (or estimates, for non-disclosure states) as provided by OnBoard, LLC and does not comprise an appraisal or a Comparative Market Analysis (CMA). This information should not be used to replace a professional appraisal nor to determine the price of a particular property.