Explore available listings and evaluate market performance.
Bastrop, TX Investment Data and Rental Metrics
Investment Data & Rental Metrics
LTR & STR financial performance, market growth indicators, and school ratings.
LTR Financial Performance
Median Price
LTR Rent
$1,886
Monthly Cash Flow
-$452
Principal + Equity
$2,159
Annual Total Gain
$20,495
Cash on Cash
-6.04%
Net ROI %
STR Financial Performance
Median Price
Avg. Daily Rate
$191
Occupancy Rate
37.93%
Monthly Revenue
$1,718
Monthly Cash Flow
-$877
Principal + Equity
$2,159
Annual Total Gain
$15,392
Cash on Cash %
-11.73%
Net ROI %
Market Health & Growth
Median Income
$70,625
Population
10,484
LTR Renter %
50.92%
Forecast (1 yr)
-1.15%
Appreciation (1 yr)
-2.72%
Appreciation (5 yr)
33.13%
Appreciation (10 yr)
84.2%
Job Growth
2.19%
LTR Rentability
Very High
STR Demand
29
STR Rentals
214
Top Public Schools
A-Colorado River Collegiate Academy
B-Mina Elementary School
C
C
C
Market Grades and Information
Best Places to Live Ranking
Public school quality, cost of living, commute, and lifestyle ratings.
B-
Overall
Top-level market grade
Best Places to Retire in Texas
#308out of 706 markets
Most Diverse Places to Live in Texas
#339out of 1052 markets
Best Places for Young Professionals in Texas
#346out of 1052 markets
C
Public School
C
Crime And Safety
C-
Housing
B
Nightlife
C
Good For Families
Diversity
Jobs
Weather
Cost Of Living
Health And Fitness
Outdoor Activities
Commute
Short-Term Rental (STR) Regulations
Local rules and guidelines for operating short-term rentals in Bastrop, TX.
In Bastrop, TX, Short Term Rentals (STRs) are regulated by the city's Code of Ordinances. Investors should be aware of the following regulations before purchasing a property for STR purposes:
1. Permit Requirement: All STRs in Bastrop are required to obtain a permit from the city before operating. The permit application process includes submitting documentation such as proof of insurance, floor plans of the property, and contact information for the property owner or manager.
2. Occupancy Limits: The city of Bastrop has specific occupancy limits for STRs, which vary depending on the size of the property. Investors should ensure that their property complies with these limits to avoid any penalties or fines.
3. Noise and Nuisance Regulations: Bastrop has noise and nuisance regulations in place to ensure that STRs do not disrupt the peace and quiet of residential neighborhoods. Investors should be aware of these regulations and take steps to mitigate any potential noise or nuisance issues.
4. Parking Regulations: The city of Bastrop has parking regulations that apply to STRs, including requirements for off-street parking and restrictions on parking in certain areas. Investors should ensure that their property complies with these regulations to avoid any parking-related issues.
5. Taxation: Investors should be aware that STRs in Bastrop are subject to local occupancy taxes, which must be collected and remitted to the city. Failure to comply with tax regulations can result in penalties and fines.
6. Code Compliance: Investors should ensure that their property meets all building and safety codes required for operating an STR in Bastrop. This includes having working smoke detectors, proper exits, and other safety features.
Overall, investors should thoroughly research and understand the regulations and requirements for operating an STR in Bastrop before purchasing a property for this purpose. Failure to comply with these regulations can result in fines, penalties, or even the revocation of the permit to operate the STR.
Market Trends Over Time
Explore 25 years of market data for Bastrop, TX, including median property prices, long-term rental rates, and days on market — identify growth potential and gauge market stability.
Median Price
Median Rent
Days on Market
Nearest Markets
Explore nearby investment markets close to Bastrop, TX.
The LTR Genie Score of Bastrop, TX is 66, indicating a moderate level of attractiveness for long-term rental investment. On the other hand, the STR Genie Score is 32, suggesting a lower level of attractiveness for short-term rental investment. The high LTR Rentability and LTR Net ROI contribute to the relatively higher LTR Genie Score, while the lower STR Genie Score may be influenced by the low STR Occupancy and STR Revenue.
Bastrop, TX is a historic city located just outside of Austin, known for its charming downtown area and outdoor recreational opportunities. The city has experienced steady growth in recent years, making it an attractive location for real estate investors looking for long-term rental opportunities.
Based on the metrics provided, Bastrop, TX appears to be more favorable for long-term rental investment compared to short-term rental investment. With a LTR Genie Score of 66 and a LTR Net ROI of 22.84%, investors may find more stability and profitability in the long-term rental market in this area. However, it is important for investors to conduct further research and analysis to determine if Bastrop aligns with their investment goals and strategies.
LTR Genie Score 93
$25,000
🛏 3 Beds🛁 2.0000 Baths🏙 1,152 sqft.🏠 SINGLE FAMILY