607 Magnolia ST
Bastrop, TX, 78602
$199,000
2 Beds
1 Baths
957 SqFt
0.19 Acres
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MLS #1785422 image #0
MULTIPLE OFFERS RECEIVED – OFFER DEADLINE 2/3/26 BY 6PM

Located just moments from the heart of historic downtown Bastrop, 607 Magnolia Street presents a rare opportunity to secure a strategically positioned property with long-term upside in one of Central Texas’ fastest-growing markets.

Set on a generous lot with no HOA, this property offers flexibility for a wide range of buyers — from owner-occupants seeking charm and convenience, to investors focused on appreciation, rental demand, and future redevelopment potential. Walkable proximity to downtown shops, dining, and community events enhances both lifestyle appeal and rental desirability, while easy access to Highway 71 keeps Austin within reach.

The home’s efficient footprint and lot configuration open the door to multiple value-add strategies: renovate and hold, reposition as a long-term rental, explore short-term rental potential (buyer to verify), or capitalize on the underlying land value as Bastrop continues its upward growth trajectory. Properties this close to downtown with no HOA restrictions are increasingly scarce — making this a compelling acquisition in today’s market.

Surrounded by ongoing development, rising demand, and Bastrop’s expanding reputation as a lifestyle and investment destination, 607 Magnolia St is more than a home — it’s a smart move in a market where location and flexibility drive returns.

Ideal for buyers seeking character, investors pursuing cash flow or appreciation, and anyone looking to secure a foothold in a high-growth Texas community.
Listing Provided Courtesy of JBGoodwin REALTORS WL

Property Details

Price:
$199,000
MLS #:
1785422
Status:
Active
Beds:
2
Baths:
1
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
Magnolia Park
Listed Date:
Jan 22, 2026
Finished Sq Ft:
957
Lot Size:
8,407 sqft / 0.19 acres (approx)
Year Built:
1976
Magnolia ParkBastrop IsdMinaBastropBastropNeighborhood

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Schools

School District:
Bastrop ISD
Elementary School:
Mina
Middle School:
Bastrop
High School:
Bastrop

Interior

Appliances
Dishwasher, Electric Range, Microwave, Range, Free-Standing Electric Range, Refrigerator, Self Cleaning Oven, Gas Water Heater
Bathrooms
1 Full Bathroom
Cooling
Ceiling Fan(s), Central Air
Flooring
Laminate, Tile
Heating
Central

Exterior

Community Features
Curbs, Street Lights, Suburban
Exterior Features
Garden, No Exterior Steps
Other Structures
Shed(s), Storage
Parking Features
Attached, Garage, Garage Faces Front
Roof
Shingle

Financial

Taxes
$4,851

Map

Community

Subdivisions in Bastrop

Market Summary

Current real estate data for Single Family in Bastrop as of Feb 04, 2026
361
Single Family Listed
116
Avg DOM
222
Avg $ / SqFt
$556,458
Avg List Price

Property Summary

    Located in the Magnolia Park subdivision, 607 Magnolia ST Bastrop TX is a Single Family for sale in Bastrop, TX, 78602. It is listed for $199,000 and features 2 beds, 1 baths, and has approximately 957 square feet of living space, and was originally constructed in 1976. The current price per square foot is $208. The average price per square foot for Single Family listings in Bastrop is $222. The average listing price for Single Family in Bastrop is $556,458. To schedule a showing of MLS#1785422 at 607 Magnolia ST in Bastrop, TX, contact your Stripe Realty agent at 512-439-2122.

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