Property Details

• Price: $199,000
• Status: Active
• Property Type: House
• Bedrooms: 2
• Bathrooms: 1
• Square Feet: 957

Description

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.

Features

• County: Bastrop
• County: Bastrop
• Area: BA
• Subdivision: Magnolia Park
• Directions: Start on Highway 71: Head east on Highway 71. Take the exit for TX-95: Merge onto TX-95 N toward Bastrop. Continue on TX-95: Drive for approximately 5 miles. Turn left onto Main St: After entering Bastrop, turn left onto Main St. Continue on Main St: Drive for about 0.5 miles. Turn right onto Magnolia St: You will find Magnolia St on your right. Arrive at 607 Magnolia St: Your destination will be on the left.
• Interior: Breakfast Bar, Ceiling Fan(s), Eat-in Kitchen, Kitchen Island, Main Level Primary, No Interior Steps, Open Floorplan, Pantry, Quartz Counters, Storage, Walk-In Closet(s)
• Primary Bedroom On Main: Yes
• Full Baths: 1
• Number of Fireplaces: 0
• Heating: Central
• Floors: Laminate, Tile
• Laundry: Inside, In Kitchen, Main Level, Laundry Room, Washer Hookup, Electric Dryer Hookup
• Disabled Features: None
• Appliances: Dishwasher, Electric Range, FreeStandingElectric Range, Gas Water Heater, Microwave, Range, Refrigerator, Self Cleaning Oven
• Accessibility: None
• Style: Cement Siding, Stone Veneer
• Stories: 1
• Is New Construction: No
• Construction/Exterior: Cement Siding, Stone Veneer
• Exterior: Garden, No Exterior Steps
• Foundation: Slab
• Possession: Closing & Funding, Negotiable
• Water / Sewer: Public Sewer
• Water: Public
• Parking Description: Attached, Garage Faces Front, Garage
• Garage Spaces: 1
• Fencing: Back Yard, Chain Link, Fenced
• Lot Size in Acres: 0.193
• Waterfront Description: None
• Has Waterfront: No
• View: Neighborhood
• Is One Story: Yes
• Elementary School District: Bastrop ISD
• Elementary School: Mina
• Middle School: Bastrop
• High School: Bastrop
• Roof/Attic: Shingle
• Other Utilities: Above Ground Utilities, Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connect
• Property Type: SFR
• Property SubType: Single Family Residence
• Year Built: 1976
• APN: 29615
• Status: Active
• Documents Available: Survey
• Square Feet Source: Public Records

Location

Address: 607 Magnolia Street Bastrop, TX 78602

City: Bastrop, TX 78602