ActiveResidential · sale

106 Koolua Dr

Bastrop, TX 78602

$775,000

  • 5 beds
  • 4 baths
  • 3,350 sq ft
  • 2 acres
  • Built 1986

Listed by All City Real Estate Ltd. Co · MLS #ACT5409386

A FEW THINGS TO NOTICE

What stands out.

Additional spaces

Step outside to enjoy your own resort-style pool, or retreat to the detached pool house/guest suite complete with a kitchenette—perfect for visitors, extended family, or even a private office.

Year built

Built in 1986.

Property size

2 acres listed.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

Get to know the property.

Colorado-Inspired Luxury Retreat with Panoramic River Valley Views Welcome to a one-of-a-kind home that redefines hill country living. Perched high above the trees with the best views in the county, this completely remodeled 3,300 sq. ft. two-story retreat sits on 2 private, wooded acres in Bastrop’s highly desirable Tahitian Village community. With sweeping panoramas stretching 20 miles across the Colorado River Valley, this home offers a level of peace and privacy rarely found in Central Texas—yet it feels more like Colorado than Texas. Designed for both everyday living and unforgettable entertaining, the home showcases luxury finishes, expansive windows framing every view, and over 1,500 sq. ft. of covered patios for seamless indoor-outdoor living. Surrounded by towering pines and abundant wildlife—including deer, wild turkeys, foxes, and more—every glance outside feels like a nature retreat. The interior features 4 spacious bedrooms and 3.5 bathrooms, highlighted by a chef’s kitchen with a massive waterfall island, high-end appliances, and designer details throughout. The open layout is bathed in natural light, with walls of windows bringing the outdoors in. Step outside to enjoy your own resort-style pool, or retreat to the detached pool house/guest suite complete with a kitchenette—perfect for visitors, extended family, or even a private office. Life in Tahitian Village offers more than a home—it’s a lifestyle. Residents enjoy the Pine Forest Golf Course, miles of nature trails along the Colorado River, and endless opportunities for fishing, kayaking, and paddle boarding. And with historic downtown Bastrop just minutes away, you’ll have access to charming shops, restaurants, art, and live music, all while being close to Austin, Tesla, SpaceX, The Boring Co., and ABIA.

THE NEIGHBORHOOD

Explore the location.

106 Koolua Dr, Bastrop, TX 78602

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THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
1986
Full baths
3
Half baths
1
Garage spaces
0
Cooling
Central Air
Heating
Central, Heat Pump
Appliances
Cooktop, Dishwasher, Electric Range, Exhaust Fan, Microwave, Oven, Range, RNGHD, Refrigerator, Stainless Steel Appliance(s), Wine Cooler, Wine Refrigerator
Flooring
Tile, Vinyl
Fencing
Privacy, Wood
Accessibility
None
Pool features
Fenced, Fiberglass, In Ground, Outdoor Pool
Subdivision
Tahitian Village Unit 2
Parcel
29691
HOA
Tahitian Village POA
HOA amenities
Common Area Maintenance
HOA fee frequency
Annually
Elementary school
Emile
Middle school
Riverside
High school
Bastrop
Annual property tax
$6,731.51
HOA fee
$0.00

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

OWNERSHIP, WITH A PLAN

Investor outlook.

Explore this property’s rental potential with an all-cash purchase. Monthly rent starts at 5% of the purchase price per year, divided by 12. Adjust it and the other assumptions to explore your scenario.

These are planning assumptions, not a rental appraisal or a loan quote. The starting rent is a price-based estimate; a local leasing professional can help confirm market rent.

Investor outlook assumes an all-cash purchase. No mortgage payment is deducted.

Estimated monthly cash flow · cash purchase$1,771.75
Estimated monthly rent$3,229.17
Cap rate2.99%

Annual operating income: $23,198.52

Have ERA review this rental estimate

Your property and current assumptions will be included for our team to review.

Adjust assumptions
Purchase price
Rental income & operating costs

Purchase price × 5% ÷ 12. Updates with purchase price until you enter a custom rent.

Annual insurance starts at purchase price × 0.25%, rounded to the nearest available amount. Updates with purchase price until you choose another amount.A planning estimate, not an insurance quote. Adjust it for your property and coverage.

Percentages are editable examples, not ERA fee quotes. Management is applied to rent after vacancy; maintenance and capital reserves use scheduled rent. Add owner-paid utilities, mortgage insurance and other recurring expenses under other costs.

How this scenario is calculated

Annual operating income is rent after vacancy, management, maintenance, taxes, insurance, HOA and other operating costs, before financing and capital reserves. Cap rate divides annual operating income by purchase price. Estimated monthly cash flow assumes an all-cash purchase: rent after vacancy, management, maintenance, taxes, insurance, HOA, other operating costs and capital reserves. No mortgage payment is deducted. The mortgage calculator is separate; loan payments would reduce cash flow for a financed purchase. One-time acquisition costs, renovations, income taxes, depreciation and appreciation are excluded.

Mortgage payment calculator

Explore financing separately. These loan settings do not change the all-cash investor outlook.

Mortgage assumptions

20% down and 7% interest are illustrative starting values.

Estimated monthly principal & interestLoan payment only. Excludes property taxes, homeowners/flood insurance, mortgage insurance and HOA dues.

About this payment estimate

Based on a fixed-rate, fully amortizing loan with monthly payments and the price, down payment, interest rate and term you select. The interest rate is an example, not a current rate offer or APR; APR includes certain loan costs. This is an illustration, not a Loan Estimate, approval, offer of credit or commitment to lend.

Your actual payment, rate and eligibility depend on your lender, credit, loan program and property. Closing costs, points, prepaid expenses and lender fees are not included. Taxes and insurance may change, and mortgage insurance may be required, particularly with a down payment below 20%. Ask your lender for a Loan Estimate and a complete monthly payment including applicable taxes, insurance and fees.

Dollar results are rounded to the nearest cent; calculations retain precision until display. A cash purchase has no loan payment but still has ownership costs. Understand your total home payment (CFPB).

ERA PROPERTY MANAGEMENT

See its potential.
Have a plan for what follows.

Considering this property as a rental? Start with the numbers, then talk through the day-to-day with a local management team.

  1. Understand the opportunity.

    Review rental pricing, property condition and your ownership goals with a local professional.

  2. Make a strong first impression.

    Bring together property preparation, professional marketing and applicant screening.

  3. Stay connected to your investment.

    Get support with rent collection, resident communication, maintenance coordination and owner reporting.

Get a local rental estimateTalk through your management needs
Stone-front home with a landscaped lawn and central entry
A more complete plan for your property

LOCAL PEOPLE. SHARED COMMITMENT.

A team behind your next step.

From your first question to the everyday work of ownership, a conversation with the right person makes a difference.

Meet ERA Property Management

Residential management in Utah, Nevada and Texas. Service availability and rental eligibility must be confirmed for each property. Commercial and association services are available through our management services page.

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106 Koolua Dr, Bastrop, TX 78602 · MLS #ACT5409386

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Listing information

MLS #ACT5409386 · Austin Board of Realtors

Listing brokerage: All City Real Estate Ltd. Co
Listing agent: Kenny Timerman

Listing status: Active. Record updated . Confirm current availability and price with the listing agent.