Market Overview for Bastrop
There are 53 active listings in Bastrop with a median list price of $339K and a median sold price of $309K.
Homes average 88 days on market.
Over the past 30 days, 9 homes have sold, with 101 sales in the past 12 months.
The average price per square foot is $201.
About Bastrop
Bastrop is a city of approximately 14,000 residents and the county seat of Bastrop County, located about 30 miles southeast of downtown Austin along State Highway 71 at the crossing of the Colorado River. The city sits at the western edge of the Lost Pines, an isolated stand of loblolly pine forest separated from the main East Texas Piney Woods by roughly 100 miles of post-oak savanna and Blackland Prairie. Elevations in the area run from about 370 feet along the river bottoms to 500 feet on the surrounding sandy hills. The Colorado River bisects the city, with the historic downtown on the north bank and residential areas spreading in all directions.
Bastrop's housing market offers a range of options, from historic homes in the downtown area starting around $200,000 to properties in newer communities like the Colony, Piney Creek Bend, and Tahitian Village ranging from $250,000 to $500,000 or more. The median home price sits around $310,000. Tahitian Village, a large residential area south of town, was originally developed as a vacation and retirement community in the 1960s and contains a mix of permanent residences and weekend getaways. The 2011 Bastrop County Complex wildfire destroyed over 1,600 homes in the area, and rebuilding and new development have gradually filled in many of the affected lots.
Bastrop ISD serves the city and surrounding area, enrolling approximately 5,000 students across multiple elementary campuses, a middle school, and Bastrop High School. The district has invested in career and technical education programs, and Cedar Creek High School serves students in the eastern portion of the county. Higher education options include an Austin Community College location in Bastrop and proximity to Austin's universities via SH-71, which provides a 30-to-40-minute drive to Austin-Bergstrom International Airport and the southeast Austin area.
The local economy includes government services (as the county seat), healthcare, retail, tourism, and a growing creative sector. Main Street in downtown Bastrop has undergone revitalization, with galleries, restaurants, breweries, and boutiques occupying restored historic buildings. Bastrop State Park, which lost much of its pine forest canopy in the 2011 fire, has been replanted and continues to offer hiking, fishing, and camping. The park connects to Buescher State Park via a scenic 12-mile road through the Lost Pines. SH-71 and SH-21 provide highway connectivity, and the Colorado River supports kayaking, canoeing, and fishing. Annual events include the Bastrop Patriotic Festival on the Fourth of July and the Lost Pines Christmas celebration.
