Bastrop TX Multi-Family Real Estate, Homes for Sale

Exceptional new construction duplex offering two identical, thoughtfully designed units—ideal for an owner-occupant or a savvy investor expanding their portfolio. Each unit boasts approximately 1,204 square feet of modern living space, featuring 3 bedrooms, 2 full bathrooms, durable luxury vinyl plank flooring throughout, and a 1-car attached, fully finished garage. Inside, an airy open-concept floor plan seamlessly connects the living, dining, and kitchen areas, elevated by custom wood accents, elegant wainscoting, and beautiful ceiling treatments. The well-appointed kitchen features quality cabinetry, sleek granite countertops, and high-end stainless steel appliances, complemented by matching granite counters in all bathrooms. The primary suite serves as a true retreat, offering impressive space, an ensuite bathroom, and abundant closet storage, while two secondary bedrooms share a stylish full bath. High-performance open-cell spray foam insulation ensures top-tier energy efficiency year-round. Step outside to a private covered back porch, perfect for relaxing or outdoor entertaining. Perfectly situated for a quick and convenient commute to Austin, Tesla, Samsung, and Austin-Bergstrom International Airport. The possibilities here are truly endless—live in one side and rent out the other to offset your mortgage, or lease both units for maximum cash flow!

123 S Kanaio Dr Unit A & B, Bastrop

$565,000

2058007 MLS ⋅ 78602 Zip Code

Exceptional new construction duplex offering two identical, thoughtfully designed units—ideal for an owner-occupant or a savvy investor expanding their portfolio. Each unit boasts approximately 1,204 square feet of modern living space, featuring 3 bedrooms, 2 full bathrooms, durable luxury vinyl plank flooring throughout, and a 1-car attached, fully finished garage. Inside, an airy open-concept floor plan seamlessly connects the living, dining, and kitchen areas, elevated by custom wood accents, elegant wainscoting, and beautiful ceiling treatments. The well-appointed kitchen features quality cabinetry, sleek granite countertops, and high-end stainless steel appliances, complemented by matching granite counters in all bathrooms. The primary suite serves as a true retreat, offering impressive space, an ensuite bathroom, and abundant closet storage, while two secondary bedrooms share a stylish full bath. High-performance open-cell spray foam insulation ensures top-tier energy efficiency year-round. Step outside to a private covered back porch, perfect for relaxing or outdoor entertaining. Perfectly situated for a quick and convenient commute to Austin, Tesla, Samsung, and Austin-Bergstrom International Airport. The possibilities here are truly endless—live in one side and rent out the other to offset your mortgage, or lease both units for maximum cash flow!

121 S Kanaio Dr Unit A & B, Bastrop

$675,000

9355935 MLS ⋅ 78602 Zip Code

LIVE. GATHER. INVEST. ESCAPE. Imagine waking up on the Colorado River, kayaking in the afternoon, gathering around the fire at sunset, and hosting family and friends beneath your private riverside pavilion. Seller offering to pay up to $13,000 toward Buyer's Closing Costs! MOTIVATED SELLER—BRING US AN OFFER! Own your own private riverfront resort on the beautiful Colorado River in Bastrop. This rare multi-generational estate offers sweeping water views, direct river access, and exceptional flexibility for living, hosting, or investment. A shaded, tree-lined drive leads to this serene retreat featuring a private pavilion, two fire pits, and a peaceful riverbank perfect for fishing, kayaking, or relaxing by the water. The versatile rustic log cabin offers potential as a studio, guest space, or fourth unit with the addition of a bath. The studio includes a full kitchen with range, microwave, and refrigerator plus a full bath with shower—ideal for guests, extended family, or rental income. The 3-bedroom unit features custom tile finishes, full kitchen, open living and dining area, full bath, and covered patio overlooking the backyard and river. Upstairs, the owner's suite showcases antique wood floors, custom woodwork, a private deck with breathtaking river views, and a gourmet kitchen with island cooktop and wall ovens. Additional features include a spacious bedroom with built-ins, oversized walk-in closet, laundry area, 3/4 bath, and spa-inspired primary bath with clawfoot tub and leaded-glass window. Elevator access adds convenience to the upper level. From morning coffee on the deck to evenings around the fire, every space embraces the river lifestyle. Just minutes from historic downtown Bastrop, enjoy shopping, dining, and small-town charm while maintaining privacy and seclusion. Endless possibilities for multi-generational living, short-term rental income, private retreats, or event hosting.

315 River Wood Dr, Bastrop

$579,900

5270151 MLS ⋅ 78602 Zip Code

This beautifully designed new-construction duplex offers modern living just steps away from downtown Bastrop, conveniently located directly across from an elementary school. With 3 spacious bedrooms, 2.5 bathrooms, and a 1-car garage, this home is ideal for families or professionals seeking comfort and convenience.

1409 Emile St, Bastrop

$495,000

3674837 MLS ⋅ 78602 Zip Code

This is a rare opportunity to own an income-producing duplex in Tahitian Village, one of Bastrop’s most unique and sought-after communities surrounded by pine trees and natural beauty. • Full duplex with 3,600 sqft total, 1,800 sqft per unit • Each unit offers 3 bedrooms and 2 bathrooms • Units A and B are tenant occupied at $1,650/month each • Open layouts with functional, comfortable living spaces • Unit A features carpet upstairs, Unit B upgraded with LVP upstairs • Bedroom and full bath on main level in each unit • Spacious kitchens and living areas • Large, tree-covered lot with natural privacy • Located in Tahitian Village known for its peaceful setting and unique homes Perfect setup for someone looking to hold as a long-term investment in a rapidly growing area. Located just minutes from downtown Bastrop, the Colorado River, and a short drive to SpaceX and The Boring Company.

119 N Kanaio Dr, Bastrop

$325,000

7330132 MLS ⋅ 78602 Zip Code

Wow great opportunity to own a piece of land with endless opportunities. This property currently has two tiny homes as well as two RV Hookups. One of the tiny homes was built in 2017 the other in 2020. They are both adorable and boast high end finishes. With the possibility to add may more tiny homes or Rv's this property is very well laid out. There is a circle Drive as well as a Carport by the main structure. It has a waterwell and both restrooms have composting toilets for off grid living. The seller is willing to contribute 9500. for a new septic to be installed with the right offer. Super cute homes don't miss this opportunity make an appt today.

128 Arrowhead Ct Unit A, Bastrop

$363,000

1276935 MLS ⋅ 78602 Zip Code

Two Double-Wide Mobile Homes on 0.9150 Acres – Owner Financing Available! Don’t miss this excellent investment opportunity! This property features two spacious, newly remodeled double-wide mobile homes, each offering 4 bedrooms and 2 bathrooms, with separate electrical and water meters, perfect for families or rental income. The property sits on nearly one acre (0.9150 acres) of land, providing ample space and privacy. Owner financing terms are negotiable, but hoping for a 20% down payment and 8% interest rate.

264 Flaming Oak Dr Unit A & B, Bastrop

$1,360,000

9753360 MLS ⋅ 78602 Zip Code

Investment Opportunity - Multiple Units - Multi Family - 251 Zimmerman is a 4 plex (2/1 576 sq ft each) - Unit A - Vacant Unit B - Pending Unit C - Rent $900 - Deposit $710 Lease Exp 9/30/25 Unit D - Rent $1075 - Deposit $1050 Lease Exp 9/30/25 261 Zimmerman is a Duplex (3/2 1,100 sq ft ea) - Unit A - Rent $1300 - Deposit $1300 - Lease Exp 11/30/25 Unit B - Rent $1155 - Deposit $1495 - Lease Exp 9/30/25 263 Zimmerman is a Duplex (3/2 1,100 sq ft ea) Unit A - Rent $1155 - Deposit $1545 - Lease Exp - 9/30/25 Unit B - Rent $1155 - Deposit $950 - Lease Exp - 9/30/25 Owner wants to sell All At one time. The rents include water because each property has only One Meter and also Lawn Service is included in the rent. The duplexes have central air and heat, dishwashers and stove. They do offer W/D connections and each has a fenced in back yard area. The 4-plex has window units, stackable washer and dryers in some, refrigerators, dishwashers and stoves.

251 Zimmerman Ave Unit A-B-C-D, Bastrop

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Bastrop Multi-Family Real Estate