116 Otani CT, Bastrop TX 78602
Bastrop, TX 78602 · Tahitian Village,
Single Family Residence for sale in Tahitian Village,
Overview
Property Description
Investor opportunity • under construction • near Colorado River access. Property located in Bastrop County with proximity to the Colorado River and surrounding outdoor recreation. Partially completed structure offers a head start for investors, builders, or contractors seeking a value-add project with finish-out potential. Existing improvements include framed structure and initial construction progress (buyer to verify stage, permits, utilities, and plans). Ideal for completing as a resale, rental, or hold investment. Opportunity to bring your own design, materials, and finishes to maximize return. Positioned within a growing Bastrop County market with access to nearby roadways, local retail, and river access points. Area demand continues to expand as buyers seek options outside of Austin with proximity to nature and recreation. Sold as-is. No repairs or completion by seller. Buyer responsible for due diligence on construction status, utilities, permits, and feasibility. Strong upside potential for investors ready to take over and complete the project.
Financial Info
- Price
- $120,000
- $ / Sqft
- $80
- HOA
- None
- HOA Name
- Tahitian Village POA
- Tax Rate
- 1.57%
- Est. Taxes
- $3,629
- Tax Year
- 2025
- Exemptions
- None
Legal Info
- Address
- 116 Otani CT
- County
- Bastrop
- City
- Bastrop
- State
- TX
- Zip
- 78602
- Subdivision
- Tahitian Village,
- Legal Description
- TAHITIAN VILLAGE, UNIT 2, BLOCK 5, LOT 590
- Parcel
- 38068
Interior Features
- Floor
- See Remarks
- Num Living
- 1
- Dining
- 1
- Appliances
- None
- Laundry
- Laundry Closet
- Master Bed
- Primary Bedroom on Main
- Master Main
- Yes
- Interior Features
- Primary Bedroom on Main, None, Double Pane Windows
General Info
- Beds
- 3 Total / 3 Main Level
- Full / Half Baths
- 2 / 0
- Prop Type
- Residential
- Property Type
- Single Family Residence
- Stories
- 1
- Year Built
- 2025 / Under Construction
- Square Feet
- 1,500 / Builder
- Garages
- 2
- Garage Desc
- Driveway, Garage
- Foundation
- Slab
- Roof
- Shingle
- Construction
- HardiPlank Type
- Acres
- 0.26
- Lot Description
- Cul-De-Sac
- Restrictions
- See Remarks
- Flood Plain
- No
- View
- Trees/Woods
- Water Access
- No
- Waterfront
- No
- Area
- BA
Utility Info
- Water
- See Remarks
- Sewer
- None
- Utilities
- See Remarks
- Heat
- Electric
- A C
- Electric
Exterior Features
- Fence
- None
- Exterior Features
- None, Front Porch
- Pool On Property
- No
- Area Amenities
- Fishing, Golf
Price history
| Date | Event | Price | Change |
|---|---|---|---|
| Aug 27, 2026 | Price Increase | $120,000+$20,000 (+20%) | +$20,000 (+20%) |
| Aug 26, 2026 | Back On Market | — | |
| Jul 29, 2026 | Pending | — | |
| Jul 27, 2026 | Active Under Contract | — | |
| Jul 22, 2026 | Price Decrease | $100,000−$100,000 (−50%) | −$100,000 (−50%) |
| Jul 20, 2026 | Back On Market | — | |
| Jul 7, 2026 | Pending | — | |
| Jul 2, 2026 | Price Decrease | $200,000−$50,000 (−20%) | −$50,000 (−20%) |
| Jul 2, 2026 | Back On Market | — | |
| Jun 17, 2026 | Hold | — | |
| Apr 17, 2026 | New Listing | — |
Taxes
- Owner
- NKIMBENG, FRANCIS
- Legal
- TAHITIAN VILLAGE, UNIT 2, BLOCK 5, LOT 590
- Geo ID
- 38068
- Acreage
- 0.26
- Exemption Type
- None on record
- T1
- BASTROP COUNTY
- T2
- BASTROP ISD
- T4
- BASTROP COUNTY EMERGENCY SVC DIST #2
- T6
- BASTROP COUNTY EMERGENCY SVC DIST #3
- T7
- COUNTY ROAD FM
- MLS estimated annual taxes
- $3,629
- MLS tax year
- 2025
- CAD estimated taxes
- $3,871.09
- CAD source year
- 2026
| Year | Land | Improvements | Market | Appraised | Assessed |
|---|---|---|---|---|---|
| 2026 | $45,654 | $182,513 | $228,167 | $228,167 | $228,167 |
| Capped | Taxable | Assessed | Land HS | Imp HS | CAD Est. Tax | Taxing Unit |
|---|---|---|---|---|---|---|
| $228,167 | $228,167 | — | — | — | $799.70 | BASTROP COUNTY |
| $228,167 | $228,167 | — | — | — | $2,436.60 | BASTROP ISD |
| $228,167 | $228,167 | — | — | — | $228.17 | BASTROP COUNTY EMERGENCY SVC DIST #2 |
| $228,167 | $228,167 | — | — | — | $228.17 | BASTROP COUNTY EMERGENCY SVC DIST #3 |
| $228,167 | $228,167 | — | — | — | $178.45 | COUNTY ROAD FM |
Disclaimer: Tax data provided by Bastrop Central Appraisal District (2026 Bastrop CAD external export (supplied snapshot; source year not labeled)).
Schools
School Info
- District
- Bastrop ISD
- Elementary
- Emile
- Middle
- Bastrop
- High
- Bastrop
Maps
Financing
Your preferences
- 20% down
- Conv/Jumbo
- 30 years
- 6.50% rate
Saved on this device
Estimated monthly payment
$1,009 / mo
20% down · 6.50% interest · 30-year fixed
Estimated monthly payment $1,009
- Principal & interest
- $607
- Property taxes
- $302
- Homeowners insurance
- $100
*PITI only
These figures are estimates for general information only — not a loan offer, a quote, or a guarantee of financing terms.
| Year | Starting balance | Principal paid | Interest paid | Ending balance | Principal vs interest |
|---|---|---|---|---|---|
| 1 | $96,000 | $1,073 | $6,208 | $94,927 | |
| 2 | $94,927 | $1,145 | $6,137 | $93,782 | |
| 3 | $93,782 | $1,222 | $6,060 | $92,561 | |
| 4 | $92,561 | $1,303 | $5,978 | $91,257 | |
| 5 | $91,257 | $1,391 | $5,891 | $89,867 | |
| 6 | $89,867 | $1,484 | $5,798 | $88,383 | |
| 7 | $88,383 | $1,583 | $5,698 | $86,800 | |
| 8 | $86,800 | $1,689 | $5,592 | $85,110 | |
| 9 | $85,110 | $1,802 | $5,479 | $83,308 | |
| 10 | $83,308 | $1,923 | $5,358 | $81,385 |
- Year 1$94,927
- Principal paid
- $1,073
- Interest paid
- $6,208
- Starting balance
- $96,000
- Year 2$93,782
- Principal paid
- $1,145
- Interest paid
- $6,137
- Starting balance
- $94,927
- Year 3$92,561
- Principal paid
- $1,222
- Interest paid
- $6,060
- Starting balance
- $93,782
- Year 4$91,257
- Principal paid
- $1,303
- Interest paid
- $5,978
- Starting balance
- $92,561
- Year 5$89,867
- Principal paid
- $1,391
- Interest paid
- $5,891
- Starting balance
- $91,257
- Year 6$88,383
- Principal paid
- $1,484
- Interest paid
- $5,798
- Starting balance
- $89,867
- Year 7$86,800
- Principal paid
- $1,583
- Interest paid
- $5,698
- Starting balance
- $88,383
- Year 8$85,110
- Principal paid
- $1,689
- Interest paid
- $5,592
- Starting balance
- $86,800
- Year 9$83,308
- Principal paid
- $1,802
- Interest paid
- $5,479
- Starting balance
- $85,110
- Year 10$81,385
- Principal paid
- $1,923
- Interest paid
- $5,358
- Starting balance
- $83,308
Nearby
Courtesy of All City Real Estate Ltd. Co · (866) 277-6005
Listings courtesy of ACTRIS as distributed by MLS GRID.