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ActiveMLS #9695899

138 Papawai DR, Bastrop TX 78602

Bastrop, TX 78602 · Tahitian Village

Single Family Residence for sale in Tahitian Village

3Bedrooms
2 full / 1 halfBathrooms
2,700Square Ft
0.50Acres
2Garage
2006Year Built
Price Reduced
1 / 40
$450,000$465,000
3D tour

Overview

Property Description

Welcome to 138 Papawai, nestled in the Tahitian Village community in Bastrop, TX. Set on a generous 0.5-acre lot surrounded by mature trees, this spacious two-story home offers both comfort and privacy in a serene natural setting. Inside, you’ll find multiple living and dining areas designed for flexible everyday living and entertaining. The heart of the home is the well-appointed kitchen, featuring quartz countertops, a center island, and abundant cabinetry for exceptional storage. It opens seamlessly to the main living area, where high ceilings, abundant natural light, and a cozy fireplace create a warm and inviting atmosphere. The home offers 3 bedrooms and 2.5 bathrooms, including a spacious primary suite located on the second floor. This retreat also features a private sitting area or office space—perfect for remote work, reading, or a quiet escape. The ensuite bathroom enhances the suite with a dual vanity, relaxing garden tub, and separate walk-in shower, combining comfort and functionality in a well-appointed design. The primary suite also includes access to a private balcony with beautiful views, creating a peaceful outdoor retreat ideal for morning coffee or evening relaxation. A bonus second-floor living area provides additional flexible space ideal for a media room, play area, or secondary lounge. Blending space, flexibility, and a peaceful wooded backdrop, this property delivers the ideal balance of comfort and privacy in one of Bastrop’s sought-after neighborhoods.

Financial Info
Price
$450,000
$ / Sqft
$167
HOA
Voluntary
HOA Name
Tahitian Village HOA
HOA Includes
See Remarks
Tax Rate
1.6966%
Est. Taxes
$9,195.65
Tax Year
2026
Exemptions
Homestead
Legal Info
Address
138 Papawai DR
County
Bastrop
City
Bastrop
State
TX
Zip
78602
Subdivision
Tahitian Village
Legal Description
TAHITIAN VILLAGE, UNIT 2, BLOCK 2, LOT 95
Parcel
34108
Interior Features
Floor
Carpet, Laminate, Tile
Num Living
3
Dining
2
Kitchen
Breakfast Bar, Eat-in Kitchen, Kitchen Island, Pantry
Appliances
Dishwasher, Free-Standing Electric Range, RNGHD, Self Cleaning Oven, Stainless Steel Appliance(s), Electric Water Heater, WaterSoftener
Laundry
Inside, Laundry Room, Upper Level
Master Bed
Double Vanity, Walk-In Closet(s)
Master Main
No
Fireplaces
1
Fireplace Description
Living Room
Interior Features
Breakfast Bar, Built-in Features, Ceiling Fan(s), Quartz Counters, Double Vanity, Electric Dryer Hookup, Eat-in Kitchen, Entrance Foyer, High Speed Internet, Interior Steps, Kitchen Island, Multiple Dining Areas, Multiple Living Areas, Natural Woodwork, Open Floorplan, Pantry, Recessed Lighting, Soaking Tub, Walk-In Closet(s), Washer Hookup, Wired for Data, Smoke Detector(s), Aluminum Frames, Blinds, Insulated Windows, Screens
General Info
Beds
3 Total / 3 Other Level
Full / Half Baths
2 / 1
Prop Type
Residential
Property Type
Single Family Residence
Stories
2
Year Built
2006 / Resale
Square Feet
2,700 / Public Records
Garages
2
Garage Desc
Additional Parking, Attached, Driveway, Garage, Garage Faces Front
Foundation
Slab
Roof
Composition
Construction
Frame, HardiPlank Type, Stone Veneer
Acres
0.50
Lot Description
Front Yard, Private, Steep Slope, Trees-Large (Over 40 Ft)
Restrictions
Covenant, Deed Restrictions
Flood Plain
No
View
Trees/Woods
Water Access
No
Waterfront
No
Area
BA
Utility Info
Water
Public
Sewer
Public Sewer
Utilities
Electricity Connected, Sewer Connected, Water Connected
Heat
Central, Electric
A C
Central Air, Electric
Exterior Features
Fence
Back Yard
Exterior Features
Balcony, Gutters Full, Lighting, Private Entrance, Private Yard, Covered, Deck, Front Porch, Porch
Pool On Property
No
Area Amenities
Golf, Park

Price history

Members only
Days on market
−$15,000 (−3.2%)
$465,000 → $450,000
2
Price reductions
Active
Since Jun 26, 2026
Price trend
List priceJun 2026Sep 2026
Property history3 events
DateEventPriceChange
Sep 5, 2026Price Decrease$450,000−$5,000 (−1.1%)
Aug 19, 2026Price Decrease$455,000−$10,000 (−2.2%)
Jun 26, 2026New Listing

Taxes

General Information
Owner
DAWSON, MICHAEL DEAN & CALLIE MICHELE
Legal
TAHITIAN VILLAGE, UNIT 2, BLOCK 2, LOT 95
Geo ID
34108
Acreage
0.25
Exemptions
Exemption Type
Homestead
Taxing Units
T1
BASTROP COUNTY
T2
BASTROP ISD
T4
BASTROP COUNTY EMERGENCY SVC DIST #2
T6
BASTROP COUNTY EMERGENCY SVC DIST #3
T7
COUNTY ROAD FM
Tax Summary
MLS estimated annual taxes
$9,195.65
MLS tax year
2026
CAD estimated taxes
$6,544.48
CAD source year
2026
Appraisal Values
YearLandImprovementsMarketAppraisedAssessed
2026$40,725$433,275$474,000$474,000$474,000
Assessments
CappedTaxableAssessedLand HSImp HSCAD Est. TaxTaxing Unit
$474,000$474,000$1,661.32BASTROP COUNTY
$474,000$334,000$3,566.79BASTROP ISD
$474,000$474,000$474.00BASTROP COUNTY EMERGENCY SVC DIST #2
$474,000$474,000$474.00BASTROP COUNTY EMERGENCY SVC DIST #3
$474,000$471,000$368.37COUNTY 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
Riverside
High
Bastrop

Maps

Financing

Your preferences

  • 20% down
  • Conv/Jumbo
  • 30 years
  • 6.50% rate

Saved on this device

List price $450,000
Down payment
Stays 20% if you change the price
Note rate, not APR
From this listing’s tax record
*Estimated only (1% of price / yr)

Estimated monthly payment

$3,416 / mo

20% down · 6.50% interest · 30-year fixed

Estimated monthly payment $3,416

Principal & interest
$2,275
Property taxes
$766
Homeowners insurance
$375

*PITI only

These figures are estimates for general information only — not a loan offer, a quote, or a guarantee of financing terms.

Principal, interest and balance for each year
YearStarting balancePrincipal paidInterest paidEnding balancePrincipal vs interest
1$360,000$4,024$23,282$355,976
2$355,976$4,293$23,012$351,683
3$351,683$4,581$22,725$347,102
4$347,102$4,888$22,418$342,214
5$342,214$5,215$22,090$337,000
6$337,000$5,564$21,741$331,435
7$331,435$5,937$21,368$325,498
8$325,498$6,334$20,971$319,164
9$319,164$6,759$20,547$312,405
10$312,405$7,211$20,094$305,194
  • Year 1$355,976
    Principal paid
    $4,024
    Interest paid
    $23,282
    Starting balance
    $360,000
  • Year 2$351,683
    Principal paid
    $4,293
    Interest paid
    $23,012
    Starting balance
    $355,976
  • Year 3$347,102
    Principal paid
    $4,581
    Interest paid
    $22,725
    Starting balance
    $351,683
  • Year 4$342,214
    Principal paid
    $4,888
    Interest paid
    $22,418
    Starting balance
    $347,102
  • Year 5$337,000
    Principal paid
    $5,215
    Interest paid
    $22,090
    Starting balance
    $342,214
  • Year 6$331,435
    Principal paid
    $5,564
    Interest paid
    $21,741
    Starting balance
    $337,000
  • Year 7$325,498
    Principal paid
    $5,937
    Interest paid
    $21,368
    Starting balance
    $331,435
  • Year 8$319,164
    Principal paid
    $6,334
    Interest paid
    $20,971
    Starting balance
    $325,498
  • Year 9$312,405
    Principal paid
    $6,759
    Interest paid
    $20,547
    Starting balance
    $319,164
  • Year 10$305,194
    Principal paid
    $7,211
    Interest paid
    $20,094
    Starting balance
    $312,405
First 10 of 30 years

Nearby

Courtesy of Compass RE Texas, LLC · (512) 575-3644

Listings courtesy of ACTRIS as distributed by MLS GRID.