ActiveMLS #5030165

148 Milam LN, Bastrop TX 78602

Name: 148 Milam LN, Bastrop, TX 78602
SKU: 5030165
Price: 499900 USD
Availability: InStock

Bastrop, TX 78602 · Higgins Add

Single Family Residence for sale in Higgins Add

$519,900

$499,900

1,400

9.87

1966

Price Reduced

1 / 37

$499,900$519,900

3D tour

Overview

Property Description

Final Pricing. A Terrific opportunity to get almost 10 acres in the highly sought-after Bastrop area, with easy access to multiple highways and interstates. Three bedrooms, two bathrooms, that are Farmhouse styled, a Country kitchen with an Island that opens to the living room, and is very well-maintained. It could be a terrific guest house. In-law house while you build your forever home on your private ranch. Ideal Redevelopment district for upcoming planned communities or future projects. Maintain a sufficient distance from your neighbors. METAL ROOF, EXTRA STORAGE BUILDINGS. All fenced. Please note the house needs work. This is a land value. AS IS Where is!

Financial Info

Price: $499,900
$ / Sqft: $357
HOA: None
Tax Rate: 1.74025%
Est. Taxes: $4,000
Tax Year: 2022
Exemptions: Homestead

Legal Info

Address: 148 Milam LN
County: Bastrop
City: Bastrop
State: TX
Zip: 78602
Subdivision: Higgins Add
Legal Description: HIGGINS ADDITION LOT 3B ACS 9.870
Parcel: R34602

Interior Features

Floor: Vinyl
Num Living: 1
Dining: 1
Appliances: Electric Range, Refrigerator
Laundry: In Unit
Master Bed: Primary Bedroom on Main
Master Main: Yes
Interior Features: Ceiling Fan(s), Electric Dryer Hookup, Primary Bedroom on Main, Washer Hookup, 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: 1966 / See Remarks
Square Feet: 1,400 / Public Records
Garage Desc: Outside
Foundation: Pillar/Post/Pier
Roof: Metal
Construction: HardiPlank Type, Masonite
Acres: 9.87
Lot Description: Cleared, Level, Open Lot, Trees-Large (Over 40 Ft), Trees-Medium (20 Ft - 40 Ft), Trees-Small (Under 20 Ft)
Restrictions: None
Flood Plain: No
View: Hill Country, Rural, Trees/Woods
Water Access: No
Waterfront: No
Area: BA

Utility Info

Water: Public
Sewer: Septic Tank
Utilities: Electricity Connected, Water Connected
Heat: Central
A C: Ceiling Fan(s), Central Air, Wall/Window Unit(s)

Exterior Features

Fence: Front Yard, Perimeter
Exterior Features: Private Yard, Covered, Front Porch
Pool On Property: No
Area Amenities: None

Rooms

Rooms5 rooms

Main level

Kitchen
Bar, Open to Family Room
Bedroom
Ceiling Fan(s)
Primary Bedroom
Ceiling Fan(s), Walk-In Closet(s)
Bedroom
None
Primary Bathroom
Full Bath

Price history

Members only

Days on market

−$20,000 (−3.8%)

$519,900 → $499,900

Price reductions

Active

Since Jul 11, 2023

Price trend

List priceJul 2023 → Sep 2025

Property history13 events

Date	Event	Price	Change
Sep 29, 2025	Price Decrease	$499,900−$45,100 (−8.3%)	−$45,100 (−8.3%)
Sep 10, 2025	Price Increase	$545,000+$20,000 (+3.8%)	+$20,000 (+3.8%)
Sep 8, 2025	Price Decrease	$525,000−$50,000 (−8.7%)	−$50,000 (−8.7%)
Apr 3, 2024	Price Decrease	$575,000−$24,900 (−4.2%)	−$24,900 (−4.2%)
Feb 19, 2024	Price Decrease	$599,900−$100,000 (−14.3%)	−$100,000 (−14.3%)
Jan 25, 2024	Price Decrease	$699,900−$100,000 (−12.5%)	−$100,000 (−12.5%)
Dec 20, 2023	Price Increase	$799,900+$310,000 (+63.3%)	+$310,000 (+63.3%)
Nov 20, 2023	Price Decrease	$489,900−$5,000 (−1%)	−$5,000 (−1%)
Oct 26, 2023	Price Decrease	$494,900−$5,000 (−1%)	−$5,000 (−1%)
Sep 18, 2023	Price Decrease	$499,900−$5,000 (−1%)	−$5,000 (−1%)
Sep 1, 2023	Price Decrease	$504,900−$5,000 (−1%)	−$5,000 (−1%)
Jul 28, 2023	Price Decrease	$509,900−$10,000 (−1.9%)	−$10,000 (−1.9%)
Jul 11, 2023	New Listing		—

Taxes

General Information

Owner: MILAM, ROY G
Legal: HIGGINS ADDITION LOT 3B ACS 9.870
Geo ID: 34602
Acreage: 9.87

Exemptions

Exemption Type: Over 65 Homestead Local Option, Homestead, Over 65

Taxing Units

T1: BASTROP COUNTY
T2: BASTROP ISD
T4: BASTROP COUNTY EMERGENCY SVC DIST #1
T6: BASTROP COUNTY EMERGENCY SVC DIST #3
T7: COUNTY ROAD FM

Tax Summary

MLS estimated annual taxes: $4,000
MLS tax year: 2022
CAD estimated taxes: $2,353.27
CAD source year: 2026

Appraisal Values

Year	Land	Improvements	Market	Appraised	Assessed
2026	$303,799	$14,228	$318,027	$318,027	$296,661

Assessments

Capped	Taxable	Assessed	Land HS	Imp HS	CAD Est. Tax	Taxing Unit
$296,661	$277,123	—	—	—	$715.25	BASTROP COUNTY
$296,661	$140,354	—	—	—	$926.68	BASTROP ISD
$296,661	$296,661	—	—	—	$251.81	BASTROP COUNTY EMERGENCY SVC DIST #1
$296,661	$296,661	—	—	—	$296.66	BASTROP COUNTY EMERGENCY SVC DIST #3
$296,661	$277,124	—	—	—	$162.87	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: Mina
Middle: Bastrop
High: Bastrop

Maps

Financing

Your preferences

20% down
Conv/Jumbo
30 years
6.50% rate

Saved on this device

Home priceList price $499,900

Down payment

Stays 20% if you change the price

Interest rateNote rate, not APR

Loan termLoan type

Property taxesFrom this listing’s tax record

Homeowners insurance*Estimated only (1% of price / yr)

Estimated monthly payment

$3,278 / mo

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

Principal & interest: $2,528
Property taxes: $333
Homeowners insurance: $417

*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
Year	Starting balance	Principal paid	Interest paid	Ending balance
1	$399,920	$4,470	$25,863	$395,450
2	$395,450	$4,769	$25,564	$390,681
3	$390,681	$5,089	$25,244	$385,592
4	$385,592	$5,430	$24,904	$380,162
5	$380,162	$5,793	$24,540	$374,369
6	$374,369	$6,181	$24,152	$368,188
7	$368,188	$6,595	$23,738	$361,593
8	$361,593	$7,037	$23,296	$354,556
9	$354,556	$7,508	$22,825	$347,048
10	$347,048	$8,011	$22,322	$339,037

Year 1$395,450
Principal paid
$4,470
Interest paid
$25,863
Starting balance
$399,920
Year 2$390,681
Principal paid
$4,769
Interest paid
$25,564
Starting balance
$395,450
Year 3$385,592
Principal paid
$5,089
Interest paid
$25,244
Starting balance
$390,681
Year 4$380,162
Principal paid
$5,430
Interest paid
$24,904
Starting balance
$385,592
Year 5$374,369
Principal paid
$5,793
Interest paid
$24,540
Starting balance
$380,162
Year 6$368,188
Principal paid
$6,181
Interest paid
$24,152
Starting balance
$374,369
Year 7$361,593
Principal paid
$6,595
Interest paid
$23,738
Starting balance
$368,188
Year 8$354,556
Principal paid
$7,037
Interest paid
$23,296
Starting balance
$361,593
Year 9$347,048
Principal paid
$7,508
Interest paid
$22,825
Starting balance
$354,556
Year 10$339,037
Principal paid
$8,011
Interest paid
$22,322
Starting balance
$347,048

First 10 of 30 years

Nearby

Courtesy of Pine & Beckett, Realtors · (432) 349-7000

Listings courtesy of ACTRIS as distributed by MLS GRID.