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ActiveMLS #4223073

179 Rainbow DR, Bastrop TX 78602

Bastrop, TX 78602 · Circle D East

Single Family Residence for sale in Circle D East

3Bedrooms
2Bathrooms
2,753Square Ft
2.00Acres
2Garage
2000Year Built
Price Reduced
1 / 39
$450,000$599,000
3D tour

Overview

Property Description

Nestled among the towering pines of Circle D in Bastrop, this charming 3-bedroom, 2-bath home sits on 2 peaceful acres and offers a beautiful blend of spacious living, natural surroundings, and rustic character. Inside, bright and inviting rooms create a warm, open feel throughout the home. The heart of the property is the expansive family room, featuring a striking stone fireplace and soaring 20-foot ceilings that fill the space with natural light and create an incredible sense of openness. A spacious loft overlooks the family room, adding flexible space and architectural character while offering sweeping views of the surrounding countryside. The first-floor primary suite offers a peaceful retreat with a private deck overlooking the towering pines. The deck creates a cozy, treehouse-like feel and is the perfect spot to enjoy the setting. The primary bathroom features both a walk-in shower and a relaxing soaking tub. All three bedrooms are conveniently located on the first floor, offering an easy and functional layout. Outside, the 2-acre property is surrounded by mature pines, providing privacy and plenty of space to enjoy the outdoors. A detached garage offers additional parking, storage, or workspace. With its spacious layout, distinctive stone fireplace, soaring ceilings, versatile loft, private primary deck, sweeping countryside views, and serene wooded setting, this Circle D home offers a unique opportunity to enjoy peaceful country living with plenty of character, all while being close to everything Bastrop has to offer.

Financial Info
Price
$450,000
$ / Sqft
$163
HOA
Yes - Mandatory / $125 / Annually
HOA Name
Circle D Civic Association
HOA Includes
Common Area Maintenance
Tax Rate
1.6966%
Est. Taxes
$6,575
Tax Year
2025
Exemptions
Homestead
Legal Info
Address
179 Rainbow DR
County
Bastrop
City
Bastrop
State
TX
Zip
78602
Subdivision
Circle D East
Legal Description
CIRCLE D EAST SEC 1, LOT 102, (LOTS 1 THRU 4 RESUB), ACRES 2.000
Parcel
R46936
Interior Features
Floor
Carpet, Tile, Wood
Num Living
2
Dining
1
Kitchen
Breakfast Bar, Eat-in Kitchen
Appliances
Built-In Electric Oven, Dishwasher, Gas Cooktop, Microwave, Free-Standing Refrigerator, Stainless Steel Appliance(s), Electric Water Heater
Laundry
Laundry Room
Master Bed
Double Vanity, Primary Bedroom on Main, Walk-In Closet(s)
Master Main
Yes
Fireplaces
1
Fireplace Description
Insert, Wood Burning
Interior Features
Breakfast Bar, Built-in Features, Ceiling Fan(s), Beamed Ceilings, Vaulted Ceiling(s), Quartz Counters, Double Vanity, Electric Dryer Hookup, Eat-in Kitchen, Entrance Foyer, French Doors, In-Law Floorplan, Interior Steps, Multiple Living Areas, Primary Bedroom on Main, Walk-In Closet(s), Washer Hookup, None, Blinds, Screens
General Info
Beds
3 Total / 3 Main Level
Full / Half Baths
2 / 0
Prop Type
Residential
Property Type
Single Family Residence
Stories
2
Year Built
2000 / Resale
Square Feet
2,753 / Public Records
Garages
2
Garage Desc
Detached, Garage, Gated, Paved
Foundation
Slab
Roof
Shingle
Construction
Cedar, Stone
Acres
2.00
Lot Description
Back Yard, Level, Native Plants, Sprinkler - In-ground, Trees-Large (Over 40 Ft), Trees-Moderate
Restrictions
Deed Restrictions
Flood Plain
No
View
Pasture, Trees/Woods
Water Access
No
Waterfront
No
Area
BA
Utility Info
Water
Public
Sewer
Septic Tank
Utilities
Electricity Connected, Internet-Cable, Internet-Fiber, Phone Available, Propane, Sewer Connected, Water Connected
Heat
Central, Fireplace Insert
A C
Ceiling Fan(s), Central Air
Exterior Features
Fence
Fenced, Full, Gate
Exterior Features
Garden, Gutters Full, Lighting, Private Yard, Covered, Patio, Rear Porch, Side Porch
Pool On Property
No
Area Amenities
Common Grounds, Fishing, Lake, Park, Picnic Area, Playground

Price history

Days on market
−$149,000 (−24.9%)
$599,000 → $450,000
2
Price reductions
Active
Since Aug 13, 2026
Price trend
List priceAug 2026 → Nov 2026
Property history3 events
DateEventPriceChange
Nov 6, 2026Price Decrease$450,000−$49,000 (−9.8%)
Oct 21, 2026Price Decrease$499,000−$100,000 (−16.7%)
Aug 13, 2026New Listing

Taxes

General Information
Owner
GARVEY, HEATHER MARIE
Legal
CIRCLE D EAST SEC 1, LOT 102, (LOTS 1 THRU 4 RESUB), ACRES 2.000
Geo ID
46936
Acreage
2.00
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
$6,575
MLS tax year
2025
CAD estimated taxes
$5,819.98
CAD source year
2026
Appraisal Values
YearLandImprovementsMarketAppraisedAssessed
2026$162,000$269,297$431,297$431,297$431,297
Assessments
CappedTaxableAssessedLand HSImp HSCAD Est. TaxTaxing Unit
$431,297$431,297———$1,511.65BASTROP COUNTY
$431,297$291,297———$3,110.76BASTROP ISD
$431,297$431,297———$431.30BASTROP COUNTY EMERGENCY SVC DIST #2
$431,297$431,297———$431.30BASTROP COUNTY EMERGENCY SVC DIST #3
$431,297$428,297———$334.97COUNTY ROAD FM

Source: Bastrop County

Schools

School Info
District
Bastrop ISD
Elementary
Lost Pines
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

$3,198 / mo

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

Estimated monthly payment $3,198

Principal & interest
$2,275
Property taxes
$548
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 Venture Partners R.E. · (512) 940-3948

Listings courtesy of ACTRIS as distributed by MLS GRID.