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ActiveMLS #1944310

187 Stephen F Austin BLVD, Bastrop TX 78602

Bastrop, TX 78602 · The Colony

Single Family Residence for sale in The Colony

3Bedrooms
2 full / 1 halfBathrooms
3,271Square Ft
1.70Acres
2Garage
2000Year Built
Price Reduced
1 / 35
$600,000$750,000
3D tour

Overview

Property Description

Set on 1.69 acres within the exclusive gated community of The Colony in Bastrop, Texas, this exceptional estate offers a refined blend of sophistication, privacy, and timeless Texas elegance. Spanning 3,271 square feet, the residence is thoughtfully designed with 3 bedrooms, 3.5 baths, a private study, and multiple living spaces curated for both grand entertaining and intimate everyday living. **NEW ROOF INSTALLED 5/8/2026** A stately wraparound porch, accented with classic ceiling fans, creates a striking first impression and invites you into a gracious foyer. Beyond, the expansive living room is bathed in natural light, anchored by a beautiful fireplace—an inviting setting for relaxed evenings and elegant gatherings alike. The home’s flowing layout offers a seamless balance of formal and casual spaces, perfectly suited for hosting. At its heart, the chef’s kitchen is a true showpiece, featuring built-in appliances, extensive custom cabinetry, and generous prep surfaces designed to elevate both everyday meals and culinary entertaining. French doors open to a serene screened-in sunroom, blurring the line between indoor comfort and outdoor beauty. The backyard unfolds into a private resort-style retreat, complete with a sparkling saltwater pool, a covered entertaining deck for outdoor cooking, and an expansive dining deck ideal for al fresco evenings under the Texas sky. Beyond the rear gate, the grounds continue with a dedicated gardening area, thoughtfully equipped with water access—perfect for cultivating your own private landscape. This remarkable property offers an elevated lifestyle defined by space, tranquility, and understated luxury—all within one of Bastrop’s most coveted communities.

Financial Info
Price
$600,000
$ / Sqft
$183
HOA
Yes - Mandatory / $163 / Monthly
HOA Name
The Colony
HOA Includes
Common Area Maintenance
Tax Rate
1.68148%
Est. Taxes
$5,193.95
Tax Year
2025
Exemptions
Homestead, Over 65
Legal Info
Address
187 Stephen F Austin BLVD
County
Bastrop
City
Bastrop
State
TX
Zip
78602
Subdivision
The Colony
Legal Description
THE COLONY SECTION ONE, BLOCK B, LOT 3, ACRES 1.6950
Parcel
84811
Interior Features
Floor
Carpet, Tile, Wood
Num Living
2
Dining
2
Kitchen
Granite Counters, Eat-in Kitchen, Kitchen Island, Pantry
Appliances
Built-In Oven(s), Cooktop, Dishwasher, Disposal, Dryer, Freezer, Gas Cooktop, Plumbed For Ice Maker, Free-Standing Refrigerator, Trash Compactor, Washer, Gas Water Heater
Laundry
Laundry Room
Master Bed
Double Vanity, Walk-In Closet(s)
Master Main
Yes
Fireplaces
1
Fireplace Description
Decorative, Living Room, Stone, Wood Burning
Interior Features
Built-in Features, Ceiling Fan(s), Vaulted Ceiling(s), Granite Counters, Double Vanity, Electric Dryer Hookup, Eat-in Kitchen, Entrance Foyer, Interior Steps, Kitchen Island, Multiple Dining Areas, Multiple Living Areas, Pantry, Recessed Lighting, Soaking Tub, Study/Home Office, Walk-In Closet(s), Washer Hookup, Smoke Detector(s), Double Pane Windows, Screens, Vinyl Windows
General Info
Beds
3 Total / 3 Main Level
Full / Half Baths
2 / 1
Prop Type
Residential
Property Type
Single Family Residence
Stories
2
Year Built
2000 / Resale
Square Feet
3,271 / Public Records
Garages
2
Garage Desc
Attached, Driveway, Garage, Garage Door Opener, Garage Faces Side
Foundation
Slab
Roof
Composition
Construction
Frame
Acres
1.70
Lot Description
Back Yard, Front Yard, Landscaped, Native Plants, Public Maintained Road, Sprinkler - Automatic, Sprinklers In Front, Trees-Medium (20 Ft - 40 Ft)
Restrictions
Deed Restrictions
Flood Plain
No
View
Neighborhood, Trees/Woods
Water Access
No
Waterfront
No
Area
BW
Utility Info
Water
Public
Sewer
Septic Tank
Utilities
Electricity Connected, Natural Gas Connected, Sewer Connected, Underground Utilities, Water Connected
Heat
Central, Forced Air
A C
Ceiling Fan(s), Central Air, Electric
Exterior Features
Fence
Back Yard, Wood
Exterior Features
See Remarks, Exterior Steps, Gutters Partial, Private Yard, Front Porch, Patio, Screened
Pool On Property
Yes
Area Amenities
Cluster Mailbox, Common Grounds, Gated, Pool

Rooms

Rooms3 rooms

Main level

  • Living Room

    Spacious and inviting with abundance of natural light from windows. Through the French doors enjoy the screened in sunroom with a ceiling fan and view of saltwater pool and back yard.

    Bookcases, Ceiling Fan(s), Recessed Lighting, Vaulted Ceiling(s)

First level

  • Primary Bedroom

    Large room with abundant windows for natural light, and view of pool and back yard. private door to sunroom and back yard.

    Ceiling Fan(s), Recessed Lighting, Vaulted Ceiling(s)

  • Kitchen

    A chef's kitchen, abundance of cabinetry, counter space, built in appliances. Entertaining either formal or informal this kitchen makes it a joy!

    Breakfast Bar, Center Island, GranCnt, Dining Area, Eat In Kitchen, Pantry, Plumbed for Icemaker, Recessed Lighting, Tray Ceiling(s)

Price history

Members only
Days on market
−$150,000 (−20%)
$750,000 → $600,000
6
Price reductions
Active
Since Mar 19, 2026
Price trend
List priceMar 2026Aug 2026
Property history10 events
DateEventPriceChange
Aug 17, 2026Price Decrease$600,000−$39,900 (−6.2%)
Aug 3, 2026Price Decrease$639,900−$10,000 (−1.5%)
Jul 8, 2026Price Decrease$649,900−$10,000 (−1.5%)
Jun 28, 2026Price Decrease$659,900−$15,100 (−2.2%)
Jun 12, 2026Price Decrease$675,000−$54,000 (−7.4%)
May 7, 2026Price Decrease$729,000−$21,000 (−2.8%)
May 7, 2026Back On Market
Apr 16, 2026Hold
Apr 9, 2026Active Under Contract
Mar 19, 2026New Listing

Taxes

General Information
Owner
COLBERT, WILLIAM V & MARGARET A
Legal
THE COLONY SECTION ONE, BLOCK B, LOT 3, ACRES 1.6950
Geo ID
84811
Acreage
1.70
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
$5,193.95
MLS tax year
2025
CAD estimated taxes
$5,175.27
CAD source year
2026
Appraisal Values
YearLandImprovementsMarketAppraisedAssessed
2026$243,614$532,795$776,409$776,409$776,409
Assessments
CappedTaxableAssessedLand HSImp HSCAD Est. TaxTaxing Unit
$776,409$751,409$1,985.01BASTROP COUNTY
$776,409$576,409$1,310.74BASTROP ISD
$776,409$776,409$659.02BASTROP COUNTY EMERGENCY SVC DIST #1
$776,409$776,409$776.41BASTROP COUNTY EMERGENCY SVC DIST #3
$776,409$751,409$444.09COUNTY 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

List price $600,000
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

$3,967 / mo

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

Estimated monthly payment $3,967

Principal & interest
$3,034
Property taxes
$433
Homeowners insurance
$500

*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$480,000$5,365$31,042$474,635
2$474,635$5,724$30,683$468,911
3$468,911$6,108$30,299$462,803
4$462,803$6,517$29,890$456,286
5$456,286$6,953$29,454$449,333
6$449,333$7,419$28,988$441,914
7$441,914$7,916$28,491$433,998
8$433,998$8,446$27,961$425,552
9$425,552$9,012$27,396$416,540
10$416,540$9,615$26,792$406,925
  • Year 1$474,635
    Principal paid
    $5,365
    Interest paid
    $31,042
    Starting balance
    $480,000
  • Year 2$468,911
    Principal paid
    $5,724
    Interest paid
    $30,683
    Starting balance
    $474,635
  • Year 3$462,803
    Principal paid
    $6,108
    Interest paid
    $30,299
    Starting balance
    $468,911
  • Year 4$456,286
    Principal paid
    $6,517
    Interest paid
    $29,890
    Starting balance
    $462,803
  • Year 5$449,333
    Principal paid
    $6,953
    Interest paid
    $29,454
    Starting balance
    $456,286
  • Year 6$441,914
    Principal paid
    $7,419
    Interest paid
    $28,988
    Starting balance
    $449,333
  • Year 7$433,998
    Principal paid
    $7,916
    Interest paid
    $28,491
    Starting balance
    $441,914
  • Year 8$425,552
    Principal paid
    $8,446
    Interest paid
    $27,961
    Starting balance
    $433,998
  • Year 9$416,540
    Principal paid
    $9,012
    Interest paid
    $27,396
    Starting balance
    $425,552
  • Year 10$406,925
    Principal paid
    $9,615
    Interest paid
    $26,792
    Starting balance
    $416,540
First 10 of 30 years

Nearby

Courtesy of RE/MAX Bastrop Area · (512) 303-4441

Listings courtesy of ACTRIS as distributed by MLS GRID.