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PendingMLS #6870924

197 Maddy WAY, Bastrop TX 78602

Bastrop, TX 78602 · The Colony

Single Family Residence for sale in The Colony

4Bedrooms
3 full / 1 halfBathrooms
2,944Square Ft
0.07Acres
3Garage
2026Year Built
1 / 16
$699,900$738,900

Overview

Property Description

Home office with French doors is set the entry. A media room with French doors is off the extended entry. The formal dining room flows into the open family room with a cast stone fireplace and a wall of windows, which features a sliding glass door that opens to the extended covered backyard patio. The kitchen features a 6-burner gas rangetop, a corner walk-in pantry, a coffee bar, and a generous island with built-in seating space. The adjoining morning area features a wall of windows. Primary suite includes double-door entry to primary bath with dual vanities, a freestanding tub, a separate glass-shower, and two walk-in closets. A guest suite offers a private bath. High ceilings and abundant closet space add to this spacious four-bedroom design. Mud room off the three-car garage.

Financial Info
Price
$699,900
$ / Sqft
$238
HOA
Yes - Mandatory / $1,958.88 / Annually
HOA Name
Perry Homes
HOA Includes
See Remarks
Tax Rate
2.53%
Est. Taxes
$1,557.84
Tax Year
2026
Exemptions
None
Legal Info
Address
197 Maddy WAY
County
Bastrop
City
Bastrop
State
TX
Zip
78602
Subdivision
The Colony
Legal Description
LOT 17 - BLOCK B - SECTION 2
Parcel
197 Maddy Way
Interior Features
Floor
Carpet, Tile
Num Living
1
Dining
1
Kitchen
Granite Counters, Kitchen Island, Pantry
Appliances
Built-In Oven(s), Dishwasher, Disposal, ENERGY STAR Qualified Appliances, Microwave, Self Cleaning Oven, Gas Water Heater, Tankless Water Heater
Laundry
Inside
Master Bed
Double Vanity, Primary Bedroom on Main, Walk-In Closet(s)
Master Main
Yes
Fireplaces
1
Fireplace Description
Family Room
Interior Features
High Ceilings, Granite Counters, Double Vanity, Electric Dryer Hookup, French Doors, Kitchen Island, Open Floorplan, Pantry, Primary Bedroom on Main, Walk-In Closet(s), Prewired, Smoke Detector(s), None
General Info
Beds
4 Total / 4 Main Level
Full / Half Baths
3 / 1
Prop Type
Residential
Property Type
Single Family Residence
Stories
1
Year Built
2026 / New
Square Feet
2,944 / Builder
Garages
3
Garage Desc
Attached, Garage Door Opener, Tandem
Foundation
Slab
Roof
Composition
Construction
Brick, Masonry – All Sides
Acres
0.07
Lot Description
Back to Park/Greenbelt
Restrictions
Deed Restrictions
Flood Plain
No
View
Park/Greenbelt
Water Access
No
Waterfront
No
Area
BA
Utility Info
Water
Public
Sewer
Public Sewer
Utilities
Underground Utilities
Heat
Central, Natural Gas
A C
Central Air, Zoned
Exterior Features
Fence
Privacy, Wood, Wrought Iron
Exterior Features
Gutters Partial, Private Yard, Covered, Patio
Pool On Property
No
Area Amenities
Clubhouse, Cluster Mailbox, Common Grounds, Dog Park, Fitness Center, Park, Playground, Pool

Rooms

Rooms2 rooms

Main level

  • Primary Bathroom
  • Primary Bedroom

    Walk-In Closet(s)

Price history

Members only
Days on market
−$39,000 (−5.3%)
$738,900 → $699,900
2
Price reductions
Pending
Since Jun 22, 2026
Price trend
List priceJun 2026Aug 2026
Property history5 events
DateEventPriceChange
Aug 31, 2026Pending
Aug 17, 2026Price Decrease$699,900−$40,000 (−5.4%)
Jul 8, 2026Price Decrease$739,900−$4,000 (−0.5%)
Jul 1, 2026Price Increase$743,900+$5,000 (+0.7%)
Jun 22, 2026New Listing

Taxes

General Information
Owner
PERRY HOMES LLC
Legal
The Colony Mud 1F Section 2, BLOCK B, LOT 17, ACRES 0.251
Geo ID
8734908
Acreage
0.25
Exemptions
Exemption Type
None on record
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
T8
THE COLONY MUNICIPAL UTILITY DISTRICT NO. 1F
Tax Summary
MLS estimated annual taxes
$1,557.84
MLS tax year
2026
CAD estimated taxes
$1,805.84
CAD source year
2026
Appraisal Values
YearLandImprovementsMarketAppraisedAssessed
2026$72,306$0$72,306$72,306$72,306
Assessments
CappedTaxableAssessedLand HSImp HSCAD Est. TaxTaxing Unit
$72,306$72,306$253.43BASTROP COUNTY
$72,306$72,306$772.16BASTROP ISD
$72,306$72,306$61.37BASTROP COUNTY EMERGENCY SVC DIST #1
$72,306$72,306$72.31BASTROP COUNTY EMERGENCY SVC DIST #3
$72,306$72,306$56.55COUNTY ROAD FM
$69,414$69,414$590.02THE COLONY MUNICIPAL UTILITY DISTRICT NO. 1F

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
Colony Oaks
Middle
Cedar Creek
High
Cedar Creek

Maps

Financing

Your preferences

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

Saved on this device

List price $699,900
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

$4,252 / mo

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

Estimated monthly payment $4,252

Principal & interest
$3,539
Property taxes
$130
Homeowners insurance
$583

*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$559,920$6,258$36,211$553,662
2$553,662$6,678$35,791$546,984
3$546,984$7,125$35,344$539,859
4$539,859$7,602$34,867$532,258
5$532,258$8,111$34,358$524,147
6$524,147$8,654$33,815$515,492
7$515,492$9,234$33,235$506,259
8$506,259$9,852$32,617$496,406
9$496,406$10,512$31,957$485,894
10$485,894$11,216$31,253$474,678
  • Year 1$553,662
    Principal paid
    $6,258
    Interest paid
    $36,211
    Starting balance
    $559,920
  • Year 2$546,984
    Principal paid
    $6,678
    Interest paid
    $35,791
    Starting balance
    $553,662
  • Year 3$539,859
    Principal paid
    $7,125
    Interest paid
    $35,344
    Starting balance
    $546,984
  • Year 4$532,258
    Principal paid
    $7,602
    Interest paid
    $34,867
    Starting balance
    $539,859
  • Year 5$524,147
    Principal paid
    $8,111
    Interest paid
    $34,358
    Starting balance
    $532,258
  • Year 6$515,492
    Principal paid
    $8,654
    Interest paid
    $33,815
    Starting balance
    $524,147
  • Year 7$506,259
    Principal paid
    $9,234
    Interest paid
    $33,235
    Starting balance
    $515,492
  • Year 8$496,406
    Principal paid
    $9,852
    Interest paid
    $32,617
    Starting balance
    $506,259
  • Year 9$485,894
    Principal paid
    $10,512
    Interest paid
    $31,957
    Starting balance
    $496,406
  • Year 10$474,678
    Principal paid
    $11,216
    Interest paid
    $31,253
    Starting balance
    $485,894
First 10 of 30 years

Nearby

Courtesy of Perry Homes Realty, LLC · (713) 948-6666

Listings courtesy of ACTRIS as distributed by MLS GRID.