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ActiveMLS #3391185

203 Wagon Way, Bastrop TX 78602

Bastrop, TX 78602 · The Colony

Single Family Residence for sale in The Colony

3Bedrooms
2 full / 1 halfBathrooms
2,532Square Ft
1.22Acres
3Garage
2007Year Built
Price Reduced
1 / 40
$549,500$645,000
3D tour

Overview

Property Description

Welcome to life in The Colony, one of Bastrop’s premier master-planned communities where the beauty of the Lost Pines, the nearby Colorado River, and exceptional neighborhood amenities create a truly special place to call home. Set on an oversized 1.22-acre lot, this beautifully maintained single-story home offers the space, privacy, and lifestyle buyers are looking for. From the moment you arrive, the timeless white stone exterior, manicured landscaping, and inviting curb appeal make a lasting impression. Inside, the home feels warm and welcoming with a layout designed for comfortable everyday living and easy entertaining. Step outside to the covered back patio, ideal for morning coffee, weekend gatherings, or relaxing evenings overlooking the large backyard. With 1.22 acres, there is plenty of room to garden, play, add a pool, or simply enjoy your own private outdoor retreat. Living in The Colony means enjoying a true community lifestyle with outstanding amenities including resort-style pools, fitness centers, clubhouses, scenic ponds, playgrounds, pickleball courts, dog parks, and miles of walking and biking trails woven through the natural beauty of the Lost Pines. Conveniently located with quick access to Highway 71, this home is ideal for commuters needing proximity to SpaceX, The Boring Company, and X (formerly Twitter) in the greater Austin area. You’ll also enjoy easy access to Austin-Bergstrom International Airport and all the dining, music, shopping, and entertainment of Downtown Austin. For golf enthusiasts, premier courses including Wolfdancer Golf Club and ColoVista Golf Club are just a short drive away, offering championship play in stunning natural settings. If you’ve been searching for acreage, a beautiful home, and an active community surrounded by nature yet close to Austin conveniences, this exceptional property in The Colony is the perfect fit.

Financial Info
Price
$549,500
$ / Sqft
$217
HOA
Yes - Mandatory / $125 / Monthly
HOA Name
The Colony HOA
HOA Includes
Common Area Maintenance, Maintenance Grounds
Tax Rate
1.68%
Est. Taxes
$10,055
Tax Year
2025
Exemptions
None
Legal Info
Address
203 Wagon Way
County
Bastrop
City
Bastrop
State
TX
Zip
78602
Subdivision
The Colony
Legal Description
THE COLONY SECTION FIVE, BLOCK K, LOT 4, ACRES 1.2230
Parcel
92987
Interior Features
Floor
Tile, Wood
Num Living
1
Dining
2
Kitchen
Breakfast Bar, Granite Counters, Kitchen Island, Pantry
Appliances
Built-In Gas Oven, Built-In Gas Range, Dishwasher, Disposal, Microwave, RNGHD, Free-Standing Refrigerator, Self Cleaning Oven, Stainless Steel Appliance(s)
Laundry
Inside, Laundry Room, Main Level
Master Bed
Double Vanity, Primary Bedroom on Main, Walk-In Closet(s)
Master Main
Yes
Fireplaces
1
Fireplace Description
Gas, Living Room, Raised Hearth, Wood Burning
Interior Features
Bookcases, Breakfast Bar, Ceiling Fan(s), Coffered Ceiling(s), High Ceilings, Granite Counters, Crown Molding, Double Vanity, Electric Dryer Hookup, Entrance Foyer, French Doors, High Speed Internet, In-Law Floorplan, Kitchen Island, No Interior Steps, Open Floorplan, Pantry, Primary Bedroom on Main, Study/Home Office, Walk-In Closet(s), Washer Hookup, Security System, Blinds, Drapes, Double Pane Windows
General Info
Beds
3 Total / 3 Main Level
Full / Half Baths
2 / 1
Prop Type
Residential
Property Type
Single Family Residence
Stories
1
Year Built
2007 / Resale
Square Feet
2,532 / Public Records
Garages
3
Garage Desc
Door-Multi, Garage, Garage Door Opener, Garage Faces Side
Foundation
Slab
Roof
Metal
Construction
Masonry – All Sides, Stone
Acres
1.22
Lot Description
Landscaped, Level, Public Maintained Road, Sprinkler - Automatic, Trees-Medium (20 Ft - 40 Ft)
Restrictions
Deed Restrictions
Flood Plain
No
View
Neighborhood
Water Access
No
Waterfront
No
Area
BW
Utility Info
Water
Public
Sewer
Septic Tank
Utilities
Electricity Connected, Internet-Cable, Natural Gas Connected, Water Connected
Heat
Central, Natural Gas
A C
Ceiling Fan(s), Central Air, Electric
Exterior Features
Fence
Back Yard, Wire, Wood
Exterior Features
Gutters Partial, Private Yard, Covered, Front Porch, Rear Porch
Pool On Property
No
Area Amenities
Clubhouse, Common Grounds, Controlled Access, Gated, High Speed Internet, Lake, Park, Pet Amenities, Picnic Area, Planned Social Activities, Playground, Pool, Sauna, Tennis Court(s)

Price history

Members only
Days on market
−$95,500 (−14.8%)
$645,000 → $549,500
3
Price reductions
Active
Since Apr 18, 2026
Price trend
List priceApr 2026Sep 2026
Property history8 events
DateEventPriceChange
Sep 19, 2026Price Decrease$549,500−$49,500 (−8.3%)
Aug 31, 2026Back On Market
Aug 2, 2026Active Under Contract
Jul 15, 2026Price Decrease$599,000−$26,000 (−4.2%)
Jun 19, 2026Price Decrease$625,000−$20,000 (−3.1%)
May 13, 2026Back On Market
May 2, 2026Active Under Contract
Apr 18, 2026New Listing

Taxes

General Information
Owner
POTEET, LEON J & MIREILLE WEBB
Legal
THE COLONY SECTION FIVE, BLOCK K, LOT 4, ACRES 1.2230
Geo ID
92987
Acreage
1.22
Exemptions
Exemption Type
Disabled Veteran Homestead, 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
$10,055
MLS tax year
2025
CAD estimated taxes
$0.00
CAD source year
2026
Appraisal Values
YearLandImprovementsMarketAppraisedAssessed
2026$201,752$396,180$597,932$597,932$597,932
Assessments
CappedTaxableAssessedLand HSImp HSCAD Est. TaxTaxing Unit
$597,932$0$0.00BASTROP COUNTY
$597,932$0$0.00BASTROP ISD
$597,932$0$0.00BASTROP COUNTY EMERGENCY SVC DIST #1
$597,932$0$0.00BASTROP COUNTY EMERGENCY SVC DIST #3
$597,932$0$0.00COUNTY 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
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 $549,500
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

$4,075 / mo

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

Estimated monthly payment $4,075

Principal & interest
$2,779
Property taxes
$838
Homeowners insurance
$458

*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$439,600$4,914$28,429$434,686
2$434,686$5,243$28,100$429,444
3$429,444$5,594$27,749$423,850
4$423,850$5,968$27,375$417,882
5$417,882$6,368$26,975$411,514
6$411,514$6,795$26,548$404,719
7$404,719$7,250$26,093$397,470
8$397,470$7,735$25,608$389,735
9$389,735$8,253$25,090$381,482
10$381,482$8,806$24,537$372,676
  • Year 1$434,686
    Principal paid
    $4,914
    Interest paid
    $28,429
    Starting balance
    $439,600
  • Year 2$429,444
    Principal paid
    $5,243
    Interest paid
    $28,100
    Starting balance
    $434,686
  • Year 3$423,850
    Principal paid
    $5,594
    Interest paid
    $27,749
    Starting balance
    $429,444
  • Year 4$417,882
    Principal paid
    $5,968
    Interest paid
    $27,375
    Starting balance
    $423,850
  • Year 5$411,514
    Principal paid
    $6,368
    Interest paid
    $26,975
    Starting balance
    $417,882
  • Year 6$404,719
    Principal paid
    $6,795
    Interest paid
    $26,548
    Starting balance
    $411,514
  • Year 7$397,470
    Principal paid
    $7,250
    Interest paid
    $26,093
    Starting balance
    $404,719
  • Year 8$389,735
    Principal paid
    $7,735
    Interest paid
    $25,608
    Starting balance
    $397,470
  • Year 9$381,482
    Principal paid
    $8,253
    Interest paid
    $25,090
    Starting balance
    $389,735
  • Year 10$372,676
    Principal paid
    $8,806
    Interest paid
    $24,537
    Starting balance
    $381,482
First 10 of 30 years

Nearby

Courtesy of Keller Williams Realty · (512) 678-1100

Listings courtesy of ACTRIS as distributed by MLS GRID.