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ActiveMLS #8335292

379 Matthew CV, Bastrop TX 78602

Bastrop, TX 78602 · Lake Bastrop Sec 1

Single Family Residence for sale in Lake Bastrop Sec 1

3Bedrooms
2 full / 2 halfBathrooms
4,838Square Ft
20.00Acres
3Garage
2007Year Built
Price Reduced
1 / 40
$1,400,000$1,500,000

Overview

Property Description

Tucked away at the end of Matthew Cove, this 20-acre gentleman's ranch offers a level of privacy and versatility that's difficult to find. Surrounded by towering pines with Piney Creek bordering the back of the property, the setting feels secluded while remaining just a short drive from Bastrop. Designed for comfortable living, the 4,838-square-foot custom home includes three bedrooms, four bathrooms, multiple living spaces, a library, theater room, and an oversized laundry and mud room. The backyard is built for enjoying the outdoors with an irrigated fenced lawn, a beautiful in-ground pool, and a waterfall surrounded by mature trees. Beyond the home, a 3,700-square-foot climate-controlled flex building opens the door to countless possibilities. Whether you're looking for a private office, creative studio, workshop, wellness space, homeschool facility, or the ideal headquarters for a home-based business, this space is ready to adapt to your vision. Underground rainwater collection tanks provide additional utility by capturing runoff from the building along with solar panels on both the barn and garage. Whether your ideal property is a private retreat, a place to grow your business, or simply a home with room to pursue your passions, 379 Matthew Cove offers the space and flexibility to make it your own.

Financial Info
Price
$1,400,000
$ / Sqft
$289
HOA
None
Tax Rate
1.7%
Est. Taxes
$12,744
Tax Year
2025
Exemptions
Wildlife
Legal Info
Address
379 Matthew CV
County
Bastrop
City
Bastrop
State
TX
Zip
78602
Subdivision
Lake Bastrop Sec 1
Legal Description
A292 REID, JAMES, ACRES 20
Parcel
127682
Interior Features
Floor
Tile, Wood
Num Living
3
Dining
2
Kitchen
Kitchen Island, Pantry
Appliances
Built-In Electric Oven, Cooktop, Dishwasher, Microwave, Refrigerator, Washer/Dryer
Laundry
Laundry Room
Master Bed
Primary Bedroom on Main, Walk-In Closet(s)
Master Main
Yes
Fireplaces
1
Fireplace Description
Wood Burning
Interior Features
Bookcases, High Ceilings, Kitchen Island, Multiple Dining Areas, Multiple Living Areas, Open Floorplan, Pantry, Primary Bedroom on Main, Study/Home Office, Walk-In Closet(s), Security System, Blinds
General Info
Beds
3 Total / 3 Main Level
Full / Half Baths
2 / 2
Prop Type
Residential
Property Type
Single Family Residence
Stories
2
Year Built
2007 / Resale
Square Feet
4,838 / Public Records
Garages
3
Garage Desc
Concrete, Enclosed, Garage
Foundation
Slab
Roof
Shingle
Construction
HardiPlank Type, Masonry – Partial
Acres
20.00
Lot Description
Back to Park/Greenbelt, Native Plants, Private, Private Maintained Road, Trees-Heavy, Trees-Large (Over 40 Ft)
Restrictions
None
Flood Plain
Partial
View
Creek/Stream, Pasture, Trees/Woods
Water Access
No
Waterfront
No
Area
BA
Utility Info
Water
Public
Sewer
Septic Tank
Utilities
Above Ground, Electricity Connected, Solar, Water Connected
Heat
Central, Solar
A C
Central Air
Exterior Features
Fence
None
Exterior Features
Gutters Full, Lighting, Private Entrance, Private Yard, Sport Court, Covered
Pool On Property
Yes
Area Amenities
None

Price history

Days on market
−$100,000 (−6.7%)
$1,500,000 → $1,400,000
2
Price reductions
Active
Since Jul 15, 2026
Price trend
List priceJul 2026 → Oct 2026
Property history3 events
DateEventPriceChange
Oct 8, 2026Price Decrease$1,400,000−$50,000 (−3.4%)
Aug 20, 2026Price Decrease$1,450,000−$50,000 (−3.3%)
Jul 15, 2026New Listing

Taxes

General Information
Owner
HATCHER REVOCABLE LIVING TRUST
Legal
A292 Reid, James, ACRES 20
Geo ID
127682
Acreage
20.00
Exemptions
Exemption Type
None on record
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
$12,744
MLS tax year
2025
CAD estimated taxes
$12,744.07
CAD source year
2026
Appraisal Values
YearLandImprovementsMarketAppraisedAssessed
2026$420,000$707,845$1,127,845$751,154$751,154
Assessments
CappedTaxableAssessedLand HSImp HSCAD Est. TaxTaxing Unit
$751,154$751,154———$2,632.72BASTROP COUNTY
$751,154$751,154———$8,021.57BASTROP ISD
$751,154$751,154———$751.15BASTROP COUNTY EMERGENCY SVC DIST #2
$751,154$751,154———$751.15BASTROP COUNTY EMERGENCY SVC DIST #3
$751,154$751,154———$587.48COUNTY 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 $1,400,000
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

$9,308 / mo

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

Estimated monthly payment $9,308

Principal & interest
$7,079
Property taxes
$1,062
Homeowners insurance
$1,167

*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$1,120,000$12,519$72,431$1,107,481
2$1,107,481$13,357$71,593$1,094,125
3$1,094,125$14,251$70,698$1,079,873
4$1,079,873$15,206$69,744$1,064,667
5$1,064,667$16,224$68,726$1,048,443
6$1,048,443$17,311$67,639$1,031,132
7$1,031,132$18,470$66,480$1,012,662
8$1,012,662$19,707$65,243$992,955
9$992,955$21,027$63,923$971,928
10$971,928$22,435$62,515$949,493
  • Year 1$1,107,481
    Principal paid
    $12,519
    Interest paid
    $72,431
    Starting balance
    $1,120,000
  • Year 2$1,094,125
    Principal paid
    $13,357
    Interest paid
    $71,593
    Starting balance
    $1,107,481
  • Year 3$1,079,873
    Principal paid
    $14,251
    Interest paid
    $70,698
    Starting balance
    $1,094,125
  • Year 4$1,064,667
    Principal paid
    $15,206
    Interest paid
    $69,744
    Starting balance
    $1,079,873
  • Year 5$1,048,443
    Principal paid
    $16,224
    Interest paid
    $68,726
    Starting balance
    $1,064,667
  • Year 6$1,031,132
    Principal paid
    $17,311
    Interest paid
    $67,639
    Starting balance
    $1,048,443
  • Year 7$1,012,662
    Principal paid
    $18,470
    Interest paid
    $66,480
    Starting balance
    $1,031,132
  • Year 8$992,955
    Principal paid
    $19,707
    Interest paid
    $65,243
    Starting balance
    $1,012,662
  • Year 9$971,928
    Principal paid
    $21,027
    Interest paid
    $63,923
    Starting balance
    $992,955
  • Year 10$949,493
    Principal paid
    $22,435
    Interest paid
    $62,515
    Starting balance
    $971,928
First 10 of 30 years

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Courtesy of Keller Williams Brazos West · (817) 279-6996

Listings courtesy of ACTRIS as distributed by MLS GRID.