407 Magnolia ST, Bastrop TX 78602
Bastrop, TX 78602 · Farm Lt
Single Family Residence for sale in Farm Lt
Overview
Property Description
Just minutes from the heart of historic downtown Bastrop, 407 Magnolia offers an updated, light-filled home with a flexible backyard space that sets it apart. The three-bedroom, two-bath floor plan features an open living and kitchen area with quartz countertops, custom tile backsplash, stainless steel appliances and generous natural light. The primary suite is thoughtfully separated from the secondary bedrooms and includes an ensuite bath and walk-in closet. Outside, the nearly quarter-acre lot provides an expansive, fully fenced backyard with plenty of room to garden, entertain or simply enjoy the additional space. A 14’ x 16’ detached workshop with loft, electricity and a window A/C unit offers even more possibilities—an ideal art studio, creative space, detached office or workshop. Located within easy reach of downtown Bastrop’s restaurants, shops and local character, this is a comfortable, well-positioned home with thoughtful updates and unexpected versatility. A lender interest-rate buy-down is available for approved buyers, offering an opportunity for reduced financing costs. Contact listing agent for details and lender qualifications.
Financial Info
- Price
- $255,000
- $ / Sqft
- $197
- HOA
- None
- Tax Rate
- 2.1%
- Est. Taxes
- $5,315.44
- Tax Year
- 2025
- Exemptions
- None
Legal Info
- Address
- 407 Magnolia ST
- County
- Bastrop
- City
- Bastrop
- State
- TX
- Zip
- 78602
- Subdivision
- Farm Lt
- Legal Description
- FARM LOT, BLOCK 12 W M ST, ACRES 0.235
- Parcel
- 47437
Interior Features
- Floor
- Laminate, Tile
- Num Living
- 1
- Dining
- 1
- Kitchen
- Eat-in Kitchen
- Appliances
- Convection Oven, Dishwasher, Electric Cooktop, Electric Range, Freezer, Microwave, Electric Oven, Stainless Steel Appliance(s), Washer/Dryer, Electric Water Heater
- Laundry
- Inside, Laundry Room, Main Level
- Master Bed
- Primary Bedroom on Main, Walk-In Closet(s)
- Master Main
- Yes
- Interior Features
- Ceiling Fan(s), Quartz Counters, Electric Dryer Hookup, Eat-in Kitchen, Open Floorplan, Primary Bedroom on Main, Recessed Lighting, Walk-In Closet(s), Washer Hookup, Smoke Detector(s), Aluminum Frames, Vinyl Windows
General Info
- Beds
- 3 Total / 3 Main Level
- Full / Half Baths
- 2 / 0
- Prop Type
- Residential
- Property Type
- Single Family Residence
- Stories
- 1
- Year Built
- 1981 / Resale
- Square Feet
- 1,296 / Public Records
- Garage Desc
- Concrete, Driveway, Off Street, Paved, Private
- Foundation
- Slab
- Roof
- Composition
- Construction
- Brick Veneer, Wood Siding
- Acres
- 0.24
- Lot Description
- Back Yard, Curbs, Few Trees, Front Yard, Interior Lot, Level, Trees-Sparse
- Restrictions
- City Restrictions
- Flood Plain
- No
- View
- Neighborhood
- Water Access
- No
- Waterfront
- No
- Area
- BA
Utility Info
- Water
- Public
- Sewer
- Public Sewer
- Utilities
- Cable Available, Electricity Connected, Internet-Cable, Natural Gas Not Available, Sewer Connected, Water Connected
- Heat
- Central
- A C
- Ceiling Fan(s), Central Air
Exterior Features
- Fence
- Back Yard, Wood
- Exterior Features
- No Exterior Steps, Covered, Front Porch
- Pool On Property
- No
- Area Amenities
- None
Price history
No price or status changes recorded yet.
Taxes
- Owner
- MATHIS, CASEY L & JASON R
- Legal
- Farm Lot, BLOCK 12 W M ST, ACRES 0.235
- Geo ID
- 47437
- Acreage
- 0.24
- Exemption Type
- None on record
- T1
- BASTROP COUNTY
- T2
- BASTROP ISD
- T3
- CITY OF BASTROP
- T6
- BASTROP COUNTY EMERGENCY SVC DIST #3
- T7
- COUNTY ROAD FM
- MLS estimated annual taxes
- $5,315.44
- MLS tax year
- 2025
- CAD estimated taxes
- $5,408.67
- CAD source year
- 2026
| Year | Land | Improvements | Market | Appraised | Assessed |
|---|---|---|---|---|---|
| 2026 | $89,673 | $167,809 | $257,482 | $257,482 | $257,482 |
| Capped | Taxable | Assessed | Land HS | Imp HS | CAD Est. Tax | Taxing Unit |
|---|---|---|---|---|---|---|
| $257,482 | $257,482 | — | — | — | $902.45 | BASTROP COUNTY |
| $257,482 | $257,482 | — | — | — | $2,749.65 | BASTROP ISD |
| $257,482 | $257,482 | — | — | — | $1,297.71 | CITY OF BASTROP |
| $257,482 | $257,482 | — | — | — | $257.48 | BASTROP COUNTY EMERGENCY SVC DIST #3 |
| $257,482 | $257,482 | — | — | — | $201.38 | COUNTY ROAD FM |
Source: Bastrop County
Schools
School Info
- District
- Bastrop ISD
- Elementary
- Emile
- Middle
- Riverside
- High
- Bastrop
Maps
Financing
Your preferences
- 20% down
- Conv/Jumbo
- 30 years
- 6.50% rate
Saved on this device
Estimated monthly payment
$1,945 / mo
20% down · 6.50% interest · 30-year fixed
Estimated monthly payment $1,945
- Principal & interest
- $1,289
- Property taxes
- $443
- Homeowners insurance
- $213
*PITI only
These figures are estimates for general information only — not a loan offer, a quote, or a guarantee of financing terms.
| Year | Starting balance | Principal paid | Interest paid | Ending balance | Principal vs interest |
|---|---|---|---|---|---|
| 1 | $204,000 | $2,280 | $13,193 | $201,720 | |
| 2 | $201,720 | $2,433 | $13,040 | $199,287 | |
| 3 | $199,287 | $2,596 | $12,877 | $196,691 | |
| 4 | $196,691 | $2,770 | $12,703 | $193,922 | |
| 5 | $193,922 | $2,955 | $12,518 | $190,966 | |
| 6 | $190,966 | $3,153 | $12,320 | $187,813 | |
| 7 | $187,813 | $3,364 | $12,109 | $184,449 | |
| 8 | $184,449 | $3,590 | $11,884 | $180,860 | |
| 9 | $180,860 | $3,830 | $11,643 | $177,030 | |
| 10 | $177,030 | $4,086 | $11,387 | $172,943 |
- Year 1$201,720
- Principal paid
- $2,280
- Interest paid
- $13,193
- Starting balance
- $204,000
- Year 2$199,287
- Principal paid
- $2,433
- Interest paid
- $13,040
- Starting balance
- $201,720
- Year 3$196,691
- Principal paid
- $2,596
- Interest paid
- $12,877
- Starting balance
- $199,287
- Year 4$193,922
- Principal paid
- $2,770
- Interest paid
- $12,703
- Starting balance
- $196,691
- Year 5$190,966
- Principal paid
- $2,955
- Interest paid
- $12,518
- Starting balance
- $193,922
- Year 6$187,813
- Principal paid
- $3,153
- Interest paid
- $12,320
- Starting balance
- $190,966
- Year 7$184,449
- Principal paid
- $3,364
- Interest paid
- $12,109
- Starting balance
- $187,813
- Year 8$180,860
- Principal paid
- $3,590
- Interest paid
- $11,884
- Starting balance
- $184,449
- Year 9$177,030
- Principal paid
- $3,830
- Interest paid
- $11,643
- Starting balance
- $180,860
- Year 10$172,943
- Principal paid
- $4,086
- Interest paid
- $11,387
- Starting balance
- $177,030
Nearby
Courtesy of Compass RE Texas, LLC · (512) 575-3644
Listings courtesy of ACTRIS as distributed by MLS GRID.