503 Elm ST, Bastrop, TX — photo 1
Price CutEstimated by HomeLocating
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$499,000
4 beds2.5 baths2,511 sqft

503 Elm ST, Bastrop, TX 78602

MLS #228257756 · Schiff Real Estate · Gary Schiff

Residential
Built in 1983
0.21 Acres Lot
$199/sqft

About this home

Experience small-town Texas charm with easy access to Austin in this fully-renovated, move-in ready patio home located in Downtown Bastrop. Updated top to bottom with new flooring, paint, lighting, fixtures, appliances, A/C systems, durable metal roof, and privacy fence, this rare 4-bed, 2 1/2-bath home offers walkability to Main Street shops, Fisherman's Park, Bastrop High School, and Mina Elementary. The main-level primary suite includes dual sink vanity, frameless shower, soaking tub and three closets, while the kitchen features new cabinets with quartz countertops, a center island, and an open layout into the great room. With two living areas, two fireplaces, a 2-car garage, and mature pecan trees, this is a turnkey opportunity in a highly desirable area. Note that currently there is no homestead exemption applied to this home, so taxes will be substantially reduced when this house is used as a homestead.

Property details

Property type
Residential · SingleFamilyResidence
Status
Active
Year built
1983
Full baths
2
Half baths
1
Lot size
0.206
Subdivision
Farm Lt
MLS area
BA
MLS #
228257756

Features

Interior features

  • Ceiling Fan(s)
  • Vaulted Ceiling(s)
  • Central Vacuum
  • Chandelier
  • Quartz Counters
  • Double Vanity
  • Electric Dryer Hookup
  • Eat-in Kitchen
  • Entrance Foyer
  • Interior Steps
  • Kitchen Island
  • Low Flow Plumbing Fixtures
  • Multiple Living Areas
  • Open Floorplan
  • Primary Bedroom on Main
  • Recessed Lighting
  • Smart Thermostat
  • Soaking Tub
  • Walk-In Closet(s)
  • Washer Hookup

Exterior features

  • Gutters Full
  • Lighting
  • No Exterior Steps

Additional details

Parking
Garage, Garage Door Opener
Garage spaces
2
Roof
Metal
Foundation
Slab
Annual tax
$8,320

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Schools

Assigned schools per the MLS.

School district
Bastrop ISD
Elementary
Mina
Middle
Riverside
High
Bastrop

See Bastrop ISD schools & boundaries →

Comparable homes near 503 Elm ST

Similar homes currently for sale nearby, ranked by distance.

Getting around

Downtown Austin
27.1 mi
Austin-Bergstrom Airport
21.3 mi

Straight-line distance, not drive time.

Market insights

Compared with 654 active homes in ZIP 78602 · HomeLocating listings

Area median price
$398,750
This home vs. median
25% above
Homes with a price cut
45%

At $499,000, this home is priced 25% above the $398,750 median across 654 active homes in ZIP 78602.

Estimated monthly payment

$3,424/mo
Principal & interest$2,523/mo
Property taxes
Home insurance (est.)

Home price

$499,000

Down payment

20% ($99,800)

Loan details

30-yr fixed, 6.50%

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Listing courtesy of Schiff Real Estate · Gary Schiff

Listing data last updated Oct 5, 2026, 11:46 PM

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