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Market MapTexasBastrop

Bastrop County

TexasPopulation: 98,435
51
/100
Hold
#531 of 1,000 counties
#134 in Texas (243 counties)
Analysis by RentalCalcs Research·Independent data + algorithm-driven scoring
Updated May 11, 2026Sources: Zillow ZHVI, Zillow ZORI, US Census ACS, Tax Foundation

Market Snapshot

$355,438
Median Home Price
52% above national median
$1,835/mo
Median Rent
22% above national median
6.19%
Rent-to-Price Ratio
Top 43% nationally
-$671
Est. Monthly Cash Flow
With 20% down at 6.9% rate

Scenario comparison

Same $1,835/mo rent assumption, 20% down, 6.85% rate. What changes is the acquisition price.
ScenarioPurchase priceMonthly cash flowCap rateCash-on-cash
75% of median
value-add or distressed
$266,578-$205/mo5.4%-4.0%
Median
typical MLS deal
$355,438-$671/mo4.0%-9.8%
125% of median
newer / premium
$444,297-$1,136/mo3.2%-13.3%

Price History

Historical data from Zillow ZHVI/ZORI

Quick Investment Calculator

20%
5%50%100%

Purchase

Purchase Price$355,438
Down Payment (20%)$71,088
Loan Amount$284,350
Interest Rate6.85%

Monthly Cash Flow

Gross Rent+$1,835
Monthly P&I-$1,863
Est. Expenses (35%)-$642
Net Cash Flow-$671/mo
4.0%
Cap Rate (all cash)
-9.8%
Cash-on-Cash Return
6.19%
Rent-to-Price Ratio
Negative leverage: At 6.85% rates, borrowing costs exceed the 4.0% cap rate. All-cash buyers may see better returns.

* Based on county median values. 35% expenses include taxes, insurance, maintenance, vacancy, and property management. Actual results vary by property.

Run Full AnalysisTry House Hack Strategy

Score Breakdown

Overall Investment Score
51/100
51
Cash Flow(30%)
62/100

Based on 6.19% rent-to-price ratio. Higher ratios indicate stronger cash flow potential.

Appreciation(25%)
29/100

Based on -4.1% YoY price growth. Moderate growth (3-8%) scores highest.

Stability(25%)
50/100

Population data not available.

Affordability(20%)
63/100

Price-to-income ratio of 4.4x. Lower ratios indicate more affordable markets.

Scores are calculated using real Zillow home value and rent data, Census population data, and economic indicators. The weighted average produces the overall investment score. Markets with missing rent data use estimated values based on regional averages.

Investment Outlook

Strengths

  • +Complete rent data available

Challenges

  • -Declining home values (-4.1% YoY)
  • -Negative cash flow at typical financing (-$671/mo)
  • -Negative leverage (cap rate 4.0% < mortgage rate 6.9%)

Economic Indicators

Population
98,435
Median Income
$80,151
vs $57,059 national est.
Unemployment Rate
—
Data pending
Price-to-Income
4.4x
Moderately affordable

Who this market fits

Best for
  • +All-cash buyers: removing debt service flips the cap rate to actual yield
Skip if
  • −You need positive cash flow on day one at typical leverage
  • −You can't tolerate negative leverage (cap rate below mortgage rate today)
  • −You expect appreciation to carry the deal, but prices have declined year over year

Compare to Nearby Counties

CountyVerdict
HendersonTX
52$267,226$1,3215.93%HoldView
BosqueTX
52$232,126Est. pending—HoldView
CurrentBastropTX
51$355,438$1,8356.19%Hold
RainsTX
51$284,463Est. pending—HoldView
HillTX
51$223,626Est. pending—HoldView
MilamTX
51$255,491Est. pending—HoldView

The Bottom Line

HoldBastrop is a neutral market. Consider house hacking or targeting below-market deals.

Bastrop County in Texas scores 51/100, ranking #531 of 1,000 US counties (top 70%). At 20% down and current rates, a median-priced rental loses about $671/month; the 6.19% gross rent-to-price ratio doesn't survive debt service. The thesis here is appreciation, value-add, house hacking, or all-cash.

Monthly Cash Flow
$-671/mo
Cap Rate
4.0%
Cash-on-Cash
-9.8%

Related markets

Markets like Bastrop with stronger cash flow

  • Henderson County for cash-flow rentals

Cheaper alternatives to Bastrop

  • Hill County, lower entry price
  • Bosque County, lower entry price
  • Milam County, lower entry price

Head-to-head comparisons

  • Bastrop vs Rains for rentals
  • Bastrop vs Hill for rentals
  • Bastrop vs Milam for rentals
All counties in Texas →

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