Bastrop’s charm and value make it one of the best places to buy in Central Texas—but before you start house hunting, you need to know your buying power. Here’s how to estimate how much house you can afford in Bastrop, TX in 2025.
Rule of Thumb: The 28/36 Guideline
Most lenders use the following limits:
- Housing expenses (PITI) ≤ 28% of gross monthly income
- Total debts (including credit cards, car loans, etc.) ≤ 36%
Example: If you earn $6,000/month → max housing = ~$1,680
Bastrop Market Snapshot (2025)
- Median home price: ~$375,000
- Starter homes (3 bed, 2 bath): ~$290,000–$325,000
- New construction: $375K–$450K
- 10% down on a $350K home = ~$35K + closing costs
Monthly Payment Breakdown
Estimated for a $325,000 Bastrop home:
- Principal & Interest @ 6.5% = ~$2,060
- Property Taxes (~2.2%) = ~$600/month
- Homeowners Insurance = ~$100/month
- Total: ~$2,760/month
Use a local affordability calculator that accounts for Bastrop taxes—not just generic online tools.
Don’t Forget Hidden Costs
- HOA dues (e.g., The Colony, Pecan Park)
- Utilities (especially outside city limits)
- Maintenance & repairs
- Commuting (if working in Austin)
Final Thoughts
You can buy more home in Bastrop than in Austin—but smart budgeting makes the difference. Let’s walk through your goals, numbers, and find a home that fits your lifestyle and wallet.
💡 Schedule a free affordability planning session with me today.
