#1 Austin Board of Realtors Team 2024#1 Austin Board of Realtors Team 2024
4 bed, 2 bath, 2,511 sqft on 0.21 acres in Farm Lt. Bastrop, TX 78602. $529,000. Bastrop ISD.
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.
Verified property facts
503 Elm ST is listed at $529,000 with 4 bedrooms, 2 full, 1 half bathrooms, 2,511 square feet, 0.21-acre lot. This places it above the ZIP 78602 single-family closed-sale median price of $449,950 (ZIP 78602 geography · single-family closed sales · median sale price · trailing 12 months as of Sep 25, 2026).
503 Elm ST is zoned for Bastrop ISD with assigned schools: Mina (4/10) (elementary), Riverside (middle), Bastrop (8/10) (high). School assignments should be verified directly with the district.
503 Elm ST is a Residential built in 1983 featuring 4 bedrooms, 2 full, 1 half bathrooms, 2,511 square feet, 0.21-acre lot.
503 Elm ST is listed by Schiff Real Estate. Keenan Group at Compass presents this IDX listing and provides the accompanying market analysis using MLS Grid / Unlock MLS data reviewed as of Sep 25, 2026.
The most recent annual property tax for 503 Elm ST is $8,320. Texas has no state income tax, so property taxes are a primary revenue source. Rates vary by jurisdiction and exemptions. Verify current amounts with the county appraisal district.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
25+ years advising buyers and sellers in this community
1 record on file
Every recorded listing, sale, and lease at 503 Elm ST, whoever represented it.
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
Price Change with current price, original ask, and market time.
Public record data from county appraisal records. Market value can differ from assessed value.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2026+7.4% | — | $177,722 | $65,152 | $112,570 |
2025 | — | $165,520 | $46,000 | $139,047 |
Bastrop ISD
Zoned assignments come from the property school fields available to us. District context schools are shown only when an assigned tier is missing. Contact the school district directly to verify current boundaries and enrollment eligibility. Ratings from GreatSchools.org.
20% ($106K)
Adjustable assumption - not a lending recommendation.
$529,000
Luxury property intelligence
A sourced read on Farm Lt pricing, timing, and property scale. No automated valuation claim.
List price
$529,000
Price per sqft
$211/sqft
Vs. Neighborhood guide reference price
Not available
Days on market
471 days
Original to current
$170K reduction
$699K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Sep 25, 2026.
Request Private Market AnalysisZIP-level neighborhoods, schools, lifestyle, and Austin market context
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Pricing, prep, launch timing, and Compass marketing strategy
#1 ABOR Team 2024 with $1B+ career sales volume
This page does not assume a mortgage rate or publish a monthly payment for 503 Elm ST. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.
As of Sep 25, 2026, 503 Elm ST is offered at $529,000. The current MLS snapshot shows 321 active listings in 78602. Keenan Group has completed 2 verified transactions in 78602 within its 1,000+ completed transactions and $1B+ career volume across Austin.
503 Elm ST was built in 1983 (43 years ago). Buyers should budget for potential updates to major systems.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
5 events on record
Current Price
$529,000
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year |
|---|
| Taxes |
|---|
| Total Assessment |
|---|
| Land |
|---|
| Additions |
|---|
2026+7.4% | — | $177,722 | $65,152 | $112,570 |
2025 | — | $165,520 | $46,000 | $139,047 |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
| Address | Sold Price |
|---|---|
| 180 Wahane Ln | $387K |
| 163 Winchester Rd | $360K |
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