1719 Watterson RD, Red Rock TX 78662

Red Rock, TX 78662 | Wilkerson

Ed's Opinion of Value

$507,150 Ed's Estimate: $589,418 $1,250,000
Lowest Comp Recommended List: $746,000 to $832,000 Highest Comp

Listing History

$589,000 List Price
$592,798 Comp Value
1 Price Reductions

This property was listed at $589,000 and expired after 323 days on market. The price was reduced from $595,000 to $589,000. This listing activity factors into the valuation.

My analysis of 7 comparable properties puts this home's estimated value at $589,418. Based on how the local market is moving, a list price between $746,000 and $832,000 would position this home well. This pricing would rank the home as the most affordable of 2 comparable homes on the market in WILKERSON's current inventory. The larger floor plan (265 sqft compared to the average comp) is a meaningful differentiator in this price range. At 26 years newer than typical comps, the 2017 build date influences the valuation. The comp data here (7 sales in WILKERSON) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus
6 Beds
4 Baths
3,000 Sq Ft
17.646 Acres
2017 Built

About This Property

Escape to the beauty of country living while securing a fantastic investment opportunity at 1719 Watterson Rd. This cash-flowing property offers not just a peaceful lifestyle but also an excellent source of passive income. Featuring two well-maintained 3-bedroom, 2-bathroom mobile homes, this property is fully leased with tenants paying $1,500 and $1,450 per month, respectively—ensuring steady rental income from day one. Whether you're an investor looking for a turnkey rental property or a homeowner seeking a residence with built-in income potential, this property delivers. Adding to its financial appeal, the property currently benefits from an agricultural exemption with bees, which helps reduce property taxes—a valuable advantage for the new owner. With Aqua Water Supply and Bluebonnet Electric, this home is well-equipped for comfortable living while maintaining its rustic charm. Set on a peaceful lot surrounded by nature, this property offers the best of tranquil country living without sacrificing convenience. Located just a short drive from Bastrop’s restaurants, shopping, and entertainment, residents enjoy the perfect balance of privacy and accessibility. Whether you're looking to expand your investment portfolio or settle into a serene homestead with rental income, 1719 Watterson Rd is a rare find that won’t last long. Don’t miss out on this incredible opportunity—schedule a showing today!

Location

Schools

School District Bastrop ISD
Elementary Red Rock
Middle School Creekside
High School Cedar Creek

Property Details

Property Type Residential
Exterior Balcony
County Bastrop
MLS # 4617232

Tax Information

Annual Taxes $1,102 (2024)

Listing History

MLS# 3268497 - Updated Apr 6, 2026 322 days
Dec 31, 2025 Off Market
Feb 12, 2025 Listed $595,000

Frequently Asked Questions About 1719 Watterson RD, Red Rock TX 78662

When was 1719 Watterson RD, Red Rock TX 78662 built?

1719 Watterson RD, Red Rock TX 78662 was built in 2017.

How much does 1719 Watterson RD, Red Rock TX 78662 cost?

1719 Watterson RD, Red Rock TX 78662 is currently off market.

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