Active Listing  ·  26 days on market

1005 Cedar Park Dr

Cedar Park, TX 78613
$875,000
4 Bed 3 Bath 2,540 sqft $344/sqft Built 2009 0.69 acres 2-Car Garage Pool Forest Park

Perfectly situated on an expansive 0.69-acre lot, this captivating single-story Cedar Park home offers an exceptional combination of space, privacy, and outdoor living. Featuring 3 spacious bedrooms, 2.5 bathrooms plus a dedicated office room. the thoughtfully designed floor plan provides comfortable everyday living with a seamless flow throughout.

Step outside to your own private retreat, surrounded by mature trees, lush landscaping, and an impressive variety of botanical and fruit trees that create a peaceful, secluded setting. The resort-style swimming pool and outdoor BBQ area provide the perfect backdrop for entertaining, relaxing, and enjoying Texas evenings. The oversized lot offers abundant space for gardening, recreation, outdoor gatherings, and more, while two outdoor storage structures and an RV carport parking provide additional functionality.

Located in a desirable central Cedar Park neighborhood with convenient access to shopping, dining, recreation, and area amenities, this unique property offers the rare opportunity to enjoy nearly three-quarters of an acre all while remaining close to everything Cedar Park has to offer.

At $344/sqft, this home is priced 51% above the Cedar Park active market average of $228/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

1005 Cedar Park Dr, Cedar Park, TX 78613

Property Details

Price $875,000
Status Active Listing
Beds 4
Full Baths 2
Half Baths 1
Living Area 2,540 sqft
Lot Size 0.69 acres (30,056.4 sqft)
Year Built 2009
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Forest Park
County Williamson
Zip Code 78613
$/sqft $344/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $15,793.99
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT241168792
List Date July 29, 2026
Elementary School Lois F Giddens
Middle School Running Brushy
High School Leander High
School District ,

Luke Allen (TREC #788149) has deep knowledge of Cedar Park and surrounding markets. Whether you're buying, selling, or just researching comparable sales, reach out for a no-pressure conversation.

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Similar Homes on the Market in Cedar Park

Comparable Listings Right Now

Homes currently for sale in Cedar Park with similar bedroom count, size, and price range, giving you real-time context for how this property's asking price compares to the active market.

AddressList Price$/sqftBeds/BathsSqftDOMListed
105 Summer Park Bnd
Parkwest Estates Sec 2
$799,000 $237 5 bd / 4 ba 3,372 sqft , 2026-06-02
1130 Welch Way
Crossing At Carriage Hills Sec
$798,000 $268 5 bd / 4 ba 2,974 sqft , 2026-08-14
203 Summer Park Bnd
Parkwest Estates
$775,000 $282 5 bd / 3 ba 2,751 sqft , 2026-05-19
500 Victoria Dr
Buttercup Crk Ph V Sec 09
$629,000 $191 4 bd / 4 ba 3,298 sqft , 2026-06-24
1610 Elkins Ln
Buttercup Creek Ph 05 Sec 05
$594,999 $204 5 bd / 3 ba 2,919 sqft , 2026-05-22

Source: ACTRIS MLS, live listings. Similar by ±1 bed, ±35% price, ±35% sqft. Contact Luke for a formal comparative market analysis.

Investment Analysis

Rental Income Potential

The numbers below use conservative Austin-market assumptions. They are estimates, not a guarantee. Actual rents vary by condition, timing, and management. Read our full Austin rental property guide →

Est. Monthly Rent
$4,200/mo
0.48% rule · conservative Austin est.
Gross Yield
5.76%
Annual rent ÷ purchase price
Cap Rate (est.)
3.46%
NOI after 40% vacancy + expenses
Down Payment
$175,000
20% conventional investment loan

Monthly Cash Flow Breakdown (20% down · 7.25% rate)

Estimated Gross Rent+$4,200
Principal + Interest−$4,775
Property Tax (~2.1% TX avg)−$1,531
Insurance (~0.5%)−$365
Est. Monthly Cash Flow $-2,471

At current rates and prices, many Austin luxury properties run neutral or slightly negative on pure cash flow, appreciation and equity paydown are the primary return drivers. BRRRR and off-market acquisitions can improve day-one cash flow. Learn about the BRRRR method in Austin →

Commute & Employment

Major Employers Near Cedar Park, TX

Cedar Park sits within commuting range of Austin's major tech, manufacturing, and corporate campuses. Approximate drive times from this area:

Apple Campus (Domain) 20 min SE
Dell Technologies HQ 15 min E
Samsung Austin Semiconductor 25 min SE
Tesla Gigafactory 40 min SE

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About the Author
Luke Allen, Austin TX Realtor, TREC #788149
Luke Allen
Licensed Austin TX Realtor · TREC #788149 · Full-time since 2019
★★★★★ 5.0 on Google · 30 Reviews

Luke Allen is a full-time Austin TX Realtor with the Austin Marketing + Development Group brokerage. He works with buyers, sellers, and investors across every Austin ISD and the surrounding neighborhoods, from Downtown and East Austin to Round Rock, Cedar Park, and the Hill Country. Every page on this site is written and maintained by Luke. This page was last updated on August 16, 2026.

📞 (254) 718-2567 [email protected] More about Luke →