Active Listing  ·  68 days on market

109 Union Pacific Dr

Cedar Creek, TX 78612
$425,990
5 Bed 3 Bath 2,430 sqft $175/sqft Built 2026 0.50 acres 3-Car Garage Pool New Construction RAILHEAD

The Grayson is a spacious one-story floorplan featured in the Railhead community in Cedar Creek, Texas. Offering 2,430 square feet, this home includes 5 bedrooms, 3 bathrooms, and a 3-car garage, providing plenty of space for everyday living. A welcoming foyer leads to four secondary bedrooms and two full bathrooms, offering flexibility for guests, home offices, or hobby spaces. At the heart of the home, the open-concept kitchen, dining, and family room create an inviting space for gathering and entertaining. The kitchen features a large center island, quartz countertops, stainless steel appliances, ample cabinet space, and a walk-in pantry. The adjoining dining and family room are filled with natural light and overlook the covered patio, creating a seamless indoor-outdoor connection. Privately situated at the back of the home, the primary suite offers a peaceful retreat with a walk-in shower, double vanity, and spacious walk-in closet. The Grayson also includes America's Smart Home technology package, featuring the Qolsys IQ Panel, video doorbell, Alarm.com app, Honeywell thermostat, smart light switch, and Kwikset smart lock, all conveniently controlled from your smartphone. Contact us today to learn more about the Grayson and find your new home at Railhead.

At $175/sqft, this home is 37% below the Cedar Creek active market average of $280/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

109 Union Pacific Dr, Cedar Creek, TX 78612

Property Details

Price $425,990
Status Active Listing
Beds 5
Full Baths 3
Half Baths ,
Living Area 2,430 sqft
Lot Size 0.50 acres (21,780 sqft)
Year Built 2026
Garage 3 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision RAILHEAD
County Bastrop
Zip Code 78612
$/sqft $175/sqft
Days on Market ,
HOA $105/Quarterly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT231707875
List Date May 28, 2026
Elementary School Cedar Creek
Middle School Creekside
High School Cedar Creek
School District ,

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

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Price History

How This Ask Has Moved

Original list price versus what this home is asking today. Straight from the ACTRIS MLS feed, no interpretation.

Original ask · May 28, 2026 $440,990
Current ask $425,990
Reduced $15,000 (-3.4%) from original ask

Source: ACTRIS MLS. Price change timestamp reflects the most recent adjustment on record; the feed does not expose intermediate steps between the original ask and today's ask.

Similar Homes on the Market in Cedar Creek

Comparable Listings Right Now

Homes currently for sale in Cedar Creek 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
217 Gato Rd
Las Alamedas
$429,900 $198 4 bd / 3 ba 2,176 sqft , 2026-06-06
249 Hershal Ln
Las Alamedas
$429,999 $199 4 bd / 3 ba 2,160 sqft , 2026-02-11
127 Meadow Way
MARTIN'S MEADOW
$430,000 $215 4 bd / 3 ba 2,003 sqft , 2025-10-28
112 Cassins Nest None
Riverbend at Double Eagle
$418,990 $155 4 bd / 3 ba 2,708 sqft , 2026-06-26
116 Andaman Roost None
Riverbend at Double Eagle
$439,990 $156 5 bd / 3 ba 2,812 sqft , 2026-05-28

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
$2,045/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
$85,198
20% conventional investment loan

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

Estimated Gross Rent+$2,045
Principal + Interest−$2,325
Property Tax (~2.1% TX avg)−$745
Insurance (~0.5%)−$177
Est. Monthly Cash Flow $-1,202

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 Creek, TX

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

Tesla Gigafactory 15-25 min E
Apple Campus (Domain) 20-30 min N
Google / Meta / Indeed 10-15 min downtown
Dell Medical School / UT Austin 10-20 min
Samsung Austin Semiconductor 25 min N

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