Active Listing  ·  59 days on market

11400 Parmer Ln #7

Cedar Park, TX 78613
$408,000
3 Bed 3 Bath 1,888 sqft $216/sqft Built 2011 2-Car Garage Pool Paradiso Villas Condo

Enjoy peaceful greenbelt living in this beautifully maintained 3-bedroom, 2.5-bath home in Cedar Park. Located across from the greenbelt at the end of the subdivision, the home offers a quiet, private setting with wooded views. East-facing windows fill the home with beautiful morning sunlight, while mature trees frame the front deck and provide shade in the evening.

The spacious layout features engineered Small Leaf Acacia hardwood flooring throughout the downstairs common areas, stairs and expansive upstairs loft. The versatile loft has served as a playroom, gaming room, or large home office, providing flexible space for work, hobbies or recreation.

The kitchen was remodeled in 2019 by Statewide Remodeling and features a custom island with additional cabinetry, matching countertops and backsplash, Blanco sink, and updated stove, dishwasher, plumbing and garbage disposal. In 2022, the entire HVAC system was replaced inside and out and equipped with UV light treatment. The primary bath was also extensively remodeled in 2022, including a renovated walk-in shower with new insulation, drywall and concrete pad, floor-to-ceiling tile, frameless glass doors, built-in shower nook and re-routed plumbing. Marble tile continues throughout the primary bath. A well-maintained tankless gas water heater is located in the garage.

The expanded deck, completed in 2017, features custom climbing rose supports and pillars for garden lighting. Custom window shades throughout add comfort and privacy. The 2-car attached garage offers convenient direct access to the kitchen, making grocery unloading easy.

Brushy Creek Lake Park is directly across the street, offering playgrounds, walking and biking paths, mountain biking trails and recreational amenities. H-E-B, restaurants and shopping are just minutes away. Located in Leander ISD.

At $216/sqft, this home is 4% below the Cedar Park active market average of $225/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

11400 Parmer Ln #7, Cedar Park, TX 78613

Property Details

Price $408,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 1,888 sqft
Lot Size ,
Year Built 2011
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Paradiso Villas Condo
County Williamson
Zip Code 78613
$/sqft $216/sqft
Days on Market ,
HOA $235/Monthly
Annual Tax Est. $7,555.46
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT242955257
List Date August 10, 2026
Elementary School Ronald Reagan
Middle School Artie L Henry
High School Vista Ridge
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.

Schedule a Call →

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
11400 W Parmer Ln #99
Paradiso Villas Condo
$369,000 $212 3 bd / 3 ba 1,743 sqft , 2026-08-04

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
$1,958/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
$81,600
20% conventional investment loan

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

Estimated Gross Rent+$1,958
Principal + Interest−$2,227
Property Tax (~2.1% TX avg)−$714
Insurance (~0.5%)−$170
Est. Monthly Cash Flow $-1,153

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 October 7, 2026.

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