Active Listing  ·  85 days on market

116 MERLIN Ct

Cedar Creek, TX 78612
$675,000
4 Bed 4 Bath 3,781 sqft $179/sqft Built 2023 0.74 acres 3-Car Garage Pool Double Eagle Ranch Sec 4

This craftsman-style home displays minimalist design with geometric forms and streamlined finishes. Bright interiors and fluid room transitions create an inviting modern living environment. This thoughtfully designed residence features four generously proportioned bedrooms and four full bathrooms, providing ample space for comfortable living. The architecture creates an inviting atmosphere throughout the home. The open concept living area flows seamlessly, while quartz countertops and stainless-steel appliances enhance functionality and style. The oversized three-car garage with side entry offers exceptional convenience and storage capacity for vehicles and belongings. Venture outside to the covered patio, an ideal space for relaxation and entertaining guests in any weather. The location offers exceptional recreational opportunities with Bastrop State Park just minutes away, providing hiking trails and natural beauty. McKinney Roughs Nature Park is nearby for additional outdoor adventures, while the prestigious Hyatt Regency Lost Pines Resort offers world-class amenities and dining options close by. See and Experience firsthand the sleek design and thoughtful details this modern home offers. This is a Fannie Mae HomePath property. Buyers, complete the HomePath Ready Buyer homeownership course on Homepath. Attach certificate to offer up to 3% closing cost assistance. Check HomePath for more details. Restrictions apply.

At $179/sqft, this home is 36% 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

116 MERLIN Ct, Cedar Creek, TX 78612

Property Details

Price $675,000
Status Active Listing
Beds 4
Full Baths 4
Half Baths ,
Living Area 3,781 sqft
Lot Size 0.74 acres (32,277.96 sqft)
Year Built 2023
Garage 3 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Double Eagle Ranch Sec 4
County Bastrop
Zip Code 78612
$/sqft $179/sqft
Days on Market ,
HOA $350/Annually
Annual Tax Est. $9,677.65
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT229569754
List Date May 11, 2026
Elementary School Bluebonnet (Bastrop ISD)
Middle School Cedar Creek
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.

Schedule a Call →

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
192 Raptor Beak Way
Double Eagle Ranch, Sec 2
$675,000 $195 4 bd / 3 ba 3,468 sqft , 2026-04-10
176 Pecos St
Double Eagle Ranch Sec 1
$679,990 $213 5 bd / 4 ba 3,196 sqft , 2026-07-31
137 Wamel Way
The Homestead On Hobbs Creek
$680,000 $214 5 bd / 4 ba 3,174 sqft , 2026-07-31
130 Creekwood Trl
Arbor Hills
$669,900 $181 5 bd / 4 ba 3,700 sqft , 2026-04-09
184 Wild Horse Dr
Silverleaf
$669,142 $184 4 bd / 5 ba 3,628 sqft , 2026-04-09

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
$3,240/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
$135,000
20% conventional investment loan

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

Estimated Gross Rent+$3,240
Principal + Interest−$3,684
Property Tax (~2.1% TX avg)−$1,181
Insurance (~0.5%)−$281
Est. Monthly Cash Flow $-1,906

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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