Active Listing  ·  158 days on market

117 High Point Blvd

Cedar Creek, TX 78612
$274,900
3 Bed 3 Bath 1,816 sqft $151/sqft Built 2002 0.15 acres 2-Car Garage Pool Elm Ridge

Price reduced with 5k Buyer CC assistance! Awesome Remodel with Spacious Floorplan and tons of Updates! New Roof and New AC system January 2026!! Light and Bright with Fresh Paint, New Vinyl Plank Flooring, Updated Plumbing/Lighting Fixtures in Matte Black finish, Freshly Painted Cabinets, New stone Fireplace Surround, and Matte Black Hardware updates throughout! Kitchen features breakfast bar open to living area, updated appliances, and custom pantry with designer finishes. Upstairs features a 2nd living area and large bedrooms with new carpet. Private backyard fully fenced features a nice covered patio for outdoor entertaining . Great location close to 130 and 71 for easy commute in all directions! Must See!

At $151/sqft, this home is 46% 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

117 High Point Blvd, Cedar Creek, TX 78612

Property Details

Price $274,900
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 1,816 sqft
Lot Size 0.15 acres (6,403.32 sqft)
Year Built 2002
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Elm Ridge
County Bastrop
Zip Code 78612
$/sqft $151/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $4,563.72
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT220763097
List Date February 27, 2026
Elementary School Cedar Creek
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
106 Shadow Wood Trl
Elm Ridge
$279,900 $231 3 bd / 2 ba 1,212 sqft , 2026-06-01
218 Texas Oak Dr
High View Ranch Ph 3a
$289,000 $155 4 bd / 2 ba 1,860 sqft , 2026-05-12
128 Ciervo St
Las Alamedas
$255,000 $173 4 bd / 2 ba 1,475 sqft , 2026-05-22
108 Songbird Ct
Elm Ridge
$255,000 $185 3 bd / 2 ba 1,376 sqft , 2026-08-03
135 Side Saddle Dr
High View Ranch, Ph 3a
$299,000 $219 3 bd / 2 ba 1,368 sqft , 2026-06-12

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
$1,320/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
$54,980
20% conventional investment loan

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

Estimated Gross Rent+$1,320
Principal + Interest−$1,500
Property Tax (~2.1% TX avg)−$481
Insurance (~0.5%)−$115
Est. Monthly Cash Flow $-776

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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