Active Listing  ·  86 days on market

119 Driftwood Dr

Cedar Park, TX 78613
$695,000
4 Bed 4 Bath 3,562 sqft $195/sqft Built 2013 0.15 acres 3-Car Garage Pool RANCH AT BRUSHY CREEK SEC 7D

INCREDIBLE BUYER INCENTIVES: $12,000 MORTGAGE CONCESSION. Opendoor Home Loans will contribute up to $12,000 towards a permanent interest rate buy-down if you finance with Opendoor Home Loans LLC.

Discover 119 Driftwood Dr, a residence where functional value meets everyday ease, featuring a practical kitchen equipped with a convenient walk-in pantry. This inclusion provides significant storage capacity, enhancing organization for meal preparation. The design prioritizes ease of use and efficient access to staples, supporting daily routines with thoughtful utility. This property blends thoughtful design with practical daily living.. Included 100-Day Home Warranty with buyer activation

At $195/sqft, this home is 13% 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

119 Driftwood Dr, Cedar Park, TX 78613

Property Details

Price $695,000
Status Active Listing
Beds 4
Full Baths 4
Half Baths ,
Living Area 3,562 sqft
Lot Size 0.15 acres (6,734.38 sqft)
Year Built 2013
Garage 3 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision RANCH AT BRUSHY CREEK SEC 7D
County Williamson
Zip Code 78613
$/sqft $195/sqft
Days on Market ,
HOA $50/Monthly
Annual Tax Est. $15,218.69
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT239403434
List Date July 14, 2026
Elementary School Patsy Sommer
Middle School Cedar Valley
High School Round Rock
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 →

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 · July 14, 2026 $850,000
Previous ask $707,000
Current ask $695,000
▼ Reduced $155,000 (-18.2%) 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 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
1905 Brushy Bend Dr
Brushy Bend Park Sec 2
$689,900 $263 3 bd / 4 ba 2,627 sqft , 2026-01-31
3813 Campfire Dr
Ranch At Brushy Creek Sec 04
$710,000 $235 4 bd / 4 ba 3,018 sqft , 2026-08-21
810 Clearwell St
Three Points
$712,000 $231 4 bd / 4 ba 3,080 sqft , 2026-04-22
17030 Conway Springs Ct
Oak Brook Sec 3
$675,000 $238 5 bd / 3 ba 2,840 sqft , 2026-05-13
4038 Wilderness Path Bnd
Ranch At Brushy Creek
$669,999 $234 4 bd / 3 ba 2,865 sqft , 2026-05-24

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
$3,336/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
$139,000
20% conventional investment loan

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

Estimated Gross Rent+$3,336
Principal + Interest−$3,793
Property Tax (~2.1% TX avg)−$1,216
Insurance (~0.5%)−$290
Est. Monthly Cash Flow $-1,963

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

More Luxury Homes in Cedar Park

Loading…
View All Luxury Homes →
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 8, 2026.

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