Active Listing  ·  43 days on market

1206 Walter Hoffman Rd

Cedar Creek, TX 78612
$715,000
5 Bed 4 Bath 3,446 sqft $207/sqft Built 2016 2.81 acres Pool Cedar View Estates

Discover exceptional versatility and endless potential with this hacienda-style estate set on 2.8 level acres. Designed for both comfortable living and functional flexibility, the home offers 5 bedrooms or 4 bedrooms plus a customizable bonus room perfect for a media room, office, fitness studio, or game room. The impressive 50’ x 60’ metal building located near the back of the property offers exceptional flexibility for entrepreneurs, hobbyists, or collectors, with ample space to store equipment, vehicles, RVs, boats, or a home based business. This property has minimal restrictions and existing RV hookups for water, septic, and electric which make this a rare opportunity to create a true live/work lifestyle with income producing potential. *Seller will consider owner financing options.*

At $207/sqft, this home is 26% 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

1206 Walter Hoffman Rd, Cedar Creek, TX 78612

Property Details

Price $715,000
Status Active Listing
Beds 5
Full Baths 3
Half Baths 1
Living Area 3,446 sqft
Lot Size 2.81 acres (122,185.8 sqft)
Year Built 2016
Garage ,
Stories ,
Type Residential · Single Family Residence
Subdivision Cedar View Estates
County Bastrop
Zip Code 78612
$/sqft $207/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT236962358
List Date June 22, 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
113 Booted Eagle Claw Cv
Double Eagle Ranch
$699,990 $224 4 bd / 3 ba 3,131 sqft , 2026-04-29
169 Old 71 None
The Forest At Colorado Crossing
$698,850 $199 4 bd / 3 ba 3,508 sqft , 2026-05-11
298 Jenkins. Rd
The Settlement
$690,000 $283 4 bd / 3 ba 2,442 sqft , 2025-12-12
146 Soaring Wing Bnd
Double Eagle Ranch
$690,000 $218 4 bd / 4 ba 3,168 sqft , 2026-06-18
510 Thousand Oaks Dr
Thousand Oaks
$740,000 $204 5 bd / 3 ba 3,634 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
$3,432/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
$143,000
20% conventional investment loan

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

Estimated Gross Rent+$3,432
Principal + Interest−$3,902
Property Tax (~2.1% TX avg)−$1,251
Insurance (~0.5%)−$298
Est. Monthly Cash Flow $-2,019

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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