Active Listing  ·  494 days on market

121 Black Talon Ln

Cedar Creek, TX 78612
$750,000
4 Bed 4 Bath 4,219 sqft $178/sqft Built 2021 1.43 acres 3-Car Garage Pool Double Eagle Ranch, Sec 2

Your dream home in Cedar Creek awaits! This stunning like-new 2-story Caledonia home is a haven of luxury and comfort spread over a sprawling 1.43-acre GREEN-BELT lot! Nestled amidst the tranquility of nature, this 4 bedroom, 3.5 bathroom, and 3-CAR garage property is a harmonious blend of sophistication and comfort. The grand entrance with beautifully landscaped grounds, is accented by a long walkway and exterior steps that guide you to the chic front door. As you step inside, you're greeted by an open floor plan that seamlessly blends the living, dining, and kitchen areas. The tile flooring, 10ft high ceilings, and abundant natural light radiate warmth and hospitality. Recessed lighting enhances the luxurious feel, while the living room's cozy fireplace creates a welcoming ambiance. The home boasts two dining areas, perfect for entertaining guests or enjoying family meals. The gourmet kitchen is a chef's dream, equipped with an almost 9ft breakfast bar/center island, sparkling quartz countertops, a stylish backsplash, and top-of-the-line stainless steel appliances including a built-in oven. The walk-in pantry provides ample storage space. The spacious owner's suite is conveniently located on the main floor and boasts a beautiful en-suite bathroom that contains a deep soaking tub, a large walk-in shower, and a roomy walk-in closet. It's accompanied by a half bath and a versatile front room with a charming barn door entrance that can be tailored to your needs. Upstairs, you'll find a large den area with a ceiling fan and more recessed lighting, creating a bright and airy space.

At $178/sqft, this home is 36% below the Cedar Creek active market average of $279/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

121 Black Talon Ln, Cedar Creek, TX 78612

Property Details

Price $750,000
Status Active Listing
Beds 4
Full Baths 3
Half Baths 1
Living Area 4,219 sqft
Lot Size 1.43 acres (62,377.92 sqft)
Year Built 2021
Garage 3 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Double Eagle Ranch, Sec 2
County Bastrop
Zip Code 78612
$/sqft $178/sqft
Days on Market ,
HOA $350/Annually
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT192791896
List Date March 29, 2025
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
158 Double Eagle Ranch Dr
Double Eagle Ranch Sec 1
$748,990 $240 4 bd / 5 ba 3,116 sqft , 2026-05-04
181 Pecos St
Double Eagle Ranch Sec 1
$745,000 $197 4 bd / 4 ba 3,774 sqft , 2026-06-26
510 Thousand Oaks Dr
Thousand Oaks
$740,000 $204 5 bd / 3 ba 3,634 sqft , 2026-04-09
198 Midnight Valley Dr
Silverleaf
$769,900 $245 4 bd / 4 ba 3,139 sqft , 2026-06-25
1206 Walter Hoffman Rd
Cedar View Estates
$715,000 $207 5 bd / 4 ba 3,446 sqft , 2026-06-22

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
$3,600/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
$150,000
20% conventional investment loan

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

Estimated Gross Rent+$3,600
Principal + Interest−$4,093
Property Tax (~2.1% TX avg)−$1,313
Insurance (~0.5%)−$313
Est. Monthly Cash Flow $-2,119

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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