About This Home

Investment opportunity on approx. 0.5 acres in Cedar Creek! Property features a mobile home plus a small house, offering excellent house-hacking potential—live in one and rent the other. Ideal for investors or owner-occupants seeking multi-unit income, flexibility, and room to grow. Great opportunity to generate rental income in a peaceful, rural setting.

Two homes on the property

small 2 bedroom one bathroom and a 3 bedroom two bathroom mobile home

Owner Financing Available

At $267/sqft, this home is 5% 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

130 Gato Rd, Cedar Creek, TX 78612

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Property Details

Price $320,000

Status Active Listing

Beds 5

Full Baths 3

Half Baths ,

Living Area 1,200 sqft

Lot Size 0.50 acres (21,780 sqft)

Year Built 2023

Garage ,

Stories ,

Type Residential · Single Family Residence

Subdivision Las Alamedas

County Bastrop

Zip Code 78612

$/sqft $267/sqft

Days on Market ,

HOA None / verify with agent

Annual Tax Est. $3,331.94

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT218667703

List Date February 12, 2026

Elementary School Bluebonnet (Bastrop ISD)

Middle School Bastrop

High School Bastrop

School District ,

Have Questions About This Property?

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

137 Hay Meadow Rd
Martins Meadow Sub $360,000 $288 4 bd / 2 ba 1,251 sqft , 2026-07-03

128 Ciervo St
Las Alamedas $255,000 $173 4 bd / 2 ba 1,475 sqft , 2026-05-22

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

$1,536/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

$64,000

20% conventional investment loan

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

Estimated Gross Rent+$1,536

Principal + Interest−$1,746

Property Tax (~2.1% TX avg)−$560

Insurance (~0.5%)−$133

Est. Monthly Cash Flow $-903

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

130 Gato Rd

Location

Property Details

Comparable Listings Right Now

Rental Income Potential

Major Employers Near Cedar Creek, TX

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