Active Listing  ·  2 days on market

1300 Old Cedar Ln

Austin, TX 78758
$659,000
4 Bed 2 Bath 1,919 sqft $343/sqft Built 1974 0.34 acres 2-Car Garage Pool River Oak Lake Estates Sec 06

Welcome to 1300 Old Cedar Ln, where space, character, and an incredible North Austin location come together! This charming single story home offers 4 bedrooms, 2 bathrooms, 1,919 square feet, a 2 car garage, and an oversized .34 acre lot surrounded by mature trees.

Step inside to a bright and inviting interior filled with character and natural light. The living room features soaring vaulted ceilings, beautiful exposed beams, and a cozy fireplace. The updated kitchen opens into the surrounding living and dining spaces and features stainless steel appliances, abundant cabinetry, and plenty of room to cook and gather. All four bedrooms are conveniently located on the main level, including a spacious primary suite with two closets.

Step outside to a backyard that truly sets this home apart. Surrounded by mature trees, the expansive backyard offers peaceful greenbelt views and a private, tucked away feel. The large wooden deck is perfect for outdoor dining and entertaining, with plenty of room to garden, play, or create your own outdoor retreat.

The location is another standout! Enjoy convenient access to Walnut Creek Metropolitan Park, offering nearly 300 acres of green space, more than 15 miles of hiking and biking trails, a playground, swimming pool, picnic areas, sports facilities, and scenic creekside surroundings. You’re also conveniently located near The Domain, Q2 Stadium, shopping, dining, and entertainment, with easy access to I-35 and MoPac.

With a spacious single story layout, an incredible backyard, mature trees, greenbelt views, and easy access to some of North Austin’s best outdoor recreation and entertainment, 1300 Old Cedar Ln offers a combination that’s hard to find!

At $343/sqft, this home is 12% below the Austin active market average of $392/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

1300 Old Cedar Ln, Austin, TX 78758

Property Details

Price $659,000
Status Active Listing
Beds 4
Full Baths 2
Half Baths ,
Living Area 1,919 sqft
Lot Size 0.34 acres (14,880.1 sqft)
Year Built 1974
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision River Oak Lake Estates Sec 06
County Travis
Zip Code 78758
$/sqft $343/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $11,626.16
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT241765301
List Date August 20, 2026
Elementary School River Oaks
Middle School Westview
High School John B Connally
School District ,

Luke Allen (TREC #788149) has deep knowledge of Austin and surrounding markets. Whether you're buying, selling, or just researching comparable sales, reach out for a no-pressure conversation.

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Similar Homes on the Market in Austin

Comparable Listings Right Now

Homes currently for sale in Austin 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
1505 Corsac Way
Foxfield
$669,990 $299 4 bd / 3 ba 2,242 sqft , 2026-02-27
1516 Garnaas Dr
Gracywoods
$675,000 $325 3 bd / 3 ba 2,080 sqft , 2026-07-24
1506 Corsac Way
Foxfield
$676,999 $336 4 bd / 3 ba 2,015 sqft , 2026-08-13
1504 Corsac Way
Foxfield
$679,999 $360 3 bd / 3 ba 1,888 sqft , 2026-03-05
1404 Lance Way
Gracywoods Sec 04
$599,999 $263 3 bd / 3 ba 2,279 sqft , 2025-12-04

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
$3,163/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
$131,800
20% conventional investment loan

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

Estimated Gross Rent+$3,163
Principal + Interest−$3,596
Property Tax (~2.1% TX avg)−$1,153
Insurance (~0.5%)−$275
Est. Monthly Cash Flow $-1,861

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 Austin, TX

Austin 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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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 August 21, 2026.

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