Active Listing  ·  27 days on market

1300 Old Cedar Ln

Austin, TX 78758
$665,000
4 Bed 2 Bath 1,919 sqft $347/sqft Built 1974 0.34 acres 2-Car Garage Pool River Oak Lake Estates Sec 06

1300 Old Cedar Ln is a rare find in North Austin, blending single-story livability with a setting that feels miles from the city. This 1,919-square-foot heavily update home offers 4 bedrooms, 2 bathrooms, a 2-car garage, and sits on a generous .34-acre lot shaded by mature trees.

Inside, vaulted ceilings, exposed wood beams, and a fireplace give the living room instant warmth and character. Natural light carries throughout the open layout, where the updated kitchen (stainless appliances, generous cabinet space) flows easily into the living and dining areas,. All four bedrooms sit on the main level, including a roomy primary suite with dual closets.

The backyard is where this property really shines. Tucked behind a screen of mature trees, it delivers greenbelt views and a genuine sense of privacy, rare for this close to the city. A large wood deck sets the stage for outdoor dinners and get-togethers, while the rest of the yard leaves plenty of room for gardening, play, or whatever outdoor space you've been dreaming of.

Location seals the deal: Walnut Creek Metropolitan Park is literally across the street. With nearly 300 acres of parkland, 15+ miles of trails, a pool, playground, sports courts, and creekside scenery. The Domain, Q2 Stadium, and endless shopping and dining options are all close by, with quick access to I-35 and MoPac keeping the rest of Austin within easy reach.

Single-story ease, a backyard that feels like a private retreat, and a location near the best of North Austin's outdoor and entertainment scene, 1300 Old Cedar Ln checks boxes that are tough to find all in one place.

At $347/sqft, this home is 11% 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 $665,000
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 $347/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $11,626.16
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT246314209
List Date September 11, 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.

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 · September 11, 2026 $675,000
Current ask $665,000
▼ Reduced $10,000 (-1.5%) 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 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
1506 Corsac Way
Foxfield
$651,999 $324 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
1516 Garnaas Dr
Gracywoods
$650,000 $313 3 bd / 3 ba 2,080 sqft , 2026-07-24
12312 Blue Water Dr
River Oak Lake Estates Sec 05
$684,900 $352 3 bd / 2 ba 1,945 sqft , 2026-09-11
1505 Corsac Way
Foxfield
$644,990 $288 4 bd / 3 ba 2,242 sqft , 2026-02-27

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
$3,192/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
$133,000
20% conventional investment loan

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

Estimated Gross Rent+$3,192
Principal + Interest−$3,629
Property Tax (~2.1% TX avg)−$1,164
Insurance (~0.5%)−$277
Est. Monthly Cash Flow $-1,878

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 October 4, 2026.

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