Active Listing  ·  77 days on market

1304 Meadow Lark Dr

Cedar Park, TX 78613
$575,000
4 Bed 3 Bath 2,684 sqft $214/sqft Built 1991 0.17 acres 2-Car Garage Pool Cypress Mill

Cypress Mill captures the quintessential Cedar Park lifestyle with its tree-lined streets and welcoming front porches, making this 4-bedroom, 2.5-bath, two-story home a standout for anyone looking for neighborhood parks and top-rated Leander ISD schools. The property immediately welcomes you with a classic layout where main-floor living takes center stage and secondary entertainment space stays upstairs. The entryway leads into a beautiful main living room wrapped in large windows that frame views of the shaded yard, while a central fireplace gives the space a warm, inviting feel. The kitchen features updated shaker-style cabinets, granite counters, stainless steel appliances, and a casual breakfast space for quick morning meals. For holiday gatherings or dinner parties, a formal dining room sits just a few steps away. Tile flooring runs throughout these main-level common spaces for easy upkeep. Positioned as the only bedroom on the main floor, the spacious primary suite offers a quiet retreat, complete with a built-in window seat and an ensuite bath featuring a dual vanity, a soaking tub, a separate shower, and a generous walk-in closet. Upstairs, the layout transitions to wood flooring in a huge game room that serves as a central hangout space. The 3 guest bedrooms are on this level, each featuring carpet and easy access to the full bath. Tucked away on this floor is a secret bonus room, a unique feature that easily transforms into a quiet home office, a playroom, or a hidden storage zone. Back downstairs, a large laundry room sits conveniently right off the kitchen, keeping chores out of sight. Outside, the covered back patio features ceiling fans to keep things cool, overlooking a huge tree, grassy yard and storage shed. This pocket of Cypress Mill balances a quiet residential feel with easy access to Highway 183, TX-45, and Ranch Road 620. This puts Lakeline Mall, local dining spots, and the rest of Cedar Park just a short drive away.

At $214/sqft, this home is 7% below the Cedar Park active market average of $229/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

1304 Meadow Lark Dr, Cedar Park, TX 78613

Property Details

Price $575,000
Status Active Listing
Beds 4
Full Baths 2
Half Baths 1
Living Area 2,684 sqft
Lot Size 0.17 acres (7,492.32 sqft)
Year Built 1991
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Cypress Mill
County Williamson
Zip Code 78613
$/sqft $214/sqft
Days on Market ,
HOA $120/Quarterly
Annual Tax Est. $9,781.46
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT231576168
List Date May 29, 2026
Elementary School Pauline Naumann
Middle School Cedar Park
High School Cedar Park
School District ,

Luke Allen (TREC #788149) has deep knowledge of Cedar Park 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 Cedar Park

Comparable Listings Right Now

Homes currently for sale in Cedar Park 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
11307 Powder Mill Trl
Village 06 At Anderson Mill
$579,000 $274 3 bd / 2 ba 2,114 sqft , 2026-08-06
11601 Quarter Horse Trl
Village 18 At Anderson Mill Ph 02
$585,000 $277 4 bd / 3 ba 2,109 sqft , 2026-01-11
2302 Kristen Ln
Lakeline Oaks Sec 3
$559,000 $184 5 bd / 3 ba 3,036 sqft , 2026-07-02
905 Brighton Bend Ln
Lakeline Oaks Sec 3
$599,999 $193 4 bd / 3 ba 3,108 sqft , 2026-05-01
11704 Tanglebriar Trl
Village 20 At Anderson Mill Ph 02
$599,999 $294 3 bd / 2 ba 2,044 sqft , 2026-08-14

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
$2,760/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
$115,000
20% conventional investment loan

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

Estimated Gross Rent+$2,760
Principal + Interest−$3,138
Property Tax (~2.1% TX avg)−$1,006
Insurance (~0.5%)−$240
Est. Monthly Cash Flow $-1,624

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 Park, TX

Cedar Park sits within commuting range of Austin's major tech, manufacturing, and corporate campuses. Approximate drive times from this area:

Apple Campus (Domain) 20 min SE
Dell Technologies HQ 15 min E
Samsung Austin Semiconductor 25 min SE
Tesla Gigafactory 40 min SE

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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 14, 2026.

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