Active Listing  ·  72 days on market

1306 Shady Grove Path

Cedar Park, TX 78613
$524,900
4 Bed 3 Bath 2,427 sqft $216/sqft Built 1991 0.16 acres 2-Car Garage Pool Buttercup Creek Sec 03 Village 02

TOP SCHOOLS ALERT! Newly zoned to Westside Elementary with a 9/10 rating, Cedar Park Middle (9/10) and Cedar Park High School (8/10). Nestled in one of Cedar Park's most beloved neighborhoods with updates including a new roof in 2025, new exterior paint + tankless water heater. Mature oak trees frame a manicured front yard, w/charming brick-paved sitting area. Rich flooring welcomes you into cool designer paint with open sightlines stretching all the way to the beautifully updated kitchen. With over 2,400 square feet, there's room for everyone to live, grow, & gather. The showstopper kitchen features crisp gray shaker cabinets, quartz countertops, subway tile backsplash, stainless steel appliances, a gas range with a dramatic hood & large island with multiple seating. The adjacent den anchors around a classic brick fireplace & flows seamlessly through new sliding glass doors to the backyard. The primary suite is a true retreat with spa-inspired ensuite has been completely renovated with stunning tile, frameless glass walk-in shower, soaking tub & double quartz vanity - adjacent to a large custom walk-in closet with built-in shelving/drawers. Each bedroom is oversized with abundant natural light. But wait until you see the backyard - a spacious deck under a sleek pergola, a gorgeous flagstone patio with a built-in stone fire pit & seating area, & lawn with shaded by mature live oaks plus a large storage shed, all fully fenced for privacy. The patio is also ready for a full outdoor kitchen, with gas line, electrical outlets & plumbing for a sink already in place. The garage is a bonus unto itself - insulated, mini-split climate-controlled, with a utility sink & a barn door entry to a dedicated network system closet. Use it as a workshop, a gym, a studio, or whatever your heart desires. Located in top rated Leander ISD, minutes from schools, parks, shopping, dining & easy access to Austin - this home truly has it all with nearly $200K in improvements & updates.

At $216/sqft, this home is 6% 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

1306 Shady Grove Path, Cedar Park, TX 78613

Property Details

Price $524,900
Status Active Listing
Beds 4
Full Baths 2
Half Baths 1
Living Area 2,427 sqft
Lot Size 0.16 acres (7,152.55 sqft)
Year Built 1991
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Buttercup Creek Sec 03 Village 02
County Williamson
Zip Code 78613
$/sqft $216/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $6,734.37
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT232573857
List Date June 3, 2026
Elementary School Westside
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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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 · June 3, 2026 $550,000
Previous ask $538,000
Current ask $524,900
Reduced $25,100 (-4.6%) 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 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
1309 Rambling Cv
Buttercup Creek Sec 03 Village 02
$519,000 $241 4 bd / 3 ba 2,150 sqft , 2026-07-17
807 Russet Valley Dr
Buttercup Creek Sec 02 Village 01
$538,900 $240 4 bd / 3 ba 2,250 sqft , 2026-07-24
105 Bluejack Pl
Park Oaks Ph 1 Rsb
$539,900 $249 3 bd / 3 ba 2,172 sqft , 2026-06-24
1503 Warren Cv
Buttercup Creek Ph 04 Sec 03
$542,000 $235 4 bd / 3 ba 2,311 sqft , 2026-05-26
1801 Shooting Star Cv
Ranch At Cypress Creek
$549,000 $222 4 bd / 3 ba 2,468 sqft , 2026-08-13

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
$2,520/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
$104,980
20% conventional investment loan

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

Estimated Gross Rent+$2,520
Principal + Interest−$2,865
Property Tax (~2.1% TX avg)−$919
Insurance (~0.5%)−$219
Est. Monthly Cash Flow $-1,483

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 13, 2026.

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