About This Home

Brand new, energy-efficient home available by Aug 2026! A private study in this one-story home makes the perfect office or playroom. Slate cabinets with marble-look white quartz countertops, cool brown laminate flooring, and multi-tone taupe carpet in our Finesse package. The “Boulevard Collection” in Riverbend at Double Eagle features seven single and two-story floorplans. This beautiful master-planned community backs up to the Colorado river and provides residents with scenic country living of Cedar Creek, while enjoying easy access to Downtown Austin due to close proximity to Hwy 71. On-site amenities include a pool, playscape, trails, and pickleball court. Each of our homes is built with innovative, energy-efficient features designed to help you enjoy more savings, better health, real comfort and peace of mind.

At $181/sqft, this home is 35% 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

135 Coopers Hawk Crst, Cedar Creek, TX 78612

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Property Details

Price $329,990

Status Active Listing

Beds 3

Full Baths 2

Half Baths ,

Living Area 1,825 sqft

Lot Size 0.16 acres (6,838.92 sqft)

Year Built 2026

Garage 2 spaces

Stories ,

Type Residential · Single Family Residence

Subdivision Riverbend at Double Eagle

County Bastrop

Zip Code 78612

$/sqft $181/sqft

Days on Market ,

HOA $80/Monthly

Annual Tax Est. ,

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT232781033

List Date June 10, 2026

Elementary School Bluebonnet (Bastrop ISD)

Middle School Cedar Creek

High School Cedar Creek

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.

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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 10, 2026 $350,990

Current ask $329,990

▼ Reduced $21,000 (-6.0%) 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 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

242 Red Tail Hawk Ln
Riverbend at Double Eagle $330,990 $196 4 bd / 2 ba 1,688 sqft , 2026-07-31

163 Northside Ln
Navarro, Jose A $325,000 $184 3 bd / 2 ba 1,768 sqft , 2026-05-21

231 Red Tail Hawk Ln
Riverbend at Double Eagle $334,990 $166 4 bd / 3 ba 2,012 sqft , 2026-05-26

145 Ayres Horn None
Riverbend at Double Eagle $339,900 $170 4 bd / 3 ba 2,005 sqft , 2025-09-04

247 Red Tail Hawk Ln
Riverbend at Double Eagle $339,900 $174 4 bd / 3 ba 1,956 sqft , 2025-09-04

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

$1,584/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

$65,998

20% conventional investment loan

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

Estimated Gross Rent+$1,584

Principal + Interest−$1,801

Property Tax (~2.1% TX avg)−$577

Insurance (~0.5%)−$137

Est. Monthly Cash Flow $-931

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

135 Coopers Hawk Crst