About This Home

Nestled on approximately 0.69 acres in Cedar Creek, this 3-bedroom, 2-bath home offers space, privacy, and flexibility with no HOA. The property features an open backyard, covered rear porch, and ample outdoor space for entertaining, gardening, pets, or future improvements. Enjoy country-style living while remaining conveniently located near Bastrop, Austin, shopping, dining, and major commuter routes. A great opportunity for buyers seeking room to spread out without sacrificing accessibility.

At $136/sqft, this home is 51% 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

136 Alameda Dr, Cedar Creek, TX 78612

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Property Details

Price $210,000

Status Active Listing

Beds 3

Full Baths 2

Half Baths ,

Living Area 1,540 sqft

Lot Size 0.70 acres (30,361.32 sqft)

Year Built 1988

Garage ,

Stories ,

Type Residential · Mobile Home

Subdivision Santa Fe Estates

County Bastrop

Zip Code 78612

$/sqft $136/sqft

Days on Market ,

HOA None / verify with agent

Annual Tax Est. $2,826.42

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT232416273

List Date June 2, 2026

Elementary School Cedar Creek

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 2, 2026 $276,000

Previous ask $225,000

Current ask $210,000

▼ Reduced $66,000 (-23.9%) 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

115 Antler Cv
High View Ranch Subdivision, P $200,000 $119 4 bd / 2 ba 1,680 sqft , 2026-04-29

119 High Point Blvd
Elm Ridge $223,900 $169 3 bd / 3 ba 1,326 sqft , 2026-06-03

128 Ciervo St
Las Alamedas $255,000 $173 4 bd / 2 ba 1,475 sqft , 2026-05-22

108 Songbird Ct
Elm Ridge $255,000 $185 3 bd / 2 ba 1,376 sqft , 2026-08-03

117 High Point Blvd
Elm Ridge $274,900 $151 3 bd / 3 ba 1,816 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

$1,008/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

$42,000

20% conventional investment loan

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

Estimated Gross Rent+$1,008

Principal + Interest−$1,146

Property Tax (~2.1% TX avg)−$368

Insurance (~0.5%)−$88

Est. Monthly Cash Flow $-594

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

136 Alameda Dr