Active Listing  ·  32 days on market

137 Hay Meadow Rd

Cedar Creek, TX 78612
$360,000
4 Bed 2 Bath 1,251 sqft $288/sqft Built 2004 1.10 acres 2-Car Garage Pool Martins Meadow Sub

Qualified buyers may have access to special financing, including 0% down with no monthly mortgage insurance through the seller’s preferred lender. Credit scores as low as 600 may qualify, with current rates approximately 6.50%–6.75%. Gardener’s paradise meets peaceful country living! Nestled on over an acre, this thoughtfully designed property offers the perfect blend of privacy, functionality, and outdoor enjoyment. The home features a great flowing floor plan that lives larger than its square footage, with beautiful pine wood floors, stainless steel appliances, new paint, an HVAC system in great shape, and comfortable spaces that make everyday living easy. The property offers solid Texas sunsets and no neighbors behind for added peace and privacy. Step outside to your own backyard retreat featuring a huge greenhouse, three raised veggie beds, and a fully irrigated mini orchard with 2 peach trees, 5 pecan trees, 5 mulberry trees, apple, elderberry, persimmon, plum, fig, citrus, jujube, and native ornamentals throughout. Whether you’re an avid gardener, hobby farmer, or simply love outdoor living, this property is ready for you. Cool off and relax in the 8-foot heated cowboy pool, complete with a sand pit/personal beach area, creating a unique backyard oasis unlike anything else in the area. The property also includes sufficient RV hookups, adding even more flexibility and functionality. Conveniently located within 10 minutes of the new SpaceX facility and approximately 30 minutes from Downtown Austin, this home offers an incredible combination of privacy, lifestyle, convenience, and long-term value.

At $288/sqft, this home is priced 3% above the Cedar Creek active market average of $280/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

137 Hay Meadow Rd, Cedar Creek, TX 78612

Property Details

Price $360,000
Status Active Listing
Beds 4
Full Baths 2
Half Baths ,
Living Area 1,251 sqft
Lot Size 1.10 acres (48,133.8 sqft)
Year Built 2004
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Martins Meadow Sub
County Bastrop
Zip Code 78612
$/sqft $288/sqft
Days on Market ,
HOA $110/Annually
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT238268054
List Date July 3, 2026
Elementary School Cedar Creek
Middle School Creekside
High School Cedar Creek
School District ,

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.

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 · July 3, 2026 $369,000
Current ask $360,000
Reduced $9,000 (-2.4%) 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
3209 River Rd
Colorado River Ranchettes Unit
$349,900 $259 3 bd / 2 ba 1,352 sqft , 2026-05-12
242 Red Tail Hawk Ln
Riverbend at Double Eagle
$330,990 $196 4 bd / 2 ba 1,688 sqft , 2026-07-31
130 Gato Rd
Las Alamedas
$320,000 $267 5 bd / 3 ba 1,200 sqft , 2026-02-12
320 Pope Bnd S
Bastrop County West
$415,000 $309 3 bd / 2 ba 1,344 sqft , 2026-03-26
153 Saldana Dr
Thousand Oaks
$415,000 $309 3 bd / 2 ba 1,344 sqft , 2026-07-17

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
$1,728/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
$72,000
20% conventional investment loan

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

Estimated Gross Rent+$1,728
Principal + Interest−$1,965
Property Tax (~2.1% TX avg)−$630
Insurance (~0.5%)−$150
Est. Monthly Cash Flow $-1,017

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

More Luxury Homes in Cedar Creek

Loading…
View All Luxury Homes →