About This Home

Welcome to this charming new home in Cedar Creek, situated on a spacious HALF-ACRE lot and no HOA! This thoughtfully designed residence features 2 bedrooms and 2 full bathrooms. Its efficient layout provides comfortable living with modern finishes and easy-to-maintain spaces. Enjoy the benefits of a brand-new home with plenty of outdoor space. Schedule your showing today!

At $255/sqft, this home is 9% 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

140 Lobo Ln, Cedar Creek, TX 78612

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Property Details

Price $240,000

Status Active Listing

Beds 2

Full Baths 2

Half Baths ,

Living Area 940 sqft

Lot Size 0.50 acres (21,867.12 sqft)

Year Built 2023

Garage ,

Stories ,

Type Residential · Single Family Residence

Subdivision Las Alamedas

County Bastrop

Zip Code 78612

$/sqft $255/sqft

Days on Market ,

HOA None / verify with agent

Annual Tax Est. $4,483.14

Pool Yes

Waterfront ,

New Construction Yes

MLS # ACT241392085

List Date July 29, 2026

Elementary School Bluebonnet (Bastrop ISD)

Middle School Bastrop

High School Bastrop

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.

Schedule a Call →

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

116 Hart Ln
Artesian Oaks $250,000 $208 1 bd / 2 ba 1,200 sqft , 2026-05-01

230 Gato Rd
Las Alamedas $222,900 $236 2 bd / 2 ba 946 sqft , 2026-01-12

106 Shadow Wood Trl
Elm Ridge $279,900 $231 3 bd / 2 ba 1,212 sqft , 2026-06-01

103 Crystal Cliffs Dr
Santa Fe Estates Subdivision $185,000 $198 2 bd / 1 ba 936 sqft , 2026-05-20

140 Alum Park Place Dr
Alum Creek Estate $300,000 $253 3 bd / 2 ba 1,188 sqft , 2026-01-17

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

$1,152/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

$48,000

20% conventional investment loan

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

Estimated Gross Rent+$1,152

Principal + Interest−$1,310

Property Tax (~2.1% TX avg)−$420

Insurance (~0.5%)−$100

Est. Monthly Cash Flow $-678

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

140 Lobo Ln

Location

Property Details

Comparable Listings Right Now

Rental Income Potential

Major Employers Near Cedar Creek, TX

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