Active Listing  ·  48 days on market

1401 Deer Ledge Trl

Cedar Park, TX 78613
$565,000
4 Bed 4 Bath 3,086 sqft $183/sqft Built 1991 0.33 acres 2-Car Garage Pool Buttercup Creek Sec 03 Village 01

Summertime and the livin’ is easy. The Backyard You've Been Dreaming About. The Updates You'll Appreciate.

Welcome home to this beautifully updated David Weekley gem tucked away on a quiet cul-de-sac in the heart of Buttercup Creek. Sitting on an oversized .334-acre lot, there's plenty of room to build the pool, host backyard BBQs, kick a soccer ball, or simply enjoy having room to breathe.

Inside, you'll find 4 generous bedrooms, 3.5 baths, fresh updates including quartz countertops, beautifully refreshed bathrooms, a new primary vanity, and a stainless appliance package with a one-year-old Whirlpool refrigerator.

The best part? The big-ticket items are already done. New roof (2024), HVAC (2019), and windows (2016) mean you can spend your weekends enjoying your new home instead of replacing expensive systems. A whole-house vacuum, storage shed, and oversized two-car garage make everyday living even easier.

Buttercup Creek has been one of Cedar Park's favorite neighborhoods for years—and it's easy to see why. Tree-lined streets, parks, pools, playgrounds, walking trails, and top-rated Leander ISD schools create a true neighborhood feel, while shopping, dining, the Bell District, Lakeline Mall, H-E-B, and major employers are all just minutes away. This isn't just a house—it's the kind of place you'll love coming home to.

*Ask about possible 2.25% loan assumption!

At $183/sqft, this home is 20% 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

1401 Deer Ledge Trl, Cedar Park, TX 78613

Property Details

Price $565,000
Status Active Listing
Beds 4
Full Baths 3
Half Baths 1
Living Area 3,086 sqft
Lot Size 0.33 acres (14,549.04 sqft)
Year Built 1991
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Buttercup Creek Sec 03 Village 01
County Williamson
Zip Code 78613
$/sqft $183/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $10,943
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT237653516
List Date June 27, 2026
Elementary School Ada Mae Faubion
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.

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 · June 27, 2026 $575,000
Current ask $565,000
Reduced $10,000 (-1.7%) 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
1600 Colton Way
Buttercup Creek Ph 04 Sec 06
$575,000 $203 4 bd / 3 ba 2,833 sqft , 2026-06-26
104 Whitechapel Ct
Oakmont Forest Sec 01
$575,000 $184 4 bd / 3 ba 3,126 sqft , 2026-07-23
595 Old Mill Rd #206
Park Place At Old Mill Rd
$550,000 $247 4 bd / 4 ba 2,228 sqft , 2026-07-16
1300 Chalk Ln
Ranch At Cypress Creek Sec 06
$549,999 $156 5 bd / 4 ba 3,535 sqft , 2026-06-08
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
$2,712/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
$113,000
20% conventional investment loan

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

Estimated Gross Rent+$2,712
Principal + Interest−$3,083
Property Tax (~2.1% TX avg)−$989
Insurance (~0.5%)−$235
Est. Monthly Cash Flow $-1,595

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 July 31, 2026.

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