Active Listing  ·  92 days on market

1414 Shenandoah Dr

Cedar Park, TX 78613
$494,000
3 Bed 2 Bath 1,315 sqft $376/sqft Built 1980 0.55 acres 2-Car Garage Pool Shenandoah Sec 02

Located on a rare and expansive .55-acre lot in the heart of booming Cedar Park, this charming single-story home offers endless possibilities with no HOA and minimal restrictions in the ETJ of Williamson County. * Featuring 3 bedrooms plus a dedicated study/flex room and 2 full bathrooms, the home blends comfort, functionality, and future potential in one of the area’s fastest-growing neighborhoods. * Step outside to enjoy your own private backyard retreat complete with a pool, covered patio, mature oak trees, RV pad with hookups, and an oversized flat lot ideal for expanding the existing home or building a brand-new custom residence. The neighborhood is undergoing explosive growth with numerous high-end remodels and new construction homes throughout the area.

* Inside, you’ll find desirable features including no carpet, wood-burning fireplace in the spacious living room, ceiling fans in all bedrooms, a recently replaced roof, and an insulated garage perfect for a workshop, man cave, gym, or additional living space. The washer, dryer, and kitchen refrigerator all convey for added convenience. *Located within highly acclaimed Leander ISD and allowing short-term rentals, this property offers exceptional flexibility for homeowners, investors, or builders alike. Conveniently situated near major arterial roads, shopping, dining, schools, and everyday amenities, this is a rare opportunity to own a large lot with minimal restrictions in one of Central Texas’ most sought-after growth corridors.

At $376/sqft, this home is priced 64% above the Cedar Park active market average of $229/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

1414 Shenandoah Dr, Cedar Park, TX 78613

Property Details

Price $494,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,315 sqft
Lot Size 0.55 acres (24,088.68 sqft)
Year Built 1980
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Shenandoah Sec 02
County Williamson
Zip Code 78613
$/sqft $376/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $7,287.52
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT229975269
List Date May 14, 2026
Elementary School Pauline Naumann
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 · May 14, 2026 $525,000
Previous ask $495,000
Current ask $494,000
Reduced $31,000 (-5.9%) 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 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
1509 Shenandoah Dr
Shenandoah
$449,000 $340 3 bd / 2 ba 1,321 sqft , 2026-04-30
2209 N Celia Dr
Riviera Spgs
$444,000 $329 3 bd / 2 ba 1,351 sqft , 2026-07-10
12103 Mill Holw
Anderson Mill Village 12
$390,000 $315 2 bd / 2 ba 1,240 sqft , 2026-04-17
1317 Mimosa Pass
Anderson Mill West Sec 01
$389,000 $244 3 bd / 2 ba 1,593 sqft , 2026-06-19
3115 Blazing Star Trl
Anderson Mill West Sec 03
$389,000 $250 3 bd / 2 ba 1,554 sqft , 2026-07-10

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
$2,371/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
$98,800
20% conventional investment loan

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

Estimated Gross Rent+$2,371
Principal + Interest−$2,696
Property Tax (~2.1% TX avg)−$865
Insurance (~0.5%)−$206
Est. Monthly Cash Flow $-1,396

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 August 2, 2026.

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