Active Listing  ·  80 days on market

1503 Terrace View Dr

Cedar Park, TX 78613
$599,000
4 Bed 3 Bath 2,866 sqft $209/sqft Built 2014 0.18 acres 3-Car Garage Pool Whitestone Oaks At Anderson

Beautifully maintained single-story home in Whitestone Oaks at Anderson Mill in Cedar Park, offering 4 bedrooms plus a dedicated study, 3 full baths, and a bright open-concept floor plan designed for comfort and functionality. The spacious kitchen features gorgeous granite countertops, a large center island, and plenty of room for cooking, gathering, and entertaining. Adjacent to the kitchen is a convenient butler’s pantry and bar area, providing additional storage, serving space, and functionality. A generous dining area with French doors offers flexible use as a second living space, playroom, or formal dining room.

The home includes stylish tile flooring throughout the main living areas, with carpet reserved for the extra bedrooms and office. The private primary suite is a relaxing retreat featuring granite countertops and a spa-like bath with a large garden tub, separate shower, and ample space to unwind. Updated fixtures and Energy Star features add value throughout the home. A large laundry room offers abundant storage and workspace. Additional highlights include surround sound wiring to the patio and garage, and a three-car garage with the third bay designed as tandem space. Roof replaced in 2025!

This home qualifies for a limited-time lender-paid 2-1 buydown—reduced monthly payments for the first 2 years at no cost to the buyer or seller. Ask listing agent for details!

At $209/sqft, this home is 9% 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

1503 Terrace View Dr, Cedar Park, TX 78613

Property Details

Price $599,000
Status Active Listing
Beds 4
Full Baths 3
Half Baths ,
Living Area 2,866 sqft
Lot Size 0.18 acres (7,723.19 sqft)
Year Built 2014
Garage 3 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Whitestone Oaks At Anderson
County Williamson
Zip Code 78613
$/sqft $209/sqft
Days on Market ,
HOA $264/Semi-Annually
Annual Tax Est. $11,617.98
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT230813894
List Date May 28, 2026
Elementary School CC Mason
Middle School Running Brushy
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 28, 2026 $625,000
Previous ask $615,000
Current ask $599,000
Reduced $26,000 (-4.2%) 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
2813 Granite Hill Cv
Bluffs/Crystal Falls Sec I Ph
$569,000 $192 5 bd / 4 ba 2,963 sqft , 2025-10-31
3025 Silvergrass Cv
Bluffs/Crystal Falls Ph 3H Sec
$639,900 $232 4 bd / 3 ba 2,754 sqft , 2026-05-28
1300 Terrace Vw
Whitestone Oaks
$650,000 $181 4 bd / 3 ba 3,592 sqft , 2026-01-31
2400 Nan Ln
Gann Ranch Sec 03
$525,000 $165 4 bd / 4 ba 3,181 sqft , 2026-06-19
2514 Preserve Trl
Preserve/Gann Ranch
$524,990 $214 4 bd / 3 ba 2,450 sqft , 2026-06-10

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
$2,875/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
$119,800
20% conventional investment loan

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

Estimated Gross Rent+$2,875
Principal + Interest−$3,269
Property Tax (~2.1% TX avg)−$1,048
Insurance (~0.5%)−$250
Est. Monthly Cash Flow $-1,692

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 13, 2026.

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