Active Listing  ·  63 days on market

156 Great Northern Dr

Cedar Creek, TX 78612
$389,000
3 Bed 3 Bath 1,886 sqft $206/sqft Built 2025 0.24 acres 3-Car Garage Pool New Construction Railhead

5% lender incentive offered with the use of the seller’s in-house lender, Incentive may be used towards buyer closing costs and or rate buy-down, subject to lender approval and buyer qualification.

The Hudson floorplan – This thoughtfully designed single-story home offers approximately 1,886 square feet of living space with 3 bedrooms, 2 bathrooms, and an open-concept layout that perfectly balances comfort, functionality, and modern design. The gourmet kitchen features quartz countertops, quality cabinetry, stainless steel appliances, a large center island, and a spacious pantry, all overlooking the dining and family room areas to create an inviting space for entertaining and everyday living. The private primary suite is positioned at the rear of the home to maximize privacy and features an attractive en-suite bathroom with dual vanities, a walk-in shower, and a generous walk-in closet. Two additional bedrooms are conveniently located near the secondary bathroom and offer flexible space for family, guests, a home office, or hobby room. Additional highlights include durable flooring throughout the main living and wet areas, carpeting in bedrooms, energy-efficient construction features, double-pane windows, smart home technology, builder warranty coverage, a covered patio, professionally landscaped yard, sprinkler system, and a 2-car garage. The HOME IS CONNECTED smart home package allows convenient control of the thermostat, locks, and lighting directly from your cellular device. Conveniently located in Cedar Creek with easy access to Austin, Bastrop, Austin-Bergstrom International Airport, major employers, shopping, dining, and recreational opportunities, this home offers the perfect combination of modern comfort, energy efficiency, and everyday convenience.

At $206/sqft, this home is 26% 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

156 Great Northern Dr, Cedar Creek, TX 78612

Property Details

Price $389,000
Status Active Listing
Beds 3
Full Baths 3
Half Baths ,
Living Area 1,886 sqft
Lot Size 0.24 acres (10,454.4 sqft)
Year Built 2025
Garage 3 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Railhead
County Bastrop
Zip Code 78612
$/sqft $206/sqft
Days on Market ,
HOA $105/Quarterly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT232329388
List Date June 2, 2026
Elementary School Cedar Creek
Middle School Cedar Creek
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 →

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
156 Coopers Hawk Crst
Riverbend at Double Eagle
$384,990 $188 4 bd / 3 ba 2,044 sqft , 2026-06-10
685 Thousand Oaks Dr
Country Oaks
$380,000 $161 4 bd / 2 ba 2,356 sqft , 2026-07-29
174 Coopers Hawk Crst
Riverbend at Double Eagle
$377,990 $169 4 bd / 3 ba 2,237 sqft , 2026-06-23
160 Coopers Hawk Crst
Riverbend at Double Eagle
$377,990 $169 4 bd / 3 ba 2,237 sqft , 2026-07-20
127 Union Pacific Dr
Railhead
$405,000 $187 4 bd / 3 ba 2,168 sqft , 2026-06-02

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
$1,867/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
$77,800
20% conventional investment loan

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

Estimated Gross Rent+$1,867
Principal + Interest−$2,123
Property Tax (~2.1% TX avg)−$681
Insurance (~0.5%)−$162
Est. Monthly Cash Flow $-1,099

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

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