Active Listing  ·  93 days on market

158 Double Eagle Ranch Dr

Cedar Creek, TX 78612
$748,990
4 Bed 5 Bath 3,116 sqft $240/sqft Built 2021 1.24 acres 3-Car Garage Pool Double Eagle Ranch Sec 1

Welcome to 158 Double Eagle Ranch Dr in Cedar Creek, where spacious living, privacy, and Texas charm come together. This beautiful single-story home features 4 bedrooms, 4.5 bathrooms, 2 office spaces, a game room, and 1.23 acres of private outdoor space. The open layout offers bright living areas, a functional kitchen, and plenty of flexibility for working from home, entertaining, or everyday living.

The property includes a 1-car garage plus a separate 2-car garage, along with both a main entry and guest entry for added convenience. Step outside to a backyard designed for hosting, complete with a fire pit, pergola, and string lights—perfect for gatherings, relaxing evenings, and enjoying the Texas sky.

Located minutes from Bastrop and approximately 20 minutes from Austin, with convenient access to Tesla, SpaceX, COTA, Hyatt Lost Pines, Lake Bastrop, McKinney Roughs, and Bastrop State Park.

**Owner Financing Available**

At $240/sqft, this home is 14% below the Cedar Creek active market average of $279/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

158 Double Eagle Ranch Dr, Cedar Creek, TX 78612

Property Details

Price $748,990
Status Active Listing
Beds 4
Full Baths 4
Half Baths 1
Living Area 3,116 sqft
Lot Size 1.24 acres (53,970.84 sqft)
Year Built 2021
Garage 3 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Double Eagle Ranch Sec 1
County Bastrop
Zip Code 78612
$/sqft $240/sqft
Days on Market ,
HOA $315/Annually
Annual Tax Est. $10,274.03
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT223857623
List Date May 4, 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
145 Pavilion Dr
The Forest At Colorado Crossin
$750,000 $297 3 bd / 3 ba 2,528 sqft , 2026-07-01
181 Pecos St
Double Eagle Ranch Sec 1
$745,000 $197 4 bd / 4 ba 3,774 sqft , 2026-06-26
510 Thousand Oaks Dr
Thousand Oaks
$740,000 $204 5 bd / 3 ba 3,634 sqft , 2026-04-09
198 Midnight Valley Dr
Silverleaf
$769,900 $245 4 bd / 4 ba 3,139 sqft , 2026-06-25
1206 Walter Hoffman Rd
Cedar View Estates
$715,000 $207 5 bd / 4 ba 3,446 sqft , 2026-06-22

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
$3,595/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
$149,798
20% conventional investment loan

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

Estimated Gross Rent+$3,595
Principal + Interest−$4,088
Property Tax (~2.1% TX avg)−$1,311
Insurance (~0.5%)−$312
Est. Monthly Cash Flow $-2,116

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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