Active Listing  ·  9 days on market

170 Fossil Dr

Cedar Creek, TX 78612
$376,990
4 Bed 3 Bath 2,334 sqft $162/sqft Built 2026 0.23 acres 2-Car Garage Pool Riverbend at Double Eagle

Brand new, energy-efficient home available by Sep 2026! Unwind in the private main floor primary suite, complete with a sizeable walk-in closet and bath. Linen cabinets with black pearl granite countertops, warm beige EVP flooring, and warm multi-tone taupe carpet in our Chic package. Waterstone Crossing is a beautiful new community in Kyle, TX. Explore shopping, restaurants, and entertainment at Kyle Marketplace, Kyle Crossing, and the San Marcos Premium Outlets. Spend the day fishing at Lake Kyle or enjoy a round of golf at Plum Creek Golf Course. Look forward to incredible amenities including a swimming pool, trails, playground, and pickleball court. Each of our homes is built with innovative, energy-efficient features designed to help you enjoy more savings, better health, real comfort and peace of mind.

At $162/sqft, this home is 38% below the Cedar Creek active market average of $261/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

170 Fossil Dr, Cedar Creek, TX 78612

Property Details

Price $376,990
Status Active Listing
Beds 4
Full Baths 2
Half Baths 1
Living Area 2,334 sqft
Lot Size 0.23 acres (9,931.68 sqft)
Year Built 2026
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Riverbend at Double Eagle
County Bastrop
Zip Code 78612
$/sqft $162/sqft
Days on Market ,
HOA $80/Monthly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT248451927
List Date October 14, 2026
Elementary School Bluebonnet (Bastrop ISD)
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.

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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
110 Basalt Bnd
Waterstone Crossing
$377,990 $146 5 bd / 4 ba 2,585 sqft , 2026-08-05
121 Limestone Creek Way
Waterstone Crossing
$366,990 $157 4 bd / 3 ba 2,334 sqft , 2026-05-28
115 Fossil Dr
Waterstone Crossing
$389,990 $139 5 bd / 4 ba 2,812 sqft , 2026-06-10
541 Yellowstone Dr
Paramount
$391,290 $172 4 bd / 3 ba 2,280 sqft , 2025-12-09
221 Banff Dr
Paramount Sec One
$359,999 $170 4 bd / 3 ba 2,115 sqft , 2026-07-09

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
$1,810/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
$75,398
20% conventional investment loan

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

Estimated Gross Rent+$1,810
Principal + Interest−$2,057
Property Tax (~2.1% TX avg)−$660
Insurance (~0.5%)−$157
Est. Monthly Cash Flow $-1,064

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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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 October 15, 2026.

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