Active Listing  ·  351 days on market

1703 Oakland Dr

Cedar Park, TX 78613
$450,000
4 Bed 2 Bath 2,260 sqft $199/sqft Built 2007 0.28 acres 2-Car Garage Pool Red Oaks Sec 3

Attractive one-story, 4-bedroom home with open floor plan in the desirable Red Oak community in Cedar Park. Kitchen is open to living & dining areas with an island and breakfast bar. Large primary bedroom at back of the house separate from other 3 bedrooms; with dual vanity, walk-in shower, soaking tub and walk-in closet. Brick exterior on all 4 sides, covered back patio and no neighbors behind. Roof replaced in 2023 with impact resistant shingles allowing for reduced homeowners insurance cost.

The location is unbeatable in a desirable Cedar Park neighborhood within walking distance of the HOA pool & park, highly-rated Reed elementary and Lakeline Park, Cedar Park’s crown jewel with over 200 acres of amenities including a scenic lake with kayak rentals and miles of hike & bike trails. Just minutes from HEB Plus, Target, Lakeline Mall, countless shops & restaurants, Cap Metro Rail Lakeline Station as well as Cedar Park’s upcoming Bell District (opening late 2025). Easy access to 183, 183A Toll, and 620 / 45 Toll. Lakeline Park: https://www.cedarparktexas.gov/Facilities/Facility/Details/Lakeline-Park-56. Bell District: https://belldistrict.com/

At $199/sqft, this home is 13% 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

1703 Oakland Dr, Cedar Park, TX 78613

Property Details

Price $450,000
Status Active Listing
Beds 4
Full Baths 2
Half Baths ,
Living Area 2,260 sqft
Lot Size 0.28 acres (12,114.04 sqft)
Year Built 2007
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Red Oaks Sec 3
County Williamson
Zip Code 78613
$/sqft $199/sqft
Days on Market ,
HOA $200/Quarterly
Annual Tax Est. $9,556
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT205443523
List Date August 28, 2025
Elementary School Reed
Middle School Artie L Henry
High School Vista Ridge
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.

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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
1102 Nelson Ranch Rd
Buttercup Creek Sec 03 Village 05-H Amd
$450,000 $186 4 bd / 2 ba 2,417 sqft , 2026-05-27
2207 Clover Ridge Dr
Lakeline Oaks Sec 5
$455,000 $216 4 bd / 3 ba 2,111 sqft , 2026-03-17
2440 Madeline Loop
Hunters Glenn Sec 01
$485,000 $211 4 bd / 3 ba 2,304 sqft , 2026-03-11
2305 Little Elm Trl
LAKELINE OAKS SEC 5
$489,000 $176 4 bd / 3 ba 2,776 sqft , 2026-05-20
1409 Deer Horn Dr
Buttercup Creek Ph 04 Sec 01-2 Amd
$499,000 $191 4 bd / 3 ba 2,615 sqft , 2026-05-21

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
$2,160/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
$90,000
20% conventional investment loan

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

Estimated Gross Rent+$2,160
Principal + Interest−$2,456
Property Tax (~2.1% TX avg)−$788
Insurance (~0.5%)−$188
Est. Monthly Cash Flow $-1,272

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 July 16, 2026.

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