Active Listing  ·  6 days on market

1812 Fall Creek Dr

Cedar Park, TX 78613
$450,000
5 Bed 5 Bath 3,931 sqft $114/sqft Built 2001 0.21 acres 2-Car Garage Pool Buttercup Creek Ph 04 Sec 08
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About This Home

Short sale, subject to lender approval.

This property had an interior fire on 12/21/2023, and the home is now down to its foundation and framing, ready for a full rebuild. A structural engineer has inspected it and signed off on the structure. The report is available upon request.

Home is internally wired for 40 Gbps on CAT-8, and Google fiber should be available soon in the neighborhood

Assumable 3% loan with Navy Federal.

At $114/sqft, this home is 49% below the Cedar Park active market average of $225/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

1812 Fall Creek Dr, Cedar Park, TX 78613

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Property Details

Price $450,000
Status Active Listing
Beds 5
Full Baths 4
Half Baths 1
Living Area 3,931 sqft
Lot Size 0.21 acres (9,060.48 sqft)
Year Built 2001
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Buttercup Creek Ph 04 Sec 08
County Williamson
Zip Code 78613
$/sqft $114/sqft
Days on Market ,
HOA $340/Annually
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT248723280
List Date October 2, 2026
Elementary School Westside
Middle School Cedar Park
High School Cedar Park
School District ,

Have Questions About This Property?

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
1010 Lone Buck Pass
Buttercup Creek Ph 04 Sec 01-2 Amd $449,000 $153 5 bd / 3 ba 2,936 sqft , 2026-03-09
1409 Deer Horn Dr
Buttercup Creek Ph 04 Sec 01-2 Amd $475,000 $182 4 bd / 3 ba 2,615 sqft , 2026-05-21
1221 Thistle Trl
Buttercup Crk Sec 02 Village 09 $575,000 $189 5 bd / 4 ba 3,050 sqft , 2026-09-24
2002 McIllwain Cv
Buttercup Creek Ph 05 Sec 10 $585,000 $202 5 bd / 3 ba 2,889 sqft , 2026-09-18
2507 Texan Dr
Ranch At Deer Creek Ph 1 Sec $595,000 $217 4 bd / 3 ba 2,743 sqft , 2026-09-23

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 October 8, 2026.

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