Active Listing  ·  6 days on market

185 Pecos St

Cedar Creek, TX 78612
$659,990
4 Bed 3 Bath 2,770 sqft $238/sqft Built 2025 1.00 acres 2-Car Garage Pool New Construction Double Eagle Ranch

Incredible Financing opportunity on this home! Special 2.99 % rate w/ preferred lender. Caledonia Builders presents a stunning new home designed with elegance, comfort, and attention to detail. Set on a quiet cul-de-sac acre lot, this spacious residence offers four bedrooms, three bathrooms, & a versatile game room w/ plenty of space for living, working, & entertaining. The main living area features large black sliding doors that open fully to the covered patio, creating seamless indoor-outdoor living. Upstairs, a built-in desk area & large balcony provide the perfect retreat for work or relaxation, all while overlooking a private acre lot that backs to a peaceful greenbelt. The chef’s kitchen is a true highlight with high-end GE appliances, a six-burner gas stove, upgraded hood, custom backsplash, quartz countertops, an undermount sink, & a large pantry. Ten-foot tray ceilings & luxury vinyl plank flooring throughout the main areas enhance the open and airy feel. The owner’s suite offers a private escape with a freestanding soaking tub, a spacious walk-in shower finished with custom

tile and mud-set flooring, and elegant design touches throughout. The home is finished with details that elevate every

space, including 5.5-in baseboards, 2-inch wood blinds, and a three-car garage with insulated doors that provide both style

and practicality. To make this home even more appealing, buyers who use the builder’s preferred lender will receive $10,000

in flex cash along with a paid title policy. Tucked just outside Cedar Creek, Double Eagle Ranch offers a wide-open kind of

living that is getting harder to find. Here, large lots meet endless Texas skies and the sounds of the city fade into birdsong,

breezes, and neighborly waves. Just minutes from a 47-acre greenbelt along the Colorado River, the community invites

morning walks, evenings under the stars, and weekends exploring nearby gems like McKinney Roughs Nature Park, Bastrop State Park and Lake Bastrop.

At $238/sqft, this home is 15% 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

185 Pecos St, Cedar Creek, TX 78612

Property Details

Price $659,990
Status Active Listing
Beds 4
Full Baths 3
Half Baths ,
Living Area 2,770 sqft
Lot Size 1.00 acres (43,734.24 sqft)
Year Built 2025
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Double Eagle Ranch
County Bastrop
Zip Code 78612
$/sqft $238/sqft
Days on Market ,
HOA $350/Annually
Annual Tax Est. $639.45
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT241523528
List Date July 29, 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.

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
194 Williams Ln #A
Williams Lane Acres
$660,000 $330 5 bd / 3 ba 2,001 sqft , 2026-03-05
320 Raptor Beak Way
Double Eagle
$665,000 $195 4 bd / 4 ba 3,405 sqft , 2026-07-30
184 Wild Horse Dr
Silverleaf
$669,142 $184 4 bd / 5 ba 3,628 sqft , 2026-04-09
130 Creekwood Trl
Arbor Hills
$669,900 $181 5 bd / 4 ba 3,700 sqft , 2026-04-09
192 Raptor Beak Way
Double Eagle Ranch, Sec 2
$675,000 $195 4 bd / 3 ba 3,468 sqft , 2026-04-10

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
$3,168/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
$131,998
20% conventional investment loan

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

Estimated Gross Rent+$3,168
Principal + Interest−$3,602
Property Tax (~2.1% TX avg)−$1,155
Insurance (~0.5%)−$275
Est. Monthly Cash Flow $-1,864

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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