About This Home

Single Story-home ! No carpets ! Dual Primary Suites ! This 2017-built residence in the GATED Abrantes community offers A home with a private courtyard entrance and an upgraded single-level interior with vaulted ceilings and two primary suites. The layout includes 4 bedrooms, an office, 3.5 bathrooms, a family room, a gourmet granite kitchen, and an attached three-car garage. Outside, the lot features a covered patio. This property is located a short distance from top-rated Leander ISD schools.

At $259/sqft, this home is priced 13% above the Cedar Park active market average of $229/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

1902 Floresta Dr, Cedar Park, TX 78613

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Property Details

Price $879,000

Status Active Listing

Beds 4

Full Baths 3

Half Baths 1

Living Area 3,395 sqft

Lot Size 0.29 acres (12,641.11 sqft)

Year Built 2017

Garage 3 spaces

Stories ,

Type Residential · Single Family Residence

Subdivision Abrantes Ph 2

County Williamson

Zip Code 78613

$/sqft $259/sqft

Days on Market ,

HOA $125/Monthly

Annual Tax Est. $18,384.17

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT230097434

List Date June 4, 2026

Elementary School Ronald Reagan

Middle School Artie L Henry

High School Vista Ridge

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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Price History

How This Ask Has Moved

Original list price versus what this home is asking today. Straight from the ACTRIS MLS feed, no interpretation.

Original ask · June 4, 2026 $885,000

Current ask $879,000

▼ Reduced $6,000 (-0.7%) from original ask

Source: ACTRIS MLS. Price change timestamp reflects the most recent adjustment on record; the feed does not expose intermediate steps between the original ask and today's ask.

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

613 Breakaway Rd
Breakaway Park Sec 1A $850,000 $301 4 bd / 4 ba 2,821 sqft , 2026-05-18

615 Glacial Stream Ln
Abrantes $815,000 $245 4 bd / 4 ba 3,327 sqft , 2026-03-05

1019 Bretton Woods Dr
Forest Oaks Sec 10 $815,000 $219 4 bd / 3 ba 3,723 sqft , 2026-05-30

2607 Honey Springs Ln
The Reserve at Brushy Creek $800,000 $229 4 bd / 4 ba 3,489 sqft , 2025-09-16

402 Bufflehead Ln
Silver Oak Sec 4 $775,000 $207 4 bd / 3 ba 3,740 sqft , 2026-08-06

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

$4,219/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

$175,800

20% conventional investment loan

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

Estimated Gross Rent+$4,219

Principal + Interest−$4,797

Property Tax (~2.1% TX avg)−$1,538

Insurance (~0.5%)−$366

Est. Monthly Cash Flow $-2,482

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

About the Author

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 August 14, 2026.

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

1902 Floresta Dr