About This Home

Amazing opportunity to purchase a 4.07-acre lot in the up-and-coming Cedar Creek area. The property features a newer mobile home with a current tenant in place renting for $2,000 per month, providing immediate rental income and strong investment potential.

At $280/sqft, this home is priced in line with the Cedar Creek market average of $280/sqft across 131 active listings. View Austin market report →

Location

194 Williams Ln #C, Cedar Creek, TX 78612

Open in Google Maps ↗ Get Directions ↗

Property Details

Price $560,000

Status Active Listing

Beds 5

Full Baths 3

Half Baths ,

Living Area 2,001 sqft

Lot Size 4.07 acres (177,289.2 sqft)

Year Built 2024

Garage ,

Stories ,

Type Residential · Manufactured Home

Subdivision Williams Lane Acres

County Bastrop

Zip Code 78612

$/sqft $280/sqft

Days on Market ,

HOA None / verify with agent

Annual Tax Est. $2,966.4

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT220614071

List Date March 5, 2026

Elementary School Bluebonnet (Bastrop ISD)

Middle School Cedar Creek

High School Cedar Creek

School District ,

Have Questions About This Property?

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 →

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 · March 5, 2026 $625,000

Previous ask $590,000

Current ask $560,000

▼ Reduced $65,000 (-10.4%) 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 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

829 State Highway 21 Hwy W
Litton, Addison $559,000 $269 5 bd / 2 ba 2,080 sqft , 2026-02-20

142 Triangle Acres None
Triangle $575,000 $309 4 bd / 2 ba 1,860 sqft , 2026-03-12

121 Booted Eagle Claw Cv
Double Eagle Ranch $612,990 $268 4 bd / 3 ba 2,285 sqft , 2026-03-20

113 Little Tenina Trl
Silverleaf $497,950 $200 5 bd / 4 ba 2,489 sqft , 2026-06-25

105 Little Tenina Trl
Silverleaf $487,950 $199 4 bd / 4 ba 2,453 sqft , 2026-06-12

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

$2,688/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

$112,000

20% conventional investment loan

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

Estimated Gross Rent+$2,688

Principal + Interest−$3,056

Property Tax (~2.1% TX avg)−$980

Insurance (~0.5%)−$233

Est. Monthly Cash Flow $-1,581

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

194 Williams Ln #C