Active Listing  ·  227 days on market

197 Wild Horse Dr

Cedar Creek, TX 78612
$500,000
4 Bed 4 Bath 3,060 sqft $163/sqft Built 2026 0.18 acres 3-Car Garage Pool New Construction Silverleaf

What's Special: 3-Car Tandem | Corner Lot | Backs to Open Space | Close to Amenities | Dedicated Study | Media Room | Covered Patio | Large Kitchen Island. New Construction - Ready Now! Built by Taylor Morrison, America's Most Trusted Home Builder. Welcome to the Davis at 197 Wild Horse Drive in Silverleaf! Located on a desirable corner lot with no rear neighbors, this thoughtfully designed home offers privacy, comfort, and flexibility. The welcoming foyer is flanked by secondary bedrooms, a private study, and a separate bedroom suite with its own bath. A media room and additional study provide versatile spaces for work and relaxation. At the heart of the home, the open great room flows into a gourmet kitchen with a large island, walk-in pantry, and dining area. The covered patio extends living outdoors, while the private primary suite features a spa-like bath with a freestanding tub and spacious walk-in closet. New homes are now selling at Silverleaf 50s and 60s in Cedar Creek, offering the perfect blend of scenic Hill Country beauty and convenience to Austin. Ideally located between Austin and Bastrop, residents can enjoy picturesque views, rolling landscapes, and a peaceful setting while remaining close to city life, dining, and entertainment. Planned amenities include a resort-style pool and playground, and residents will appreciate the convenience of Bastrop ISD schools, including a new on-site elementary school currently under construction. Additional Highlights Include: Free-standing tub at primary bath, study 2 in place of formal dining, full blinds, and contemporary mahogany front door.

At $163/sqft, this home is 38% below the Cedar Creek active market average of $262/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

197 Wild Horse Dr, Cedar Creek, TX 78612

Property Details

Price $500,000
Status Active Listing
Beds 4
Full Baths 3
Half Baths 1
Living Area 3,060 sqft
Lot Size 0.18 acres (7,927.92 sqft)
Year Built 2026
Garage 3 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Silverleaf
County Bastrop
Zip Code 78612
$/sqft $163/sqft
Days on Market ,
HOA $60/Monthly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT224376690
List Date March 30, 2026
Elementary School Bluebonnet (Bastrop ISD)
Middle School Creekside
High School Cedar Creek
School District Bastrop ISD

Bastrop ISD

Bluebonnet (Bastrop ISD) · Creekside · Cedar Creek

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.

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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 · March 30, 2026 $583,557
Previous ask $505,990
Current ask $500,000
▼ Reduced $83,557 (-14.3%) 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
222 Shining Spark Trl
Silverleaf
$515,950 $183 5 bd / 4 ba 2,814 sqft , 2026-08-20
175 Wild Horse Dr
Silverleaf
$475,000 $168 4 bd / 3 ba 2,819 sqft , 2026-07-07
126 Little Tenina Trl
Silverleaf
$525,950 $186 5 bd / 4 ba 2,835 sqft , 2026-08-20
244 Shining Spark Trl
Silverleaf
$529,950 $185 4 bd / 3 ba 2,871 sqft , 2026-10-20
179 Wild Horse Dr
Silverleaf
$450,000 $176 3 bd / 3 ba 2,564 sqft , 2026-05-15

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
$2,400/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
$100,000
20% conventional investment loan

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

Estimated Gross Rent+$2,400
Principal + Interest−$2,729
Property Tax (assumed ~2.1%)−$875
Insurance (assumed ~0.5%)−$208
Est. Monthly Cash Flow $-1,412

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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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 · 41 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. The written content was last updated on November 8, 2026.

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

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