Active Listing  ·  127 days on market

197 Wild Horse Dr

Cedar Creek, TX 78612
$574,357
4 Bed 4 Bath 3,060 sqft $188/sqft Built 2026 0.18 acres 3-Car Garage Pool 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 - August Completion! 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 for added privacy. From the welcoming front porch, you step into a bright foyer with two secondary bedrooms featuring walk-in closets and a shared full bathroom on one side, while a study, powder room, and an additional secondary bedroom suite with a private bath sit on the other. As you move deeper into the home, you will find another dedicated study and a media room, giving you flexible spaces to work, relax, or entertain. At the heart of the home, the spacious great room flows naturally into the gourmet kitchen with a center island, walk-in pantry, and dining area designed for easy gatherings. The open covered patio extends your living space outdoors with views of the entry road, perfect for enjoying quiet mornings or evenings at home. Tucked toward the back, the primary suite sits near the laundry room and offers a spa-inspired bathroom with a free-standing round tub and a large 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 $188/sqft, this home is 33% 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

197 Wild Horse Dr, Cedar Creek, TX 78612

Property Details

Price $574,357
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 $188/sqft
Days on Market ,
HOA $60/Monthly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT224376690
List Date March 30, 2026
Elementary School Bluebonnet (Bastrop ISD)
Middle School Creekside
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 →

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 $586,857
Current ask $574,357
Reduced $9,200 (-1.6%) 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
181 Little Tenina Trl
Silverleaf
$560,306 $183 4 bd / 5 ba 3,059 sqft , 2026-05-19
194 Williams Ln #C
Williams Lane Acres
$560,000 $280 5 bd / 3 ba 2,001 sqft , 2026-03-05
829 State Highway 21 Hwy W
Litton, Addison
$559,000 $269 5 bd / 2 ba 2,080 sqft , 2026-02-20
223 Belmont Way
Silverleaf
$555,564 $177 4 bd / 4 ba 3,140 sqft , 2026-05-19
235 Belmont Way
Silverleaf
$549,657 $190 4 bd / 4 ba 2,889 sqft , 2026-07-07

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
$2,757/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
$114,871
20% conventional investment loan

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

Estimated Gross Rent+$2,757
Principal + Interest−$3,135
Property Tax (~2.1% TX avg)−$1,005
Insurance (~0.5%)−$239
Est. Monthly Cash Flow $-1,622

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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