Active Listing  ·  59 days on market

217 Gato Rd

Cedar Creek, TX 78612
$429,900
4 Bed 3 Bath 2,176 sqft $198/sqft Built 2023 0.50 acres 2-Car Garage Pool Las Alamedas

Rare opportunity to own a beautifully remodeled custom home on a fully fenced ½-acre lot just minutes from Austin. This one-of-a-kind property combines modern luxury, privacy, and space with a thoughtfully designed open floor plan featuring premium flooring, custom cabinetry, quartz countertops, designer lighting, and high-end finishes throughout. The chef-inspired kitchen flows seamlessly into the living and dining areas, creating an ideal space for entertaining and everyday living.

Built with quality and efficiency in mind, this distinctive pyramid-style home features 4-inch foam insulation beneath the structure along with a concrete base and ground barrier for enhanced durability, comfort, and energy efficiency. The expansive fenced lot provides ample room for a pool, workshop, guest house, RV parking, or outdoor entertaining space while maintaining the privacy and freedom that only acreage can offer. Combining exceptional craftsmanship, a custom remodel, and a prime location near Austin's growth corridor, this property delivers a rare opportunity to own something truly unique.

At $198/sqft, this home is 29% 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

217 Gato Rd, Cedar Creek, TX 78612

Property Details

Price $429,900
Status Active Listing
Beds 4
Full Baths 3
Half Baths ,
Living Area 2,176 sqft
Lot Size 0.50 acres (21,780 sqft)
Year Built 2023
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Las Alamedas
County Bastrop
Zip Code 78612
$/sqft $198/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $5,746.15
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT234143388
List Date June 6, 2026
Elementary School Cedar Creek
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
249 Hershal Ln
Las Alamedas
$429,999 $199 4 bd / 3 ba 2,160 sqft , 2026-02-11
127 Meadow Way
MARTIN'S MEADOW
$430,000 $215 4 bd / 3 ba 2,003 sqft , 2025-10-28
109 Union Pacific Dr
RAILHEAD
$425,990 $175 5 bd / 3 ba 2,430 sqft , 2026-05-28
116 Andaman Roost None
Riverbend at Double Eagle
$439,990 $156 5 bd / 3 ba 2,812 sqft , 2026-05-28
112 Cassins Nest None
Riverbend at Double Eagle
$418,990 $155 4 bd / 3 ba 2,708 sqft , 2026-06-26

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
$2,064/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
$85,980
20% conventional investment loan

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

Estimated Gross Rent+$2,064
Principal + Interest−$2,346
Property Tax (~2.1% TX avg)−$752
Insurance (~0.5%)−$179
Est. Monthly Cash Flow $-1,213

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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