About This Home

Nice home on an acre of land. Front and back deck. Lots of trees. Outbuilding conveys

At $155/sqft, this home is 45% 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

218 Texas Oak Dr, Cedar Creek, TX 78612

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Property Details

Price $289,000

Status Active Listing

Beds 4

Full Baths 2

Half Baths ,

Living Area 1,860 sqft

Lot Size 1.03 acres (44,997.48 sqft)

Year Built 2003

Garage ,

Stories ,

Type Residential · Manufactured Home

Subdivision High View Ranch Ph 3a

County Bastrop

Zip Code 78612

$/sqft $155/sqft

Days on Market ,

HOA None / verify with agent

Annual Tax Est. $3,863.4

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT229800881

List Date May 12, 2026

Elementary School Cedar Creek

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.

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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

106 Shadow Wood Trl
Elm Ridge $279,900 $231 3 bd / 2 ba 1,212 sqft , 2026-06-01

135 Side Saddle Dr
High View Ranch, Ph 3a $299,000 $219 3 bd / 2 ba 1,368 sqft , 2026-06-12

224 Las Estancias Dr
Santa Fe Estates $299,999 $179 4 bd / 2 ba 1,674 sqft , 2026-07-22

258 Red Tail Hawk Ln
Riverbend at Double Eagle $301,990 $222 3 bd / 2 ba 1,363 sqft , 2026-05-28

117 High Point Blvd
Elm Ridge $274,900 $151 3 bd / 3 ba 1,816 sqft , 2026-02-27

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

$1,387/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

$57,800

20% conventional investment loan

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

Estimated Gross Rent+$1,387

Principal + Interest−$1,577

Property Tax (~2.1% TX avg)−$506

Insurance (~0.5%)−$120

Est. Monthly Cash Flow $-816

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

218 Texas Oak Dr

Location

Property Details

Comparable Listings Right Now

Rental Income Potential

Major Employers Near Cedar Creek, TX

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