Active Listing  ·  27 days on market

2303 Cedrick Cv #B

Austin, TX 78748
$250,000
2 Bed 1 Bath 780 sqft $321/sqft Built 1983 0.05 acres Pool Austin Hills II

Discover an exceptional opportunity to embrace comfortable living in a vibrant Austin locale. This charming residence offers a perfect blend of convenience and modern appeal, ideal for those seeking an engaging lifestyle. The well-appointed interior spans 780 square feet, providing a thoughtfully designed space that maximizes both functionality and comfort. With one full bathroom and a single-story layout, this home ensures effortless living.

Nestled in a desirable area, the property provides access to the dynamic energy of Austin, fostering a sense of community and offering a myriad of local amenities. The manageable lot size of 0.05 acres presents an inviting outdoor area, perfect for relaxation without extensive upkeep. This address at 2303 Cedrick Cv Apt B places you in a prime position to enjoy everything Austin, TX 78748 has to offer, from its cultural scene to its natural beauty. Experience the ease and allure of this wonderful home, perfectly suited for those ready to start their next chapter.

At $321/sqft, this home is 18% below the Austin active market average of $391/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

2303 Cedrick Cv #B, Austin, TX 78748

Property Details

Price $250,000
Status Active Listing
Beds 2
Full Baths 1
Half Baths ,
Living Area 780 sqft
Lot Size 0.05 acres (2,008.12 sqft)
Year Built 1983
Garage ,
Stories ,
Type Residential · Condominium
Subdivision Austin Hills II
County Travis
Zip Code 78748
$/sqft $321/sqft
Days on Market ,
HOA $22/Monthly
Annual Tax Est. $5,403.66
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT238320776
List Date July 8, 2026
Elementary School Cunningham
Middle School Covington
High School Crockett
School District ,

Luke Allen (TREC #788149) has deep knowledge of Austin 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 Austin

Comparable Listings Right Now

Homes currently for sale in Austin 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
710 E Dean Keeton St #212
Century Condo
$250,000 $418 1 bd / 1 ba 598 sqft , 2026-01-03
3840 Far West Blvd #101
Far West Skyline Condo
$250,000 $294 2 bd / 2 ba 849 sqft , 2026-03-18
9525 N Capital Of Texas Hwy #623
Loop Condo
$250,000 $257 2 bd / 1 ba 972 sqft , 2026-01-08
8210 Bent Tree Rd #116
Arbors
$250,000 $311 2 bd / 1 ba 805 sqft , 2026-05-16
8605 Putnam Dr #202
PUTNAM PALMS CONDOMINIUM
$250,000 $275 2 bd / 1 ba 910 sqft , 2026-06-02

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
$1,200/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
$50,000
20% conventional investment loan

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

Estimated Gross Rent+$1,200
Principal + Interest−$1,364
Property Tax (~2.1% TX avg)−$438
Insurance (~0.5%)−$104
Est. Monthly Cash Flow $-706

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 Austin, TX

Austin 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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