Active Listing  ·  203 days on market

231 Belmont Way

Cedar Creek, TX 78602
$449,752
3 Bed 3 Bath 2,351 sqft $191/sqft Built 2026 0.15 acres 2-Car Garage Pool New Construction Silverleaf

What's Special: Model Plan | Dedicated Study | Game Room | Covered Patio | North Facing Lot. New Construction - Ready Now! Built by Taylor Morrison, America's Most Trusted Home Builder. Welcome to the Burnet at 231 Belmont Way in Silverleaf! Step inside your new home and enjoy an open concept living space filled with natural light. From the welcoming front porch, enter a sweeping foyer that leads to a dedicated study, two secondary bedrooms, and a game room near the front. At the heart of the home, the kitchen with a center island flows seamlessly into the casual dining area and great room, creating the perfect space for gathering. Tucked at the back is a serene primary suite with a spa-like bathroom featuring two vanities, a soaking tub, a spacious shower, 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: game room, and gas line at the back patio.

At $191/sqft, this home is 32% 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

231 Belmont Way, Cedar Creek, TX 78602

Property Details

Price $449,752
Status Active Listing
Beds 3
Full Baths 3
Half Baths ,
Living Area 2,351 sqft
Lot Size 0.15 acres (6,534 sqft)
Year Built 2026
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Silverleaf
County Bastrop
Zip Code 78602
$/sqft $191/sqft
Days on Market ,
HOA $60/Monthly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT216270608
List Date January 13, 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 · January 13, 2026 $479,277
Previous ask $466,752
Current ask $449,752
Reduced $29,525 (-6.2%) 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
5644 Fm 535 Rd
Litton, Addison
$450,000 $257 3 bd / 2 ba 1,754 sqft , 2026-05-08
277 Mesquite Dr
Mesquite Acres
$449,500 $250 3 bd / 2 ba 1,800 sqft , 2026-06-18
110 Cancho Hill Dr
Silverleaf
$464,047 $188 4 bd / 3 ba 2,466 sqft , 2026-04-06
127 Meadow Way
MARTIN'S MEADOW
$430,000 $215 4 bd / 3 ba 2,003 sqft , 2025-10-28
249 Hershal Ln
Las Alamedas
$429,999 $199 4 bd / 3 ba 2,160 sqft , 2026-02-11

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
$2,159/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
$89,950
20% conventional investment loan

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

Estimated Gross Rent+$2,159
Principal + Interest−$2,454
Property Tax (~2.1% TX avg)−$787
Insurance (~0.5%)−$187
Est. Monthly Cash Flow $-1,269

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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