About This Home

Escape the hustle and enjoy the slower pace of country living in this delightful home. Offering a welcoming atmosphere, functional living spaces, and a spacious yard, this property is perfect for relaxing, entertaining, or creating lasting memories. A wonderful opportunity to enjoy comfort, privacy, and the beauty of Texas. Across FM 535 is City Park full with walking trails, baseball, football, soccer fields and more!

At $170/sqft, this home is 39% 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

235 Cedar Creek Cir, Cedar Creek, TX 78612

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Property Details

Price $315,000

Status Active Listing

Beds 3

Full Baths 2

Half Baths ,

Living Area 1,848 sqft

Lot Size 1.00 acres (43,560 sqft)

Year Built 1996

Garage 2 spaces

Stories ,

Type Residential · Manufactured Home

Subdivision Turner Estates

County Bastrop

Zip Code 78612

$/sqft $170/sqft

Days on Market ,

HOA None / verify with agent

Annual Tax Est. $3,866.97

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT240825052

List Date August 3, 2026

Elementary School Cedar Creek

Middle School Creekside

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.

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

163 Northside Ln
Navarro, Jose A $325,000 $184 3 bd / 2 ba 1,768 sqft , 2026-05-21

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

135 Coopers Hawk Crst
Riverbend at Double Eagle $329,990 $181 3 bd / 2 ba 1,825 sqft , 2026-06-10

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

242 Red Tail Hawk Ln
Riverbend at Double Eagle $330,990 $196 4 bd / 2 ba 1,688 sqft , 2026-07-31

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

$1,512/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

$63,000

20% conventional investment loan

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

Estimated Gross Rent+$1,512

Principal + Interest−$1,719

Property Tax (~2.1% TX avg)−$551

Insurance (~0.5%)−$131

Est. Monthly Cash Flow $-889

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

235 Cedar Creek Cir

Location

Property Details

Comparable Listings Right Now

Rental Income Potential

Major Employers Near Cedar Creek, TX

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