Active Listing  ·  28 days on market

2403 Kimra Ln

Cedar Park, TX 78613
$659,000
4 Bed 3 Bath 3,133 sqft $210/sqft Built 2004 0.21 acres 2-Car Garage Pool Ranch At Deer Creek Ph 1 Sec

Welcome to 2403 Kimra Lane in Cedar Park! This 4-bedroom, 2.5-bath home offers 3,133 sq. ft. on a private 0.20-acre corner lot. Located within walking distance of Deer Creek Elementary and minutes from Cedar Park High School, part of the top-rated Cedar Park school system. The main level features 9.5-foot ceilings, wood flooring and tile, an open floor plan, and a full-size sculpted gas-log fireplace. The kitchen includes extra-tall solid cherry cabinetry, granite countertops and a gas cooktop. The Whirlpool refrigerator, washer, dryer and dishwasher are approximately one year old. The first-floor primary suite features bay windows, a walk-in closet and en-suite bath with solid cherry cabinetry, updated granite dual vanities, Jacuzzi tub and private water closet. A half bath, laundry room and under-stair walk-in storage complete the main level. Upstairs are three bedrooms plus two separate living areas. The larger bonus room can serve as a media or game room, while the adjoining room currently accommodates a full-size pool table, which conveys. Ten-foot upstairs ceilings enhance the spacious feel.

Recent improvements include two HVAC systems, one installed in 2025 and one in 2022, a 2022 water heater and fresh interior paint throughout much of the home. The property also features a privacy fence and underground AT&T Fiber. The property has a proven history as a successful short-term rental, having been operated by the owners for more than two years while traveling. Currently, no HOA restrictions exist. The property is near two community pools and Elizabeth Milburn Park, with concerts, movie nights and Fourth of July fireworks. Lake Travis, Hill Country attractions, parks and recreation are also nearby.

At $210/sqft, this home is 7% below the Cedar Park active market average of $225/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

2403 Kimra Ln, Cedar Park, TX 78613

Property Details

Price $659,000
Status Active Listing
Beds 4
Full Baths 2
Half Baths 1
Living Area 3,133 sqft
Lot Size 0.21 acres (9,138.89 sqft)
Year Built 2004
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Ranch At Deer Creek Ph 1 Sec
County Travis
Zip Code 78613
$/sqft $210/sqft
Days on Market ,
HOA $460/Semi-Annually
Annual Tax Est. $8,200
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT246157268
List Date September 10, 2026
Elementary School Deer Creek
Middle School Cedar Park
High School Cedar Park
School District ,

Luke Allen (TREC #788149) has deep knowledge of Cedar Park 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 Park

Comparable Listings Right Now

Homes currently for sale in Cedar Park 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
1702 Chalk Cv
Ranch At Cypress Creek Sec 06
$630,000 $177 4 bd / 3 ba 3,558 sqft , 2026-10-07
2107 Tattler Dr
Twin Creeks Country Club Sec 2
$625,000 $232 4 bd / 2 ba 2,691 sqft , 2026-09-17
1598 Tahoka Daisy Dr
Ranch At Deer Creek Ph 3 Sec
$697,000 $204 4 bd / 3 ba 3,413 sqft , 2026-05-22
1500 Skip Tyler Dr
Ranch At Deer Creek
$614,995 $232 3 bd / 3 ba 2,654 sqft , 2026-08-13
2404 Danciger Ln
TWIN CREEKS COUNTRY CLUB SEC 7
$614,000 $197 5 bd / 4 ba 3,109 sqft , 2026-07-13

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
$3,163/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
$131,800
20% conventional investment loan

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

Estimated Gross Rent+$3,163
Principal + Interest−$3,596
Property Tax (~2.1% TX avg)−$1,153
Insurance (~0.5%)−$275
Est. Monthly Cash Flow $-1,861

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 Park, TX

Cedar Park sits within commuting range of Austin's major tech, manufacturing, and corporate campuses. Approximate drive times from this area:

Apple Campus (Domain) 20 min SE
Dell Technologies HQ 15 min E
Samsung Austin Semiconductor 25 min SE
Tesla Gigafactory 40 min SE

More Luxury Homes in Cedar Park

Loading…
View All Luxury Homes →
About the Author
Luke Allen, Austin TX Realtor, TREC #788149
Luke Allen
Licensed Austin TX Realtor · TREC #788149 · Full-time since 2019
★★★★★ 5.0 on Google · 30 Reviews

Luke Allen is a full-time Austin TX Realtor with the Austin Marketing + Development Group brokerage. He works with buyers, sellers, and investors across every Austin ISD and the surrounding neighborhoods, from Downtown and East Austin to Round Rock, Cedar Park, and the Hill Country. Every page on this site is written and maintained by Luke. This page was last updated on October 3, 2026.

📞 (254) 718-2567 [email protected] More about Luke →