Active Listing  ·  87 days on market

2607 Melekhin Bnd SW

Cedar Park, TX 78613
$875,000
5 Bed 4 Bath 3,859 sqft $227/sqft Built 2005 0.18 acres 2.5-Car Garage Pool Ranch At Deer Creek Ph 03 Sec 03

Lovingly remodeled, one-of-a-kind home in Deer Creek. This timeless Taylor Morrison Lexington floor plan offers a stunning 5-bedroom, 3.5-bathroom home. Attention to detail is evident throughout. There are 4 living areas: family, game room, downstairs study & upstairs study nook. Formal & breakfast areas are the perfect size for gatherings. With 20-foot ceilings in the entry & living areas, this home is flooded with light. Tastefully decorated, with new paint & flooring features throughout the home, creating an atmosphere of soft, modern elegance! The front study is opposite the formal dining (currently a billiard room!). The kitchen is situated in the center of the home and features a long bar. The cabinets are repainted & the wine fridge is ideal for entertaining! The primary bedroom is on the main floor & boasts a cozy fireplace, providing a tranquil retreat from the busyness of daily life. Ascending the stairs, you'll discover 4 specially decorated bedrooms. 2 are connected by a convenient Jack & Jill bath, while another well-appointed bathroom separates the remaining 2. The spacious game room is ideal for movie nights or casual gatherings! One of the bedrooms was converted into a full-blown gym, complete with a luxurious sauna for ultimate relaxation. An upstairs study nook has a surprise closet behind a Murphy door! Use the study nook as a kid's playroom or Zoom room- the choice is yours! The original covered patio has been expanded with a unique metallic trellis outfitted with retractable screens! Push-button controls let you open the trellis or convert it into an additional covered patio, creating an inviting outdoor oasis for dining or simply enjoying the lush vegetation. Generous flatwork has been added in the back & sides for convenience & functionality. This home's blend of style, comfort, & modern convenience is apparent to every visitor! Shopping and major employers are close, & the elementary school is just around the corner!

At $227/sqft, this home is priced in line with the Cedar Park market average of $225/sqft across 208 active listings. View Austin market report →

Location

2607 Melekhin Bnd SW, Cedar Park, TX 78613

Property Details

Price $875,000
Status Active Listing
Beds 5
Full Baths 3
Half Baths 1
Living Area 3,859 sqft
Lot Size 0.18 acres (8,015.04 sqft)
Year Built 2005
Garage 2.5 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Ranch At Deer Creek Ph 03 Sec 03
County Travis
Zip Code 78613
$/sqft $227/sqft
Days on Market ,
HOA $315/Semi-Annually
Annual Tax Est. $11,771.92
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT239609041
List Date July 13, 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
2512 Armatrading Dr
Cypress Canyon Sec 2
$899,000 $245 5 bd / 4 ba 3,675 sqft , 2026-06-11
507 Rummel Ranch Run
Buttercup Creek Ph 05 Sec 08
$779,000 $200 5 bd / 4 ba 3,900 sqft , 2026-07-18
2728 Zambia Dr
Ranch At Deer Creek Ph 2 Sec
$999,900 $297 4 bd / 3 ba 3,368 sqft , 2026-08-06
1803 Purple Sage Dr
Ranch At Deer Creek Ph 2 Sec
$739,995 $200 5 bd / 4 ba 3,700 sqft , 2026-07-22
808 Canyon Springs Dr
Cypress Canyon Sec 05
$725,000 $251 4 bd / 3 ba 2,891 sqft , 2026-10-01

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
$4,200/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
$175,000
20% conventional investment loan

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

Estimated Gross Rent+$4,200
Principal + Interest−$4,775
Property Tax (~2.1% TX avg)−$1,531
Insurance (~0.5%)−$365
Est. Monthly Cash Flow $-2,471

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

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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 August 2, 2026.

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