Active Listing  ·  13 days on market

2824 Rio Verde Dr

Cedar Park, TX 78641
$520,000
3 Bed 3 Bath 2,382 sqft $218/sqft Built 2015 0.20 acres 2-Car Garage Pool Scottsdale Xing Ph 2

Welcome to this single-story 3-bedroom, 3-bath home in Scottsdale Crossing, a quiet Cedar Park neighborhood close to The Crossover. The open floorplan makes everyday living and entertaining easy, and the flex room adapts to how you live, whether that’s a home office, formal dining room, playroom, or game room. This home is built for low energy bills and peace of mind. A paid-in-full system of 24 solar panels (8.16 kW) charges two Tesla Powerwall 3 batteries, installed in December 2025, which power the home and can provide backup for more than a full day depending on usage, while extra energy is sold back to the grid. A Tesla Wall Connector in the garage is ready for your EV. Smart-home features include a Ring Pro doorbell, Schlage wifi front door lock, Ring spotlight cam, MyQ wifi garage door opener, Google Nest thermostat, and five wired Google Nest Protect smoke detectors, and a tankless gas water heater (2024) provides continuous hot water. Out back, a covered patio overlooks mature trees and a yard with no neighbors behind it, a private spot for morning coffee or an evening outdoors. The Crossover is an active sports, wellness, and entertainment destination, with two full-size NHL regulation ice rinks, pickleball and volleyball, an outdoor turf field, a bar and coffee shop, food trucks, and regular community events, all with no membership required. Quiet streets, room to spread out, and a home that works hard for you make this one worth seeing, and it’s easy to show, so schedule your tour today.

At $218/sqft, this home is 4% below the Cedar Park active market average of $226/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

2824 Rio Verde Dr, Cedar Park, TX 78641

Property Details

Price $520,000
Status Active Listing
Beds 3
Full Baths 3
Half Baths ,
Living Area 2,382 sqft
Lot Size 0.20 acres (8,786.05 sqft)
Year Built 2015
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Scottsdale Xing Ph 2
County Williamson
Zip Code 78641
$/sqft $218/sqft
Days on Market ,
HOA $32.5/Monthly
Annual Tax Est. $9,979.44
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT251044446
List Date October 30, 2026
Elementary School Block House
Middle School Knox Wiley
High School Rouse
School District Leander ISD

Leander ISD

Block House · Knox Wiley · Rouse

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.

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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
2429 Leonards Pass
Hazelwood
$499,000 $196 4 bd / 3 ba 2,546 sqft , 2026-07-31
1673 Turtle Bay Loop
CRYSTAL SPRINGS
$460,000 $180 4 bd / 4 ba 2,561 sqft , 2026-06-02
1749 CACTUS MOUND Dr
Cold Springs
$449,900 $163 4 bd / 3 ba 2,754 sqft , 2026-07-16
15204 English River Loop
Block House Creek Ph E Sec 610
$449,900 $229 3 bd / 3 ba 1,967 sqft , 2026-09-25
1908 Turtle Bay Loop
CRYSTAL SPRINGS
$435,000 $231 3 bd / 2 ba 1,880 sqft , 2026-08-06

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
$2,496/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
$104,000
20% conventional investment loan

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

Estimated Gross Rent+$2,496
Principal + Interest−$2,838
Property Tax (assumed ~2.1%)−$910
Insurance (assumed ~0.5%)−$217
Est. Monthly Cash Flow $-1,469

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 · 41 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. The written content was last updated on November 6, 2026.

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

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