Active Listing  ·  17 days on market

303 N Mustang Ave

Cedar Park, TX 78613
$999,990
4 Bed 4 Bath 3,089 sqft $324/sqft Built 2018 0.68 acres 3-Car Garage Pool Cedar Park Ranchettes Un 04

Welcome to elevated Texas living in Cedar Park Ranchettes, where luxury and resort-style entertaining come together on 0.68 acres. Built in 2018, this custom 4 bedroom, 4 bath residence, including a dedicated exterior pool bath, offers 3,087 square feet of thoughtfully designed living space with a striking stone and stucco exterior, grand covered entry, arched windows, and three car garage. Inside, the open concept layout is filled with natural light, creating an inviting atmosphere for both everyday living and memorable gatherings. At the heart of the home, the kitchen overlooks the living area, keeping everyone connected while cooking, dining, or entertaining. Glass doors create a seamless transition to the covered patio, where al fresco dining and relaxed evenings overlook the backyard oasis. The primary bedroom features an ensuite with dual vanity areas, relaxing soaking tub, separate walk-in shower, and generous closet space. Movie nights are elevated in the impressive multi-level theater room, offering a true cinematic setting for films or game days. The resort-style experience continues with a fully equipped outdoor kitchen, dedicated full pool bath, expansive entertainment areas, and sand volleyball court. The lot also offers flexibility for future personalization. With ample space beyond the existing home, bring your vision and explore future possibilities such as a guest house, office, workshop, gym, creative hobby studio & more. Whether envisioned for work-from-home, hobbies & recreation, or potential investment use, this is a property designed to evolve with your lifestyle. Solar panels provide added energy efficiency, while programmable smart switches throughout the home add modern convenience. Ideally located near shopping, dining, entertainment, and the greater Austin area, this property offers the rare combination of ample space, luxury, and seamless indoor-outdoor living. Schedule your private showing today and experience this remarkable retreat!

At $324/sqft, this home is priced 42% above the Cedar Park active market average of $228/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

303 N Mustang Ave, Cedar Park, TX 78613

Property Details

Price $999,990
Status Active Listing
Beds 4
Full Baths 4
Half Baths ,
Living Area 3,089 sqft
Lot Size 0.68 acres (29,620.8 sqft)
Year Built 2018
Garage 3 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Cedar Park Ranchettes Un 04
County Williamson
Zip Code 78613
$/sqft $324/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $15,525
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT241790309
List Date August 7, 2026
Elementary School Reed
Middle School Artie L Henry
High School Vista Ridge
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.

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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 · August 7, 2026 $1,100,000
Current ask $999,990
Reduced $100,010 (-9.1%) 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 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
409 Summer Vista Cv
Parkwest Estates Sec 1
$930,000 $271 4 bd / 4 ba 3,430 sqft , 2026-06-07
301 N Cougar Ave
CEDAR PARK RANCHETTES
$1,100,000 $306 5 bd / 5 ba 3,592 sqft , 2026-08-11
1019 Bretton Woods Dr
Forest Oaks Sec 10
$815,000 $219 4 bd / 3 ba 3,723 sqft , 2026-05-30
105 Summer Park Bnd
Parkwest Estates Sec 2
$799,000 $237 5 bd / 4 ba 3,372 sqft , 2026-06-02
203 Summer Park Bnd
Parkwest Estates
$775,000 $282 5 bd / 3 ba 2,751 sqft , 2026-05-19

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
$4,800/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
$199,998
20% conventional investment loan

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

Estimated Gross Rent+$4,800
Principal + Interest−$5,457
Property Tax (~2.1% TX avg)−$1,750
Insurance (~0.5%)−$417
Est. Monthly Cash Flow $-2,824

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 20, 2026.

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