Active Listing  ·  92 days on market

309 N Kings Canyon Dr

Cedar Park, TX 78613
$524,900
4 Bed 3 Bath 2,653 sqft $198/sqft Built 1993 0.21 acres 2-Car Garage Pool Park Place Ph 3

Now Offering a $10,000 rate buy down incentive that could save you hundreds on your monthly mortgage payment! 2 Story Park Place Gem in the heart of the Cedar Park Bell Blvd district…easy access to the Brushy Creek Trail system…Lakeline and Twin Lakes Parks. Upgrades include: Low E Triple pane windows…contemporary interior and exterior paint…luxury vinyl plank flooring…brushed nickel plumbing and lighting fixtures throughout…Tesla charger in the garage…and meticulously maintained arboretum like back yard with a large gardening shed. The floor plan includes…4 beds, 2.5 baths, 2 living, 2 dining, an oversized downstairs game/media room…remodeled kitchen featuring stainless steel Kitchenaide appliances…modern LED lighting…dark stone countertops…and white subway tile backsplash…luxurious primary suite with bay window seating area and spa like bathroom featuring frameless glass super shower, marble topped double vanity, and brushed nickel plumbing and light fixtures…back patio showcasing composite wood like decking…winding staircase leading a treetop terrace.

At $198/sqft, this home is 14% below the Cedar Park active market average of $229/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

309 N Kings Canyon Dr, Cedar Park, TX 78613

Property Details

Price $524,900
Status Active Listing
Beds 4
Full Baths 2
Half Baths 1
Living Area 2,653 sqft
Lot Size 0.21 acres (9,321.84 sqft)
Year Built 1993
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Park Place Ph 3
County Williamson
Zip Code 78613
$/sqft $198/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $9,042.68
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT229062905
List Date May 14, 2026
Elementary School Charlotte Cox
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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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
601 C-Bar Ranch Trl #8
Cross Creek
$525,845 $254 3 bd / 3 ba 2,072 sqft , 2026-07-23
306 Bryce Canyon Dr
Park Place Ph 3
$535,000 $176 4 bd / 3 ba 3,040 sqft , 2026-05-22
105 Bluejack Pl
Park Oaks Ph 1 Rsb
$539,900 $249 3 bd / 3 ba 2,172 sqft , 2026-06-24
601 C-Bar Ranch Trl #43
Cross Creek
$499,880 $271 3 bd / 2 ba 1,844 sqft , 2026-05-14
801 Cashew Ln
Forest Oaks Sec 1
$559,000 $183 5 bd / 3 ba 3,059 sqft , 2026-04-24

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
$2,520/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
$104,980
20% conventional investment loan

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

Estimated Gross Rent+$2,520
Principal + Interest−$2,865
Property Tax (~2.1% TX avg)−$919
Insurance (~0.5%)−$219
Est. Monthly Cash Flow $-1,483

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 13, 2026.

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