Active Listing  ·  127 days on market

3118 MEDIA Dr

Cedar Park, TX 78641
$849,500
5 Bed 4 Bath 4,248 sqft $200/sqft Built 2017 0.24 acres 3-Car Garage Pool Caballo Ranch

The Mansion Treehouse — a one-of-a-kind Cedar Park home thoughtfully designed around a magnificent mature oak tree, creating a living experience unlike anything else on the market.

Designed for households that need room to work, gather, entertain, and unwind, this Scott Felder home offers flexible living spaces rarely found in today's market. Start your day in the dedicated home office overlooking tranquil pond views, host memorable holiday dinners in the spacious formal dining room, and enjoy everyday living in a home where nature becomes part of the experience.

The primary suite is conveniently located on the main level and features oak tree views through oversized bay windows. Unwind in the spa-inspired bath complete with a garden tub and jet shower system designed for relaxation after a long day.

Upstairs, the game room and media room create the perfect setting for movie nights, game days, and gatherings with family and friends. Throughout the home, large windows frame views of the property's signature oak tree, adding character and warmth that simply cannot be replicated.

Step outside to a covered patio plumbed for a future outdoor kitchen, ideal for year-round entertaining. The thoughtfully designed xeriscape landscaping offers beauty with minimal maintenance, while raised garden planters provide space for herbs, vegetables, or seasonal flowers. As evening falls, ambient landscape lighting transforms the backyard into a peaceful retreat.

Located in the heart of Cedar Park with access to highly acclaimed Leander ISD, community amenities, shopping, dining, and major commuter routes, The Mansion Treehouse offers a rare combination of space, character, and lifestyle.

Come experience why we call it The Mansion Treehouse.

At $200/sqft, this home is 13% 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

3118 MEDIA Dr, Cedar Park, TX 78641

Property Details

Price $849,500
Status Active Listing
Beds 5
Full Baths 3
Half Baths 1
Living Area 4,248 sqft
Lot Size 0.24 acres (10,537.16 sqft)
Year Built 2017
Garage 3 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Caballo Ranch
County Williamson
Zip Code 78641
$/sqft $200/sqft
Days on Market ,
HOA $160/Quarterly
Annual Tax Est. $17,425.41
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT225821199
List Date April 11, 2026
Elementary School Akin
Middle School Stiles
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.

Schedule a Call →

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 · April 11, 2026 $875,000
Current ask $849,500
Reduced $25,500 (-2.9%) 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
2304 Vaquero Cv
Caballo Ranch Sec 5
$899,000 $255 4 bd / 5 ba 3,528 sqft , 2026-06-12
1711 Manada Trl
Caballo Ranch Sec 02
$799,000 $224 4 bd / 4 ba 3,564 sqft , 2026-05-20
2305 Millbrook Loop
Pecan Crk Ph 1
$699,900 $185 4 bd / 4 ba 3,783 sqft , 2026-07-23
2709 STEECE Way
Pecan Crk Ph 5
$619,900 $201 4 bd / 3 ba 3,090 sqft , 2026-05-17
103 County Road 180 None #35
Reserve/Caballo Ranch
$600,000 $205 4 bd / 3 ba 2,932 sqft , 2025-12-04

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
$4,078/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
$169,900
20% conventional investment loan

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

Estimated Gross Rent+$4,078
Principal + Interest−$4,636
Property Tax (~2.1% TX avg)−$1,487
Insurance (~0.5%)−$354
Est. Monthly Cash Flow $-2,399

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 10, 2026.

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