Active Listing  ·  131 days on market

320 Pope Bnd S

Cedar Creek, TX 78612
$415,000
3 Bed 2 Bath 1,344 sqft $309/sqft Built 1981 2.50 acres Pool Bastrop County West

*****Up to $15,000 in Seller credit to be used by buyer however needed, closing cost or rate buy down. Bring all offers. Motivated seller.!!!! ********.Discover the perfect blend of charm and practicality in this delightful 3-bedroom, 1.5-bathroom house, a gem that offers much more than just a place to rest your head. Forget the worries of homeowners' associations; here, freedom reigns supreme in a laid-back, no HOA environment. Car enthusiasts and adventurers will revel in the ample parking options with both a carport and an RV cover ready to shelter your prized vehicles from the elements. Step outside to discover a backyard that's not just a yard, but a mini-farm awaiting your touch. With existing sheds for storage or tinkering, and a chicken coop that promises the freshest eggs for breakfast, your green thumb could turn this space into an enviable garden or bustling little homestead. Did we also mention the above ground pool!!!! Inside, find a cozy sanctuary where every corner is infused with warmth and potential. Though the interior square footage holds modest space, the thoughtful layout provides a comfortable living environment that feels just right. Entertain guests in a living space that invites conversations and creates memories, or unwind in your personal quarters where tranquility meets you at the door.

At $309/sqft, this home is priced 10% above the Cedar Creek active market average of $280/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

320 Pope Bnd S, Cedar Creek, TX 78612

Property Details

Price $415,000
Status Active Listing
Beds 3
Full Baths 1
Half Baths 1
Living Area 1,344 sqft
Lot Size 2.50 acres (108,900 sqft)
Year Built 1981
Garage ,
Stories ,
Type Residential · Single Family Residence
Subdivision Bastrop County West
County Bastrop
Zip Code 78612
$/sqft $309/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $3,587.32
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT223774617
List Date March 26, 2026
Elementary School Cedar Creek
Middle School Cedar Creek
High School Cedar Creek
School District ,

Luke Allen (TREC #788149) has deep knowledge of Cedar Creek 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 Creek

Comparable Listings Right Now

Homes currently for sale in Cedar Creek 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
153 Saldana Dr
Thousand Oaks
$415,000 $309 3 bd / 2 ba 1,344 sqft , 2026-07-17
138 Blushing Dr
Arroyo Vista
$449,000 $307 3 bd / 2 ba 1,462 sqft , 2026-01-12
277 Mesquite Dr
Mesquite Acres
$449,500 $250 3 bd / 2 ba 1,800 sqft , 2026-06-18
5644 Fm 535 Rd
Litton, Addison
$450,000 $257 3 bd / 2 ba 1,754 sqft , 2026-05-08
137 Hay Meadow Rd
Martins Meadow Sub
$360,000 $288 4 bd / 2 ba 1,251 sqft , 2026-07-03

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
$1,992/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
$83,000
20% conventional investment loan

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

Estimated Gross Rent+$1,992
Principal + Interest−$2,265
Property Tax (~2.1% TX avg)−$726
Insurance (~0.5%)−$173
Est. Monthly Cash Flow $-1,172

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 Creek, TX

Cedar Creek sits within commuting range of Austin's major tech, manufacturing, and corporate campuses. Approximate drive times from this area:

Tesla Gigafactory 15-25 min E
Apple Campus (Domain) 20-30 min N
Google / Meta / Indeed 10-15 min downtown
Dell Medical School / UT Austin 10-20 min
Samsung Austin Semiconductor 25 min N

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