Active Listing  ·  175 days on market

502 Woodford Dr

Cedar Park, TX 78613
$444,365
5 Bed 3 Bath 2,821 sqft $158/sqft Built 2000 0.14 acres 2-Car Garage Pool Coventry Crossing Sec 02

Welcome to 502 Woodford Drive—a charming and well-maintained home that blends comfort, functionality, and timeless appeal. Nestled in a quiet, established neighborhood, this property offers a warm and inviting atmosphere from the moment you arrive.

Inside, you’ll find a thoughtfully designed layout with spacious living areas, abundant natural light, and a seamless flow that’s perfect for both everyday living and entertaining. The kitchen features ample cabinetry and workspace, making meal preparation a breeze, while the adjoining dining and living areas create a welcoming space for gatherings.

The home boasts comfortable bedrooms with generous closet space, along with well-appointed bathrooms designed for convenience and relaxation. Step outside to enjoy a private backyard—ideal for outdoor dining, gardening, or simply unwinding after a long day.

With its desirable location, functional layout, and inviting character, 502 Woodford Drive presents a wonderful opportunity to enjoy a place you’ll be proud to call home.

This is a SHORT SALE all offers require lender approval

At $158/sqft, this home is 29% below the Cedar Park active market average of $222/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

502 Woodford Dr, Cedar Park, TX 78613

Property Details

Price $444,365
Status Active Listing
Beds 5
Full Baths 2
Half Baths 1
Living Area 2,821 sqft
Lot Size 0.14 acres (6,076.62 sqft)
Year Built 2000
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Coventry Crossing Sec 02
County Williamson
Zip Code 78613
$/sqft $158/sqft
Days on Market ,
HOA $8/Monthly
Annual Tax Est. $8,034.29
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT222455955
List Date April 10, 2026
Elementary School Knowles
Middle School Running Brushy
High School Leander High
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 →

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
1909 Holly Hill Dr
Woods At Crystal Falls Sec 01
$449,500 $174 4 bd / 2 ba 2,580 sqft , 2026-07-21
1410 Tumbling River Dr
Lakeline Ranch Sub
$435,000 $146 4 bd / 4 ba 2,970 sqft , 2026-08-06
2400 White Stallion Way
Lakeline Ranch Ph 07 Amd
$409,000 $176 4 bd / 2 ba 2,321 sqft , 2026-05-22
1116 Wigwam None
Boulders At Crystal Falls Ph 01
$479,900 $168 4 bd / 3 ba 2,862 sqft , 2026-04-16
2709 Saddle Blanket Pl
Lakeline Ranch Sub
$399,000 $160 4 bd / 3 ba 2,488 sqft , 2026-06-12

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
$2,133/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
$88,873
20% conventional investment loan

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

Estimated Gross Rent+$2,133
Principal + Interest−$2,425
Property Tax (~2.1% TX avg)−$778
Insurance (~0.5%)−$185
Est. Monthly Cash Flow $-1,255

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 8, 2026.

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