Active Listing  ·  132 days on market

5050 Fm 535 None

Cedar Creek, TX 78612
$625,000
4 Bed 3 Bath 2,856 sqft $219/sqft Built 1983 2.45 acres 2-Car Garage Pool Bymer, Bernard

No restrictions! If you’ve been craving something with soul… this is it.

5050 FM 535 is giving 1970s energy in the best way: warm wood tones, eye-catching architectural design and textures you don’t see anymore (especially out here). It’s the kind of home that feels collected over time, not cookie-cutter.

Inside, you’re welcomed by floor-to-ceiling wood paneling, built-in shelving, and design details that feel intentional to the era. It’s warm, it’s layered, it’s inviting. The kitchen has been refreshed with wood countertops, an updated backsplash, and new fixtures. The hardwood floors were updated recently.

Upstairs, the primary suite feels like its own retreat. There’s plenty of room for a reading nook or cozy sitting area, plus access to a private balcony overlooking the backyard. And the primary bathroom? You'll notice details that preserve the time period, like the baby blue tile and clawfoot tub moment.

Step outside and take in the expansive 2.45 acres. A covered back deck made for slow mornings with coffee, oversized garden beds ready for harvesting your veggies and herbs, and a chicken + duck coop for anyone leaning into a little homestead lifestyle. Two large sheds convey (one with electricity), giving you space to create, store, or tinker.

All of this, tucked into a quieter lifestyle while still being about 35 minutes to Austin when you crave city energy.

This home has a ton of personality, space to grow, and just the right amount of charm.

At $219/sqft, this home is 22% below the Cedar Creek active market average of $280/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

5050 Fm 535 None, Cedar Creek, TX 78612

Property Details

Price $625,000
Status Active Listing
Beds 4
Full Baths 3
Half Baths ,
Living Area 2,856 sqft
Lot Size 2.45 acres (106,722 sqft)
Year Built 1983
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Bymer, Bernard
County Bastrop
Zip Code 78612
$/sqft $219/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $10,332.36
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT223305702
List Date March 25, 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
165 Wild Horse Dr
Silverleaf
$619,732 $192 5 bd / 4 ba 3,229 sqft , 2026-07-07
121 Booted Eagle Claw Cv
Double Eagle Ranch
$612,990 $268 4 bd / 3 ba 2,285 sqft , 2026-03-20
109 Booted Eagle Claw Cv
Double Eagle Ranch
$642,990 $260 4 bd / 3 ba 2,474 sqft , 2026-03-06
104 Harris Hawk Cv
Double Eagle Ranch Sec 1
$600,000 $221 4 bd / 3 ba 2,714 sqft , 2026-07-11
185 Pecos St
Double Eagle Ranch
$659,990 $238 4 bd / 3 ba 2,770 sqft , 2026-07-29

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
$3,000/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
$125,000
20% conventional investment loan

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

Estimated Gross Rent+$3,000
Principal + Interest−$3,411
Property Tax (~2.1% TX avg)−$1,094
Insurance (~0.5%)−$260
Est. Monthly Cash Flow $-1,765

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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