Active Listing  ·  29 days on market

595 Old Mill Rd #206

Cedar Park, TX 78613
$550,000
4 Bed 4 Bath 2,228 sqft $247/sqft Built 2024 0.05 acres 2-Car Garage Pool Park Place At Old Mill Rd

Move-in ready, nearly new, and perfectly placed. This stylish condo home in Park Place at Lakeline delivers the freedom of low-maintenance living without sacrificing space, comfort, or location. Just outside the community, a neighborhood trail connects directly to Lakeline Park, where miles of hike and bike trails, kayaking, playgrounds, and lakeside sunsets are part of everyday life.

The Barton floor plan by Prime Haven Homes offers over 2,200 square feet with 4 bedrooms, 3.5 baths, and a layout that adapts beautifully to the way you live. Picture windows fill the open-concept main level with natural light and peaceful tree views, while tall ceilings, luxury vinyl plank flooring, recessed lighting, and a crisp neutral palette create an inviting backdrop for any style. The island kitchen keeps everyone connected with quartz countertops, stainless steel appliances, contemporary cabinetry with built-in pantry storage, designer tile backsplash, and seating for four. Sliding glass doors open to a private patio overlooking HOA-maintained green space.

The main-floor primary suite enjoys wooded views, a walk-in closet, and a beautifully finished bath with dual vanity, frameless glass shower, and clerestory windows that flood the space with light while preserving privacy. Upstairs, a spacious second living area is joined by a junior suite with its own bath and walk-in closet, plus two additional bedrooms, a full bath, and conveniently located laundry.

A two-car garage wired for an EV charger, generous driveway, and lush HOA-maintained landscaping add everyday convenience, with a gated neighborhood park right next door. HOA dues cover sewer, trash, exterior irrigation, and landscaping. Sprouts, H-E-B, H Mart, Lakeline Station, shopping, dining, Costco, The Bell District, The Good Lot, and more are all just minutes away. Space, convenience, and an incredible location – this one deserves a spot of your must-see list!

At $247/sqft, this home is priced 8% above the Cedar Park active market average of $229/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

595 Old Mill Rd #206, Cedar Park, TX 78613

Property Details

Price $550,000
Status Active Listing
Beds 4
Full Baths 3
Half Baths 1
Living Area 2,228 sqft
Lot Size 0.05 acres (2,178 sqft)
Year Built 2024
Garage 2 spaces
Stories ,
Type Residential · Townhouse
Subdivision Park Place At Old Mill Rd
County Williamson
Zip Code 78613
$/sqft $247/sqft
Days on Market ,
HOA $258/Monthly
Annual Tax Est. $14,232.52
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT239836756
List Date July 16, 2026
Elementary School Reed
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
2605 Oakwood Glen Dr
Oakwood Glen Sub
$530,000 $206 4 bd / 3 ba 2,570 sqft , 2026-04-03
1306 Shady Grove Path
Buttercup Creek Sec 03 Village 02
$524,900 $216 4 bd / 3 ba 2,427 sqft , 2026-06-03
1309 Rambling Cv
Buttercup Creek Sec 03 Village 02
$519,000 $241 4 bd / 3 ba 2,150 sqft , 2026-07-17
1816 Harvest Bend Ln
Red Oaks Sec 3
$499,000 $228 3 bd / 2 ba 2,188 sqft , 2026-07-07
2305 Little Elm Trl
LAKELINE OAKS SEC 5
$489,000 $176 4 bd / 3 ba 2,776 sqft , 2026-05-20

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
$2,640/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
$110,000
20% conventional investment loan

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

Estimated Gross Rent+$2,640
Principal + Interest−$3,002
Property Tax (~2.1% TX avg)−$963
Insurance (~0.5%)−$229
Est. Monthly Cash Flow $-1,554

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 9, 2026.

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