Active Listing  ·  28 days on market

606 Prize Oaks Dr

Cedar Park, TX 78613
$390,000
3 Bed 2 Bath 1,726 sqft $226/sqft Built 1986 0.28 acres 2-Car Garage Pool Quarry Oaks Amd

Nestled beneath a canopy of mature trees on a spacious lot, this charming one-story home offers the perfect blend of comfort, privacy, and opportunity. With 3 bedrooms, 2 bathrooms, and 1,726 square feet, this home features a functional layout ready for its next owner's personal touch.

The inviting living area is filled with natural light, enhanced by skylights that brighten the home's interior. The kitchen and dining areas flow seamlessly, creating a great space for everyday living or entertaining. The primary suite offers a private retreat, while two additional bedrooms provide flexibility for family, guests, or a home office.

Step outside and discover one of the property's hidden gems—a detached climate-controlled flex space complete with electricity and a window A/C unit. Whether you envision a workshop, home office, art studio, fitness room, hobby space, or game room, this versatile bonus building offers endless possibilities.

The backyard is shaded by towering mature trees, creating a peaceful setting with plenty of room to relax, garden, or entertain. There is no HOA, giving you the freedom to truly make this property your own.

Additional highlights include all underground utilities with no overhead power lines, preserving the neighborhood's natural beauty and open views. The property also features a fire hydrant on-site, which may qualify the homeowner for an insurance discount (buyer to verify with their insurance provider). Two skylights add warmth and natural light, making the home feel bright and inviting.

Located in an established neighborhood with convenient access to shopping, dining, parks, major employers, and commuter routes, this home combines an exceptional location with endless potential. Whether you're a first-time buyer, downsizing, or looking for your next investment opportunity, this property is ready for your vision. Come see the possibilities and imagine the future you can create here!

At $226/sqft, this home is priced in line with the Cedar Park market average of $230/sqft across 263 active listings. View Austin market report →

Location

606 Prize Oaks Dr, Cedar Park, TX 78613

Property Details

Price $390,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,726 sqft
Lot Size 0.28 acres (12,340.55 sqft)
Year Built 1986
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Quarry Oaks Amd
County Williamson
Zip Code 78613
$/sqft $226/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $6,236.2
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT239741051
List Date July 18, 2026
Elementary School Lois F Giddens
Middle School Running Brushy
High School Cedar Park
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
1218 Highland Dr
Crossing At Carriage Hills Sec 7
$399,999 $186 4 bd / 2 ba 2,145 sqft , 2026-06-25
1806 Carriage Hills Trl
Carriage Hills 3 Sec 3
$375,000 $162 4 bd / 3 ba 2,313 sqft , 2026-07-20
1232 Brashear Ln
Crossing at Carriage Hills
$359,995 $220 3 bd / 3 ba 1,635 sqft , 2026-06-16
1618 Abbey Ln
Carriage Hills 2 Sec 5
$359,000 $206 3 bd / 2 ba 1,743 sqft , 2026-06-18
2012 Hawksbury Way
Carriage Hills 3 Sec 3
$347,500 $230 3 bd / 2 ba 1,508 sqft , 2026-06-11

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
$1,872/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
$78,000
20% conventional investment loan

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

Estimated Gross Rent+$1,872
Principal + Interest−$2,128
Property Tax (~2.1% TX avg)−$683
Insurance (~0.5%)−$163
Est. Monthly Cash Flow $-1,102

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 →