Active Listing  ·  33 days on market

700 Mandarin Flyway Way #1604

Cedar Park, TX 78613
$305,000
2 Bed 3 Bath 1,746 sqft $175/sqft Built 2008 0.03 acres 2-Car Garage Pool Silver Oak Twnhms

Motivated sellers, bring offers. Move-In Ready Corner Unit with Private Yard & Flex Space!

Welcome to this spacious, light-filled 2008-built corner condo offering a functional layout, two large bedrooms, and a versatile upstairs loft. Need a 3rd bedroom? The loft can easily be converted into a bedroom by adding a wall and door (matching the 1,746 sq. ft. floor plan)!

Interior Upgrades & Layout:

Updated with modern luxury vinyl plank flooring throughout (2026), recently replaced Trane AC 3/2024. The main level features an open living area and kitchen with granite countertops and a sleek backsplash. Upstairs, you'll find a primary and a secondary bedrooms, the laundry room, and a primary bath featuring a recently updated frameless glass shower and modern tiles.

Parking & Outdoor Space:

Enjoy a private, fenced backyard—a rare find in condo living—plus a true, oversized 2-car garage with additional driveway parking out front. Refrigerator and dryer in garage convey!

Community & Location:

Nestled in a quiet community featuring greenbelts and a newly replaced roof. Zoned for top-rated Leander ISD and within walking distance to Brushy Creek Park & Trails.

Low-maintenance living at its finest: HOA covers water, sewer, trash, exterior maintenance, exterior insurance, exterminator, and landscaping!

At $175/sqft, this home is 21% 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

700 Mandarin Flyway Way #1604, Cedar Park, TX 78613

Property Details

Price $305,000
Status Active Listing
Beds 2
Full Baths 2
Half Baths 1
Living Area 1,746 sqft
Lot Size 0.03 acres (1,176.12 sqft)
Year Built 2008
Garage 2 spaces
Stories ,
Type Residential · Condominium
Subdivision Silver Oak Twnhms
County Williamson
Zip Code 78613
$/sqft $175/sqft
Days on Market ,
HOA $360/Monthly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT243959908
List Date August 21, 2026
Elementary School Ronald Reagan
Middle School Canyon Ridge
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.

Schedule a Call →

Price History

How This Ask Has Moved

Original list price versus what this home is asking today. Straight from the ACTRIS MLS feed, no interpretation.

Original ask · August 21, 2026 $325,000
Previous ask $315,000
Current ask $305,000
Reduced $20,000 (-6.2%) from original ask

Source: ACTRIS MLS. Price change timestamp reflects the most recent adjustment on record; the feed does not expose intermediate steps between the original ask and today's ask.

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
700 Mandarin Flyway None #1301
Silver Oak Twnhms
$295,000 $169 2 bd / 3 ba 1,746 sqft , 2026-09-19
700 Mandarin Flyway None #1603
Silver Oak Twnhms
$315,000 $198 2 bd / 3 ba 1,590 sqft , 2026-09-09
700 Mandarin Flyway None #2004
Silver Oak Townhomes
$324,900 $202 2 bd / 3 ba 1,609 sqft , 2026-05-13
401 Buttercup Creek Blvd #303
Buttercup Twnhms Bldg 16
$284,999 $213 3 bd / 3 ba 1,341 sqft , 2026-08-06
700 Mandarin Flyway None #2002
Silver Oak Twnhms
$328,000 $198 2 bd / 3 ba 1,653 sqft , 2026-05-16

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
$1,464/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
$61,000
20% conventional investment loan

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

Estimated Gross Rent+$1,464
Principal + Interest−$1,665
Property Tax (~2.1% TX avg)−$534
Insurance (~0.5%)−$127
Est. Monthly Cash Flow $-862

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

More Luxury Homes in Cedar Park

Loading…
View All Luxury Homes →
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 September 17, 2026.

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