Active Listing  ·  76 days on market

807 Russet Valley Dr

Cedar Park, TX 78613
$499,300
4 Bed 3 Bath 2,250 sqft $222/sqft Built 1984 0.20 acres 2-Car Garage Pool Buttercup Creek Sec 02 Village 01

Fully remodeled 4-bedroom corner-lot home (with zero carpet!) featuring a flexible floor plan and an incredible backyard retreat with two versatile outbuildings! The main level offers two spacious living areas, including a family room with fireplace and custom built-ins, an oversized second living area, bedroom, powder bath, utility room, and a beautifully renovated kitchen with breakfast area. Upstairs you’ll find the primary suite with a walk-in closet and ensuite bath, two additional bedrooms, and a versatile bonus room off the third bedroom that’s perfect for a home office, gym, media room, playroom, nursery, sitting room, living space, you name it! The backyard is your very own private oasis featuring a spacious covered patio, custom landscaping, built-in Govee exterior lighting, a fully finished 16’ x 16’ studio with electricity and A/C, plus a separate workshop/storage building with electricity. Situated in the heart of Cedar Park, you’ll enjoy convenient access to neighborhood parks, top-rated Leander ISD schools, shopping, dining, and more. This is a one-of-a-kind property that offers the perfect blend of comfort, convenience, and exceptional indoor-outdoor living. (Some photographs have been virtually staged and may depict digital furniture, decor, or enhancements for illustrative purposes only. Buyers are responsible for independently verifying the property’s actual condition, features, finishes, dimensions, and all information provided.)

At $222/sqft, this home is priced in line with the Cedar Park market average of $225/sqft across 207 active listings. View Austin market report →

Location

807 Russet Valley Dr, Cedar Park, TX 78613

Property Details

Price $499,300
Status Active Listing
Beds 4
Full Baths 2
Half Baths 1
Living Area 2,250 sqft
Lot Size 0.20 acres (8,712 sqft)
Year Built 1984
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Buttercup Creek Sec 02 Village 01
County Williamson
Zip Code 78613
$/sqft $222/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $8,173.33
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT241099330
List Date July 24, 2026
Elementary School Ada Mae Faubion
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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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 · July 24, 2026 $538,900
Previous ask $509,900
Current ask $499,300
▼ Reduced $39,600 (-7.3%) 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
1816 Harvest Bend Ln
Red Oaks Sec 3
$495,000 $226 3 bd / 2 ba 2,188 sqft , 2026-07-07
1409 Deer Horn Dr
Buttercup Creek Ph 04 Sec 01-2 Amd
$475,000 $182 4 bd / 3 ba 2,615 sqft , 2026-05-21
1309 Rambling Cv
Buttercup Creek Sec 03 Village 02
$475,000 $221 4 bd / 3 ba 2,150 sqft , 2026-07-17
1115 Thistle Trl
Buttercup Creek Sec 02 Village 09
$524,900 $218 4 bd / 3 ba 2,409 sqft , 2026-08-20
404 Buttercup Creek Blvd #20
Buttercup Villas
$450,000 $190 4 bd / 3 ba 2,363 sqft , 2026-07-24

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
$2,397/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
$99,860
20% conventional investment loan

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

Estimated Gross Rent+$2,397
Principal + Interest−$2,725
Property Tax (~2.1% TX avg)−$874
Insurance (~0.5%)−$208
Est. Monthly Cash Flow $-1,410

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 September 16, 2026.

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