Active Listing  ·  21 days on market

807 Russet Valley Dr

Cedar Park, TX 78613
$538,900
4 Bed 3 Bath 2,250 sqft $240/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 $240/sqft, this home is priced 5% 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

807 Russet Valley Dr, Cedar Park, TX 78613

Property Details

Price $538,900
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 $240/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.

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
105 Bluejack Pl
Park Oaks Ph 1 Rsb
$539,900 $249 3 bd / 3 ba 2,172 sqft , 2026-06-24
1503 Warren Cv
Buttercup Creek Ph 04 Sec 03
$542,000 $235 4 bd / 3 ba 2,311 sqft , 2026-05-26
1801 Shooting Star Cv
Ranch At Cypress Creek
$549,000 $222 4 bd / 3 ba 2,468 sqft , 2026-08-13
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

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
$2,587/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
$107,780
20% conventional investment loan

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

Estimated Gross Rent+$2,587
Principal + Interest−$2,941
Property Tax (~2.1% TX avg)−$943
Insurance (~0.5%)−$225
Est. Monthly Cash Flow $-1,522

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 August 10, 2026.

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