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$500,000

12 Acres Mt. Pleasant, Cedar Creek, TX, 78612

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About this property

Tucked into Cedar Creek along Mt. Pleasant Road, this gorgeous 12-acre unrestricted tract offers the kind of land that is increasingly difficult to find this close to Austin. Mature trees, including impressive sprawling oaks, create a beautiful canopy throughout portions of the property, complemented by open areas, established access and a remarkable variety of terrain and vegetation. With approximately 290 feet of road frontage, no floodplain, an agricultural valuation currently in place, an Aqua Water line available and electricity nearby, the property offers an exceptional canvas for a custom home, private retreat, recreational property, investment or future development potential. Driveway and initial infastructure in place. The long tract configuration provides room to create privacy away from the road while maintaining convenient access. Located in the Cedar Creek area between Austin and Bastrop with convenient access to SH 71 and the greater southeast Austin employment corridor, including Tesla, Circuit of the Americas and Austin-Bergstrom International Airport.

Investor Tools

$0Estimated Mortgage Balance
$500,000Estimated Equity
100% equity
Estimated Cap Rate
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Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,000 /month
Positive
Cash Flow Estimate:
$1,000 /month

Interested in this property?

Megan Turnipseed

Keller Williams Realty Lone St

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
No HOA
5.947%

City: Cedar Creek