Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
—
Last 24 HoursLast 24 Hours
ARV Flip List
ARV Flip List
  • Properties with flip potential and high ARV margins
Pre-Foreclosure List
Pre-Foreclosure List
  • Homes with notice of default or impending auction
Auction List
Auction List
  • Real estate scheduled for county or online auction
Deals List
Deals List
  • Discounted properties priced below market value
Must Sell List
Must Sell List
  • Highly motivated sellers looking for fast closings
Off-Market List
Off-Market List
  • Exclusive off-market opportunities not found on MLS

$325,823

NAL Estimated Property Value

148 Grandfather Rd, Cedar Creek, TX, 78612

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,100 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$296.25 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

BankruptcyOff-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size1.50 acres

Building Information

Year Built1983
Stories1

Land Information

APNR73545
SubdivisionBlakey, Nancy
Land UseResidential
Legal DescriptionA98 BLAKEY, NANCY, ACRES 1.5000
Census Tract950303
Assessed Land Value$202,500
Assessed Improvement Value$123,323
Assessment Year2025

About this property

Exclusive 1.5-Acre Ranch-Style Retreat - Unrestricted Freedom in Bastrop County. Embark on serene country living with this beautifully remodeled ranch home, spanning 1,100 sq ft on a sprawling 1.5-acre expanse with no restrictions. This 2 bedroom, 2 bath abode is a blend of modern comforts and rustic allure. Revel in a dream kitchen featuring custom-built cabinets that offer both elegance and practicality. Recently, the home has undergone extensive updates: Both bathrooms stylishly remodeled (2021); Plush carpeting and easy to keep linoleum flooring throughout (2022); Durable and attractive siding & skirting (2021); Fresh, inviting interior paint (2022); Appliances installed (2022); Welcoming interior and exterior doors (2021). A comprehensive list of updates is detailed in the MLS for convenience. The outdoors beckons with a fully fenced backyard, perfect for play and relaxation, and the majority of the property is fenced—ideal for equestrian lovers to bring their horses. Delve into creative projects or store your treasures in the expansive workshop that has electricity available and two additional storage buildings. Savor the quiet life on a secluded road that clasps the countryside, yet stay connected with unbeatable proximity to key locations. Just a short drive from Tesla, The Boring Company, and the airport, this property combines tranquility with accessible amenities. Nestled between the vibrant hubs of Austin and Bastrop, and with swift access to Hwy 71 and the toll road, convenience is redefined.

Investor Tools

Property Icon
$325,823
Estimated Property Value
$313,781Estimated Mortgage Balance
$12,505Estimated Equity
3% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,955 /month
Positive
Cash Flow Estimate:
$652 /month

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$313/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,128
$325,823
2025
$202,500
$123,323
$325,823
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,128
$325,823

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Pennymac Loan Services Llc
Fha
$316,073
Yes
First
Nov 15, 2025
Dec 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$313,781
$12,042
3%
96%
$1,896/mo

City: Cedar Creek

148 Grandfather Rd | Property Details | No Agent List