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$215,000

148 Maegan Ln, Cedar Creek, TX, 78612

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,344 Sq Ft
ManufacturedHomeManufacturedHome
price_per_sqft$159.97 / sqft
Year BuiltBuilt in 1998

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesElectric Oven
FlooringSee Remarks, Vinyl

Exterior

Private PoolPrivate Pool
Exterior FeaturesNone
Lot Size1.44 acres

Building Information

Year Built1998
Stories1

Land Information

APNR64205
Lot Number34
SubdivisionS6144 - Heritage Oaks Sec 2
Land UseResidential
Legal DescriptionHERITAGE OAKS SEC 2, BLOCK F, LOT 34, MH SERIAL # HOT08808165 LABEL # NTA817532, ACRES 1.4350
Census Tract950804
Assessed Land Value$145,372
Assessed Improvement Value$81,026
Assessment Year2025

About this property

Welcome to 148 Maegan Lane in Cedar Creek, Texas—a rare opportunity to own a charming 3-bedroom, 2-bath home situated on approximately 1.4 UNRESTRICTED acres. This property offers the perfect blend of country living and convenience, giving you the freedom to enjoy your land with NO HOA or restrictions. The spacious homesite provides plenty of room for outdoor activities, gardening, animals, workshops, RV parking, or future improvements. Conveniently located between Bastrop and Austin, you'll enjoy easy access to shopping and dining while still experiencing the peace and privacy of rural Texas living. Whether you're looking for a primary residence, investment property, or a place to create your own homestead, this Cedar Creek property offers endless possibilities. Don't miss your chance to enjoy unrestricted country living with the convenience of nearby city amenities. Call me for a tour.

Investor Tools

$51,210Estimated Mortgage Balance
$230,930Estimated Equity
80% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,692 /month
Positive
Cash Flow Estimate:
$564 /month

Interested in this property?

Rey Mata

Land Up Realty & Investments

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$196/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$939
$226,398
2025
$145,372
$81,026
$226,398
No

Tax History

Year
Tax Paid
Assessed Value
2024
$939
$226,398

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Khaleel S Sayyed
Seller Carryback / Seller Financing / Seller Take-Back
$65,000
No
First
May 16, 2016
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$51,210
$216,790
80%
18%
$390/mo

City: Cedar Creek