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$488,000

NAL Estimated Property Value

1501 Edelweiss Dr, Cedar Park, TX, 78613

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,110 Sq Ft
price_per_sqft$236.49 / sqft
Year BuiltBuilt in 1994

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDryer, Dishwasher, Free Standing Gas Range, Gas Oven, Gas Range, Gas Water Heater, Ice Maker, Microwave, Water Purifier Owned, Refrigerator, Water Softener Owned, Stainless Steel Appliances, Water Softener, Water Purifier, Washer
FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesGarden, No Exterior Steps, Private Yard, Rain Gutters

Building Information

Year Built1994
Stories1
Garage Spaces2

Land Information

APNR-17-W322-402D-B001-0008
Lot Number1
SubdivisionCypress Bend
Land UseResidential
Legal DescriptionCYPRESS BEND SEC 2, PH B, BLOCK D, LOT 1
Census Tract020326
Assessed Land Value$98,500
Assessed Improvement Value$360,990
Assessment Year2025

About this property

This is more than a home, it’s the Cedar Park lifestyle. Nestled next to a beloved 42-acre City Park, Milburn Park, this spacious one-story gem offers 4 bedrooms, 2 full baths, and effortless low-maintenance living in one of the city’s most sought-after neighborhoods. Corner lot feels private and spacious. Step outside your door and into a lifestyle of convenience and community. Imagine morning jogs or evening strolls along Milburn Park’s scenic trail. Enjoy summer concerts, movie in the park, July 4th fireworks, and splashing afternoons at the pool. Sports enthusiasts will love the sand volleyball, tennis courts, covered basketball courts, BMX track and sports fields - all just steps away. There are also 2 playgrounds and a community garden. Within one mile, enjoy walkable access to top-rated schools, local coffee shops, grocery, fitness center, restaurants, and more. Lakeline area is just minutes away with everything you need. This ideal Cedar Park location offers small town charm with big city conveniences. Inside, the home welcomes you with a thoughtful layout and generous living spaces ideal for relaxing or entertaining. If you’re looking for comfort, convenience, and community, this is the home you’ve been waiting for! No hail damage to worry about here with a 2024 metal roof! All exterior siding and trim replaced in 2023 with Hardi, including chimney surround. Full Gutters. 14 Solar Panels - Paid Off - Electric costs (3/24 to 4/25) was approximately $638 total for the year! Attic has a radiant barrier and 3 solar powered attic fans to keep temperature in the attic at max 85 degrees for energy efficiency. Pelican/Pentair whole house water system with water softener, water purifier, carbon filter and fluoride remover. Sprinkler system. Low maintenance, energy efficient home. Primary bedroom windows replaced in 2018. Kitchen and family room windows and patio door replaced in 2021. Updated kitchen and flooring.

Investor Tools

Property Icon
$488,000
Estimated Property Value
$397,100Estimated Mortgage Balance
$91,486Estimated Equity
16% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,994 /month
Positive
Cash Flow Estimate:
$998 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$546/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,107
$459,490
2025
$98,500
$360,990
$459,490
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,107
$459,490

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
University Fcu
Conventional
$200,000
No
First
Nov 21, 2025
Dec 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$397,100
$78,900
16%
81%
$2,400/mo

City: Cedar Park

1501 Edelweiss Dr | Property Details | No Agent List