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$557,243

NAL Estimated Property Value

1601 Michael Robert Way, Cedar Park, TX, 78613

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,614 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$219.97 / sqft
Year BuiltBuilt in 1999

Property Lead Type:

BankruptcyOff-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesBuilt-In Electric Oven, Convection Oven, Dishwasher, Disposal, Gas Cooktop, Microwave, Self Cleaning Oven, Stainless Steel Appliance(s), Water Heater
FlooringCarpet, Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters

Building Information

Year Built1999
Stories2
Garage Spaces2

Land Information

APNR-17-W311-490E-0048-0008
Lot Number48
SubdivisionButtercup Creek
Land UseResidential
Legal DescriptionS6879 - BUTTERCUP CREEK PH 4 SEC 9, BLOCK E, LOT 48
Census Tract020326
Assessed Land Value$85,500
Assessed Improvement Value$471,743
Assessment Year2025

About this property

Freshly Updated + Hot Location! This Westside at Buttercup Creek gem sits on a quiet cul-de-sac corner lot and blends style, function, and convenience. What you'll love: You’ll find hardwood and modern tile floors on the main level, brand-new carpet upstairs, and a super-sleek kitchen with Quartz counters, stainless appliances, a trendy backsplash, and a bright breakfast nook. The spacious primary suite features TWO walk-in closets and a spa-inspired bath with an oversized shower and dual vanities. A flexible floorplan offers a game room plus a formal dining that easily converts to a home office. Fresh paint, modern lighting, updated fixtures, new water heater, and beautiful landscaping make it move-in ready. Enjoy three private neighborhood pools (one with splash pad) plus walkable access to Milburn Park. Zoned to top-rated Leander ISD schools and just 2.7 miles to Cedar Park’s new Bell District with library, Farmers Market, dining, and more.

Investor Tools

Property Icon
$557,243
Estimated Property Value
$374,725Estimated Mortgage Balance
$183,841Estimated Equity
34% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,450 /month
Positive
Cash Flow Estimate:
$1,150 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$498/month
$360/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,194
$557,243
2025
$85,500
$471,743
$557,243
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,194
$557,243

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Frost Bank
Credit Line (Revolving) / Heloc
$400,000
No
First
Oct 21, 2022
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$374,725
$194,275
34%
67%
$2,399/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Cedar Park

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1601 Michael Robert Way | Property Details | No Agent List