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$621,045

NAL Estimated Property Value

1603 Michael Robert Way, Cedar Park, TX, 78613

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,951 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$230.4 / sqft
Year BuiltBuilt in 1999

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesBuilt-In Gas Oven, Built-In Gas Range, Cooktop, Dishwasher, Disposal, Gas Cooktop, Gas Range
FlooringCarpet, Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesPrivate Yard

Building Information

Year Built1999
Stories2
Garage Spaces2

Land Information

APNR-17-W311-490E-0047-0008
Lot Number47
SubdivisionButtercup Creek
Land UseResidential
Legal DescriptionS6879 - BUTTERCUP CREEK PH 4 SEC 9, BLOCK E, LOT 47
Census Tract020326
Assessed Land Value$85,500
Assessed Improvement Value$535,545
Assessment Year2025

About this property

This gorgeous home located in private cul-de-sac offers perfect inside and outside entertaining. Custom designed chef’s gourmet kitchen with Thermador 48” free standing gas convection oven w/ 6 burner top, full oven, custom solid wood cabinets, and immense storage and functionality. Includes beautiful butler’s pantry, soft close cabinets and drawers, and under and above cabinet wired lighting. Crown molding throughout. Large Primary bedroom with huge walk in closet. Flexible oversized living area upstairs with brand new carpet and great storage; perfect for office, media, playroom or combination of all. Seller has extra carpet that could be used to carpet the stairs. New AC installed Jan 2023 and 4-year-old roof. 2 car garage is insulated with extensive workspace and storage area. Enjoy the serene, oversized lot with beautiful oak trees, covered outdoor living with mounted tv, extended patio with exterior lighting, meticulous landscaping, and elevated barbecue grill area. New Leaf Guard gutters, professional landscaping, drip irrigation and storage shed add more value to the exterior. This perfect location in LISD school district is under 2 miles to Westside Elementary, CP Middle and High Schools, and offers several private and charter school options. Enjoy 3 HOA private pools (one with splashpad), and walking distance to Milburn Park with mile granite path, BMX track, climbing wall, pool, sand volleyball courts, and BBQ grills. 2.7 Miles to the new Bell District in Cedar Park, with new library, and extensive Farmer’s Market.

Investor Tools

Property Icon
$621,045
Estimated Property Value
$531,298Estimated Mortgage Balance
$91,364Estimated Equity
14% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,079 /month
Positive
Cash Flow Estimate:
$1,360 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,063/month
$360/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,652
$621,045
2025
$85,500
$535,545
$621,045
No

Tax History

Year
Tax Paid
Assessed Value
2025
$9,652
$621,045

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$540,000
No
First
Apr 2, 2025
May 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$531,298
$92,702
14%
86%
$3,238/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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1603 Michael Robert Way | Property Details | No Agent List