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$698,488

NAL Estimated Property Value

185 Billingsley Hts, Cedar Creek, TX, 78612

Off MarketInfo
Beds6 Beds
Baths4 Bath
Baths4,085 Sq Ft
price_per_sqft$170.13 / sqft
Year BuiltBuilt in 2003

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 6Bedrooms 6
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDryer, Dishwasher, Exhaust Fan, Electric Water Heater, Free Standing Electric Range, Disposal, Microwave, Refrigerator
FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesExterior Steps, Garden, Private Yard, Rain Gutters
Lot Size5.49 acres

Building Information

Year Built2003
Stories2
Roof Type105
Garage Spaces2

Land Information

APNR90358
Lot Number37
SubdivisionS8042 - The Homestead On Hobbs Creek Pha
Land UseResidential
Legal DescriptionTHE HOMESTEAD ON HOBBS CREEK PHASE TWO, BLOCK B, LOT 37, ACRES 5.4930
Census Tract950303
Assessed Land Value$299,561
Assessed Improvement Value$398,927
Assessment Year2025

About this property

An absolute dream property in Cedar Creek! This is your chance to own your very own woods!! This 5+ acre lot has trails to explore, clearings to enjoy, and a wet weather creek at the back of the property. Enjoy sharing your yard with wildlife, serenity abounds, adventure awaits! In addition to the wooded portion of the property, the back yard adjoining the home is level and clear with covered and uncovered decks, a large, wooden storage shed, raised bed gardens, water storage containers, handmade wooden gates, and so many more amazing features! And if the property itself weren't enough, this home is gigantic! Over 4,000 sq ft! 6 large bedrooms, 3 full baths+1 half bath, 3 living spaces (including an oversized loft with tons of shelving), 2 dining spaces (including a built-in kitchen table nook), updated flooring and paint, this home is immaculate. The roof, HVAC, and water heater have all been replaced in approximately the last 5 years. Approximately 15 min to Bastrop, 15 min to The Boring Company, 35 min to Tesla, 28 min to the Austin-Bergstrom airport, 42 min to downtown Austin. Truly- this home is so special and rare. Come explore and see if this Cedar Creek property is your next adventure! (Be sure to check out the 3D Matterport Tour!)

Investor Tools

Property Icon
$698,488
Estimated Property Value
$0Estimated Mortgage Balance
$698,488Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,191 /month
Positive
Cash Flow Estimate:
$1,397 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$782/month
$60/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,896
$698,488
2025
$299,561
$398,927
$698,488
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,896
$698,488

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$698,488
100%
0%
$0/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 Creek

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185 Billingsley Hts | Property Details | No Agent List