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$3,234,950

187 N Cedar Creek Dr, TX, 78612

On MarketInfo
Beds7 Beds
Baths5 Bath
Baths4,912 Sq Ft
price_per_sqft$658.58 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

BankruptcyAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 7Bedrooms 7
Bathrooms Full 4Bathrooms Full 4
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDryer, Free Standing Gas Range, Freezer, Disposal, Refrigerator, Range Hood, Tankless Water Heater, Wine Refrigerator, Washer
FlooringCarpet, Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony, Gas Grill, Lighting, Outdoor Grill, Private Yard
Lot Size21.27 acres

Building Information

Year Built1983
Stories2
Roof Type105
Garage Spaces2

Land Information

APNR41919
SubdivisionWalters, Jacob
Land UseResidential
Legal DescriptionABS A338 WALTERS, JACOB,21.266 ACRES
Census Tract950303
Assessed Land Value$44,606
Assessed Improvement Value$517,222
Assessment Year2025

About this property

Discover an extraordinary 70-acre luxury estate, painstakingly rebuilt from the studs in 2021–2022 with all-new plumbing, electrical, sheetrock, doors and finishes. This turnkey property blends high-end modern amenities with expansive country privacy. Interior highlights include a chef’s kitchen with Thermador luxury appliance package featuring a 60" range with double oven and a refrigerator/freezer/wine-fridge combo. All new energy efficient windows and doors. New floors throughout; tile on the main living areas (upstairs bedrooms feature carpet flooring). Every surface was updated for comfort and style. Outdoor living is designed for entertaining and relaxation: a 9-foot-deep, fully heated swimming pool with a hot tub, plus a dedicated 500-gallon propane tank for the pool/hot tub and a separate 500-gallon tank serving the house. The covered outdoor kitchen comes equipped with a grill, mini-fridge and a kegerator. An asphalt driveway runs from the street to the house and continues to the barn. The property is fully fenced around the house with drill-stem pipe fencing enclosing a two-acre square for security and privacy. Throughout the land are three scenic ponds, one fully enclosed barn and an additional pole barn ideal for hay or equipment storage—perfect for livestock, hobby farming or equestrian use. This estate is ideal for buyers seeking luxury finishes and modern systems combined with wide-open spaces and agricultural potential. Only 15 minutes from historic downtown Bastrop, 25 mins from the Austin Airport, and 35 minutes from downtown Austin. Schedule a private showing to experience the scale and quality of this rare offering.

Investor Tools

$464,250Estimated Mortgage Balance
$424,589Estimated Equity
55% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$19,410 /month
Positive
Cash Flow Estimate:
$6,470 /month

Interested in this property?

Robert Petmecky

RDP Realty LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,006/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,633
$561,828
2025
$44,606
$517,222
$959,491
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,633
$561,828

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$500,000
No
First
Jul 27, 2022
Aug 2037

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$464,250
$582,750
55%
52%
$2,998/mo

City: Cedar Creek

187 N Cedar Creek Dr | Property Details | No Agent List