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$2,208,545

191 N Cedar Creek Dr, TX, 78612

$2,871,109 ARVInfo
On MarketInfo
Beds3 Beds
Baths2 Bath
Baths4,912 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$449.62 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Must-SellDeal ListARV FlipAbsentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2

Exterior

Lot Size1 acre

Building Information

Year Built1998
Stories1

Land Information

APNR118147
Lot Number3
SubdivisionMartin Estates
Land UseResidential
Legal DescriptionMARTIN ESTATES LOT 3, 1.000 ACRES (MH 28X52, S/N TXFLW86A/B30706CE12, L/N RAD1042710/711)
Census Tract950303
Assessed Land Value$135,000
Assessed Improvement Value$49,020
Assessment Year2025

About this property

Discover an extraordinary 21-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. Neighboring tracks for sale as well if wanting more land. Schedule a private showing to experience the scale and quality of this rare offering.

Investor Tools

$0Estimated Mortgage Balance
$264,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$2,871,109
Rent-to-Value Ratio: 0.72%
Rent Estimate
$13,251 /month
Positive
Cash Flow Estimate:
$4,417 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$355/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,937
$184,020
2025
$135,000
$49,020
$184,020
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,937
$184,020

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$200,000
100%
0%
$0/mo

City: Cedar Creek

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