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$490,000

218 Leisure Ln, Cedar Creek, TX, 78612

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,030 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$245.81 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Microwave, Free-Standing Electric Oven, Refrigerator, Stainless Steel Appliance(s)
FlooringCarpet, Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesPrivate Yard
Lot Size1.68 acres

Building Information

Year Built1983
Stories1
Garage Spaces1

Land Information

APNR75257
Lot Number6
SubdivisionBluebonnet Acres Sec 1
Land UseResidential
Legal DescriptionBLUEBONNET ACRES SEC 1, BLOCK 3, LOT 6 (FR), ACRES 1.678
Census Tract950303
Assessed Land Value$211,596
Assessed Improvement Value$192,909
Assessment Year2025

About this property

Fabulous updated home set amongst a grove of mature trees on 1.681 acres in beautiful Cedar Creek. This unique, fully fenced property is convenient to Austin and downtown Bastrop, while remaining private and secluded. Constructed over two levels, the home offers great appeal with an updated blue exterior, metal roof, and a wraparound covered porch. The wonderful floor plan offers an open concept living space with 3 bedrooms and 2.5 baths, an abundance of natural light, gorgeous hand scraped hickory hardwood flooring, and modern design elements throughout. Ideal for entertaining, the spacious shared living and dining room has easy access to the kitchen and is framed with large updated windows that provide ample natural light and views of the trees. The modern kitchen impresses with a breakfast bar, walnut cabinetry, sleek granite countertops, brushed nickel hardware, a large single-basin sink with a retractable faucet, and high-quality stainless-steel appliances. The primary suite is located on the main floor offering privacy along with a large walk-in closet. A stunning barn door encloses the private en-suite bath, updated with a granite-topped vanity, an under-mount sink, and shaker cabinetry. The primary bedroom overlooks a private screened porch at the back of the house. The second floor hosts two large secondary bedrooms and a shared guest bathroom. Three covered parking spots which include a detached single-car garage and a 2-car carport with an attached tool shed. The 1.681-acre property has tons of space and a level lot for all of your projects and fun! The back of the property overlooks 5 acres of neighboring green space for additional privacy and beauty. Located less than 15 minutes from HEB, retailers, coffee shops, and a variety of restaurants. Zoned to Bastrop ISD schools including Bluebonnet Elementary. You will not want to miss the opportunity to call this property home.

Investor Tools

Property Icon
$490,000
Estimated Property Value
$391,800Estimated Mortgage Balance
$106,868Estimated Equity
20% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,994 /month
Positive
Cash Flow Estimate:
$998 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$656/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,417
$404,505
2025
$211,596
$192,909
$404,505
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,417
$404,505

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mega Capital Funding Inc
Conventional
$391,800
No
First
Feb 11, 2025
Mar 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$383,724
$97,276
20%
78%
$2,350/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,088/mo
$2,350/mo
$-262/mo
5.1%

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.

Explore Texas Explore This Area
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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