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$498,000

NAL Estimated Property Value

255 Mesquite Dr, Cedar Creek, TX, 78612

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,633 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$336.8 / sqft
Year BuiltBuilt in 1996

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Free-Standing Range, Water Heater
FlooringCarpet, Laminate, Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesPrivate Yard
Lot Size7.19 acres

Building Information

Year Built1996
Stories1
Roof Type105
Garage Spaces3

Land Information

APNR77167
Lot Number34
SubdivisionS6866 - Mesquite Acres
Land UseResidential
Legal DescriptionMESQUITE ACRES, LOT 34(FR), ACRES 7.188
Census Tract950804
Assessed Land Value$249,850
Assessed Improvement Value$241,426
Assessment Year2025

About this property

Live the country dream in Cedar Creek! Single level 3BR/2B home on 7.188 acres just southeast of Austin. Enjoy the wrap around covered porch, large kitchen with pantry, spacious family room and bedrooms with updated bathrooms. There is laminate flooring in the main areas and carpet in the bedrooms. There is a 2 Car Garage with attached room perfect for a workshop or office. There is also a covered parking area. The barn is perfect for your animals or storage, has a covered Shed + Tractor Barn. There is a pond as well as a 1 acre fenced pen for goats or other animals of your choice. HVAC system replaced in 2024 and roof to be replaced prior to closing. The property is completely fenced with plenty of trees for privacy. Close to 130, 71 and COTA.

Investor Tools

Property Icon
$498,000
Estimated Property Value
$419,681Estimated Mortgage Balance
$79,572Estimated Equity
17% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,300 /month
Positive
Cash Flow Estimate:
$1,100 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$753/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,546
$491,276
2025
$249,850
$241,426
$491,276
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,546
$491,276

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Saxton Mortgage Llc
Conventional
$424,000
No
First
Aug 20, 2025
Sep 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$419,681
$89,319
17%
84%
$2,543/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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255 Mesquite Dr | Property Details | No Agent List