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$447,178

273 Simpson Ave, Cedar Creek, TX, 78612

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,500 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$192.67 / sqft
Year BuiltBuilt in 1981

Property Lead Type:

Deal ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
CoolingCooling
AppliancesDishwasher, Gas Cooktop, Free-Standing Electric Oven, Range, Washer/Dryer
FlooringCarpet, Vinyl

Exterior

Private PoolPrivate Pool
Exterior FeaturesPrivate Yard
Lot Size2.50 acres

Building Information

Year Built1981
Roof Type105

Land Information

APNR37961
Lot Number27
SubdivisionBastrop County West Lot 27 (Resub)
Land UseResidential
Legal DescriptionBASTROP COUNTY WEST LOT 27 (RESUB), LOT 27-A, ACRES 2.5000
Census Tract950303
Assessed Land Value$250,000
Assessed Improvement Value$197,178
Assessment Year2025

About this property

***MULTIPLE OFFERS RECEIVED Highest and Best Deadline SUNDAY 1/9/2022 @ 9PM.*** Looking for a peaceful 2.5 acre tract of land with tons of potential? Great location with easy access to Austin and Bastrop. 1500 sq ft older home offers 3 beds and 2 baths with a large living room. Guest apt offers 1 bed 1 bath with kitchenette and large open room for enjoyment and or living space. Deed restricted property but allows for 2 SFH on each lot. This could work as a great large family property.

Investor Tools

Property Icon
$447,178
Estimated Property Value
$0Estimated Mortgage Balance
$447,178Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,683 /month
Positive
Cash Flow Estimate:
$894 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$528/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,097
$447,178
2025
$250,000
$197,178
$447,178
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,097
$447,178

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$447,178
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.

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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273 Simpson Ave | Property Details | No Agent List