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$397,390

NAL Estimated Property Value

3012 Red Bay Dr, Cedar Park, TX, 78613

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,096 Sq Ft
price_per_sqft$181.11 / sqft
Year BuiltBuilt in 1987

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Microwave, Free-Standing Range
FlooringCarpet, Laminate, Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesNone
Lot Size7,013 sqft

Building Information

Year Built1987
Stories2
Garage Spaces2

Land Information

APNR-17-W305-802F-0003-0009
Lot Number3
SubdivisionAnderson Mill West
Land UseResidential
Legal DescriptionS3061 - ANDERSON MILL WEST SEC 2, BLOCK F, LOT 3, ACRES 0.161
Census Tract020333
Assessed Land Value$85,000
Assessed Improvement Value$312,390
Assessment Year2025

About this property

Adorable updated two-story home with 3 BR and 2 tiled baths. Freshly painted with ceramic tile in open-concept great room and kitchen with high ceilings. A charming fireplace makes this living area an inviting space. The kitchen has new granite counters and track lighting. A bonus room/garage conversion added for a perfect game room, media room, or exercise room (This increases sq. ft from 1096 to 1438). Beautiful in-ground swimming pool with new liner and pump, for outdoor entertaining. Fabulous Schools!

Investor Tools

Property Icon
$397,390
Estimated Property Value
$154,811Estimated Mortgage Balance
$242,874Estimated Equity
61% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,384 /month
Positive
Cash Flow Estimate:
$795 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$604/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,260
$397,390
2025
$85,000
$312,390
$397,390
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,260
$397,390

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$169,850
No
First
Aug 6, 2021
Sep 2036

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$154,811
$242,579
61%
39%
$1,019/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,260/mo
$1,019/mo
+$1,241/mo
6.8%

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 Park

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3012 Red Bay Dr | Property Details | No Agent List