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$283,000

NAL Estimated Property Value

361 Lake View Dr, Cedar Creek, TX, 78612

Recently SoldInfo
7/21/26
Beds2 Beds
Baths1 Bath
Baths1,040 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$173.08 / sqft
Year BuiltBuilt in 1957

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Half 1Bathrooms Half 1
AppliancesCooktop
FlooringCarpet, Laminate

Exterior

Exterior FeaturesNone
Lot Size26,877 sqft

Building Information

Year Built1957
Stories1
Roof Type105

Land Information

APNR24598
Lot Number48
SubdivisionBluebonnet Acres Block C
Land UseResidential
Legal DescriptionBLUEBONNET ACRES BLOCK C, LOT 48
Census Tract950303
Assessed Land Value$112,899
Assessed Improvement Value$92,336
Assessment Year2025

About this property

One of the standout features of this property is the lake access located right in your backyard—perfect for enjoying quiet mornings by the water, fishing, kayaking, or simply relaxing and taking in the view. Sitting on .617 of an acre, escape to peaceful country living with this single level home nestled among lush, mature trees and featuring beautiful views of Clear Springs Lake. Offering the perfect blend of privacy and convenience, the property includes a versatile farm storage building ideal for an equipment shed, workshop, hobby space, or even a private office. A covered carport adds everyday functionality, while the serene natural setting creates a relaxing retreat just outside the city. Conveniently located minutes from Highway 71 & Highway 21, this property offers easy access to surrounding areas and is only 23 miles from downtown Elgin, 11 miles from Bastrop, 17 miles from Austin Airport, 23 miles from downtown Austin, 46 miles from the Samsung Factory in Taylor, and 18 miles from the Tesla plant.

Investor Tools

Property Icon
$283,000
Estimated Property Value
$0Estimated Mortgage Balance
$283,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,698 /month
Positive
Cash Flow Estimate:
$566 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$397/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,349
$205,235
2025
$112,899
$92,336
$205,235
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,349
$205,235

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$283,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,626/mo
N/A
+$1,626/mo
6.9%

City: Cedar Creek

361 Lake View Dr | Property Details | No Agent List