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Owner Contacts

$242,000

427 Elm Forest Loop, Cedar Creek, TX, 78612

Off Market

3 Beds

3 Bath

1,024 Sq Ft

Single Family Residence

$375.49 / sqft

Built in 2017

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3

Bathrooms Full 3

AppliancesBuilt-In Electric Oven, Disposal, Electric Range, Microwave, Free-Standing Electric Oven, Free-Standing Refrigerator, Stainless Steel Appliance(s), Washer/Dryer, Electric Water Heater

FlooringLaminate

Exterior

Private Pool

Exterior FeaturesPrivate Entrance, Private Yard, RV Hookup

Lot Size2 acres

Land Information

APNR98577 02

Lot Number3

SubdivisionS8100 - Thousand Oaks

Land UseResidential Mobile Home

Legal DescriptionS8100 - THOUSAND OAKS, LOT 3, ACRES 2, (RESUB OF LOT 56)

Census Tract950804

Assessed Improvement Value$19,395

Assessment Year2025

About this property

NEW improved price!! Not your usual 2 acre lot in Thousand Oaks. No HOA!! Bring your RV, bring your animals, bring your toys! Gated and fully fenced 2 acres with mature trees and very well cared for property. Property offers two single family homes that can be used for STR purposes or a long term tenant in each home. Both homes are vacant and move in ready. Property offers an RV hookup as well located under a couple trees for shade. Multiple storage structures included. So many options. Power, septic, powered gate with code and fencing are already good to go on property. Just bring your vision. Home #1 with porch = 650 sq ft (2bdrm/2bath/kitchen/living/dining/laundry) Home #2 = 408 sq ft (1 bdrm/1bath/kitchen/living) Lots of land for your toys or to fill with horses, goats, chickens and dogs. Close to Tesla, COTA, ABIA and all the other up and coming facilities with an easy commute to Austin or Bastrop. Low tax rate. Endless possibilities!

Investor Tools

$242,000

Estimated Property Value

$0Estimated Mortgage Balance

$242,000Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,307 /month

Positive

Cash Flow Estimate:

$769 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$532/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$5,169

$19,395

2025

N/A

$19,395

Tax History

Year

Tax Paid

Assessed Value

2024

$5,169

$19,395

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

N/A

$195,000

100%

$0/mo

Learn About the Market: Opportunity in Texas

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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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