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$384,000

NAL Estimated Property Value

5619 Fm 535 #A, Cedar Creek, TX, 78612

$499,200 ARVInfo
Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths2,007 Sq Ft
price_per_sqft$246.64 / sqft
Year BuiltBuilt in 1930

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
AppliancesFree-Standing Electric Range, Electric Water Heater
FlooringCarpet, Concrete, Vinyl, Wood

Exterior

Exterior FeaturesPrivate Entrance
Lot Size41,295 sqft

Building Information

Year Built1930
Stories1
Roof Type105
Garage Spaces1

Land Information

APNR24085
SubdivisionLitton, Addison
Land UseResidential
Legal DescriptionA45 LITTON, ADDISON, ACRES 0.9480
Census Tract950804
Assessed Land Value$144,001
Assessed Improvement Value$125,006
Assessment Year2025

About this property

Towering shade trees, a covered front porch, 2007 SF, per BCAD, 5 bedrooms in the main house, on .948 acres make great space for everyone. Enter the charm of yesteryear in this single story home originally built in 1930 with wood floors and a charming kitchen. More space was added on in later years. The addon has an unfinished bath and two huge rooms with exterior doors. Some remodel is still needed. The property is ready for you to put your own special touches and develop it's charm even further. It sits on a huge lot with a storage building and a detached single wide manufactured home. Preliminary title policy has been done and no deed restrictions were found This property has so many possibilities. The SWMH sits at the far rear of the property and needs water and septic installed. Property is in Cedar Creek, Texas, at Hwy 21 and FM 535/Pierce Ln. Very convenient to the Austin International Airport, Bastrop, Austin, Circuit of the Americas, 130, the Tesla Giga Factory and The Boring Company. Bastrop is a great community with loads of Texas History, golf, parks, the Colorado River for kayaking, Lake Bastrop for fishing and loads of local and large store shopping. Come check out this property so you can Call Texas Home!

Investor Tools

Property Icon
$384,000
Estimated Property Value
$0Estimated Mortgage Balance
$384,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$499,200
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,970 /month
Positive
Cash Flow Estimate:
$990 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$514/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,247
$269,007
2025
$144,001
$125,006
$269,007
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,247
$269,007

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$384,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,088/mo
N/A
+$2,088/mo
6.5%

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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5619 Fm 535 #A | Property Details | No Agent List