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$483,533

590 Old Mill Rd Unit 108, Cedar Park, TX, 78613

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,008 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$1.39 / sqft
Year BuiltBuilt in 2024

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size13.49 acres

Building Information

Year Built2024
Garage Spaces488

Land Information

APNR-17-W591-0003-0108
Land UseCondominium Unit
Legal DescriptionC608 - PARK PLACE AT OLD MILL CONDO, BUILDING 3, UNIT 108, 1.388% COMMON AREA INTEREST, [TU PCT]
Census Tract020356
Assessed Land Value$98,791
Assessed Improvement Value$384,742
Assessment Year2025

About this property

Beautiful New Contemporary 3 bedroom/2.5 bathroom, 2-level Townhome Nestled between a Quiet Residential Neighborhood and the Future Lakeline Park located in the highly sought-after Area of Cedar Park. Features, an Open Concept floorplan with 10 ft ceilings on the first level, beautiful expansive windows for an ample amount of light, Island kitchen with quartz countertops and Stainless-Steel Appliances. Washer and Dryer included! Ceiling fans throughout along with stylish 2-in wood faux blinds. Luxury vinyl wood plank flooring throughout, no carpet! Nice sized rooftop balcony off the flex room. HOA covers the lawn maintenance. The backyard features a patio and enclosed by has a wrought iron and composite fence. Lakeline Park is a new 200-acre outdoor recreation park located next door to this condominium, which features a multitude of outdoor activities and great amenities, including multipurpose pavilions, 3 plus miles of hiking/biking trails, Playground, fishing piers, kayak launch and Lakeline Lake and wildflower meadows. Located in highly accredited Leander ISD, with easy access to lake Line Mall for shopping, restaurants, entertainment, and major employers. Convenient access to 45 Toll and 183 Highway. Pet Friendly!

Investor Tools

Property Icon
$483,533
Estimated Property Value
$352,500Estimated Mortgage Balance
$140,977Estimated Equity
27% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,901 /month
Positive
Cash Flow Estimate:
$967 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$363/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,933
$483,533
2025
$98,791
$384,742
$483,533
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,933
$483,533

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Loanpeople Llc
Conventional
$352,500
No
First
Oct 23, 2024
Nov 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$343,095
$154,905
31%
71%
$2,114/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,260/mo
$2,114/mo
+$146/mo
5.6%

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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590 Old Mill Rd Unit 108 | Property Details | No Agent List