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$777,728

605 Palo Alto Ln, Cedar Park, TX, 78613

Off MarketInfo
Beds5 Beds
Baths2 Bath
Baths3,227 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$247.6 / sqft
Year BuiltBuilt in 1999

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size24,394 sqft

Building Information

Year Built1999
Garage Spaces440

Land Information

APNR-17-W323-670C-007A
Lot Number8-9,7A
Land UseSingle Family
Legal DescriptionS13336 - EMERALD OAKS (BLK C LTS 7-9 AMD), BLOCK C, LOT 7A, ACRES 0.56
Census Tract020335
Assessed Land Value$163,500
Assessed Improvement Value$614,228
Assessment Year2025

About this property

Discover this gorgeous, custom Cedar Park home with NO HOA! 5-bedroom, 3.5-bathroom residence spans 3,227 SF and is situated on a generous .56-acre double lot in a prime cul-de-sac. Welcome your guests with a grand 26’ foyer with soaring ceilings and abundant natural light. The main floor and staircase boasts hand-scraped, birch wood flooring, adding warmth and elegance. The spacious living room, perfect for entertaining, features a gas fireplace and large windows overlooking the serene backyard. The renovated kitchen is equipped with SS appliances, including a Smart Samsung gas range, Maytag microwave, and GE quiet dishwasher. The Corian Quartz countertops and upgraded Kohler farmhouse sink add a touch of sophistication, while the white painted cabinetry provides ample storage. The primary suite is on the main floor and offers a luxurious retreat with an updated ensuite bath. Enjoy the extra-deep garden tub, double frameless shower, and double vanity. The master closet is large, custom-designed with adjustable track lighting and hardwood floors. Upstairs you'll find a large second living space, 4 more bedrooms, all with brand new carpet, in addition to 2 more bathrooms. Numerous upgrades for convenience and efficiency, including separate HVAC systems for each floor, a new roof with ridge vents, and a high-efficiency 50-gallon water heater. Additional highlights include a 350 sq ft second-floor attic with Elfa shelving, a 2-car garage with storage solutions, and Kuna Security porch-lights w/hidden camera and audio at all entries. The expansive, fenced backyard, is a private oasis with 45 mature trees, an extended patio, and space for RV/boat storage. It also features a fire pit, water-wise landscaping, and a double wooden playscape. Zoned to Cedar Park Middle and High, in Leander ISD, this home is within walking distance to the NEW Texas Farmers Market at Bell District, which will include hike and bike trails, shops, restaurants, and library.

Investor Tools

Property Icon
$777,728
Estimated Property Value
$724,500Estimated Mortgage Balance
$77,015Estimated Equity
7% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,794 /month
Positive
Cash Flow Estimate:
$1,598 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,167/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,117
$777,728
2025
$163,500
$614,228
$777,728
No

Tax History

Year
Tax Paid
Assessed Value
2025
$10,117
$777,728

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cornerstone Home Lending
Conventional
$724,500
No
First
Jul 12, 2024
Aug 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$701,833
$75,895
9%
90%
$4,344/mo

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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