NOT LISTED FOR SALE

362 Old 71 Cedar Creek, TX 78612

Estimated Value: $370,000 - $453,000

3 Beds
2 Baths
1,085 Sq Ft
$367/Sq Ft Est. Value

Last Sold September 20, 2023

Current estimated payment $2,590/month

154 Days on Market

Highlights

  • View of Trees or Woods
  • Vaulted Ceiling
  • Main Floor Primary Bedroom
  • 1.82 Acre Lot
  • Wood Flooring
  • No HOA

About This Home

As of September 2023

UNRESTRICTED LAND, close to COTA and the Tesla Factory - as close as you can get to Austin without paying Austin taxes! This property boasts not one, but two potential income streams, with the potential to bring in $78,000 PLUS per year. The 1.89 acres of unrestricted land in Bastrop County's Cedar Creek area is an unbeatable location (close to COTA and the Tesla factory), with a super host rating of 4.94 and over 270 glowing reviews. The potential for income improvements is massive, making this an exciting opportunity for any savvy investor or a resident looking to get into house hacking.
Offering a 3 bedroom 2 bathroom house PLUS a 1 bedroom 1 bathroom tiny home!
This property offers so much more than just a solid investment opportunity. With a charming tiny home perfect for guests, family, or as an income-generating Airbnb, as well as a main home with modern touches and a warm, inviting atmosphere, this is a unique property with endless possibilities. Nestled in an established neighborhood on the outskirts of Austin, the lush greenery surrounding the home and one-of-a-kind layout create a truly special space.
The sleek white kitchen with designer knobs, vaulted ceilings in select rooms, and built-in bookshelves add elegance and charm to the main home, while the fully functional kitchen and designer bath-shower in the tiny home offer a modern meets cabin aesthetic. The outdoor space is just as delightful, with multiple fire pits, seating areas, and even a canvas tent, creating a cozy and inviting atmosphere perfect for entertaining or escaping for some peace and quiet.
This property truly has everything you need and more, making it a must-see for any serious investor. With a lot of interest already, this incredible opportunity won't last long, so don't miss out!

Last Agent to Sell the Property

Melanie Ginsburg

eXp Realty, LLC License #0747189 Listed on: 03/09/2023

eXp Realty, LLC

Last Buyer's Agent

Rachel Dolman

eXp Realty, LLC License #0743192

eXp Realty, LLC

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $3,983

Year Built

  • Built in 1987

Lot Details

  • 1.82 Acre Lot
  • Back and Front Yard Fenced
  • Privacy Fence
  • Landscaped
  • Many Trees

Home Design

  • Pillar, Post or Pier Foundation
  • Frame Construction
  • Metal Roof
  • HardiePlank Type

Interior Spaces

  • 1,085 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Crown Molding
  • Vaulted Ceiling
  • Ceiling Fan
  • Storage
  • Views of Woods

Kitchen

  • Free-Standing Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Primary Bedroom on Main
  • 2 Full Bathrooms
  • Soaking Tub

Laundry

  • Laundry Located Outside
  • Washer Hookup

Parking

  • 2 Parking Spaces
  • Carport
  • Oversized Parking
  • Gravel Driveway
  • Unpaved Parking

Outdoor Features

  • Patio
  • Shed

Schools

  • Bluebonnet Elementary School
  • Cedar Creek Intermediate
  • Cedar Creek High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Septic Tank
  • High Speed Internet
  • Phone Available

Listing and Financial Details

  • Down Payment Assistance Available
  • Tax Lot 2
  • Assessor Parcel Number R34811

Community Details

Overview

  • No Home Owners Association
  • Red Gully Creek Subdivision

Amenities

  • Community Storage Space

Recreation

  • Trails

Property Details

Property Type

Other

Est. Annual Taxes

$3,983

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: See Remarks
  • Unit Style: 1st Floor Entry
  • Restrictions: None
  • Year Built: 1987
  • Additional Parcels: No
  • Directions: The property is accessible from HWY 71 via Exit Old 71. Take the second right turn after passing the Manufactured home store on Old 71, and you will arrive at the property.
  • Disclosures: Other Disclosures
  • Estimated Taxes: 3983.00
  • ETJ Extra Territorial Jurdn: No
  • FEMA Flood Plain: No
  • Fencing: Back Yard, Front Yard, Privacy, See Remarks
  • Home Sale Contingency: No
  • Intermediary: Yes
  • Levels: One
  • Living Area: 1085.00
  • Other Structures: Shed(s), See Remarks
  • Special Listing Conditions: Standard
  • Special Features: None

Interior Features

  • Interior Amenities: Built-in Features, Ceiling-High, Ceiling-Vaulted, Crown Molding, Primary Bedroom on Main, Soaking Tub, Storage, Washer Hookup
  • Laundry Location: Laundry Closet, Outside
  • View: Trees/Woods
  • Flooring: Carpet, Vinyl, Wood
  • Num Dining: 1
  • Num Living: 1
  • Num Other Level Beds: 2
  • Appliances: Dishwasher, Microwave, Free-Standing Electric Range, Refrigerator, Water Heater-Electric
  • Main Level Bedrooms: 1
  • Property Condition: Resale
  • Spa Features: None

Beds/Baths

  • Full Bathrooms: 2
  • Bathrooms: 2
  • Bedrooms: 3

Exterior Features

  • Roof: Metal
  • Foundation: Pillar/Post/Pier
  • Patio And Porch Features: Patio
  • Pool Features: None
  • Private Pool: No
  • Waterfront Features: None
  • Waterfront: No

Garage/Parking

  • Parking Features: Carport, Gravel, Oversized, Private, Unpaved
  • Total Parking Spaces: 2.00

Utilities

  • Sewer: Septic Tank
  • Utilities: Electricity Available, Internet-Cable, Phone Available
  • Heating: Central
  • Water Source: See Remarks
  • Cooling: Ceiling Fan(s), Central Air

Association/Amenities

  • Association: No
  • Community Features: Storage, Walk/Bike/Hike/Jog Trail(s, See Remarks

Schools

  • School District: Bastrop ISD
  • Elementary School: Bluebonnet (Bastrop ISD)
  • High School: Cedar Creek
  • Middle/Junior School: Cedar Creek Intermediate

Lot Info

  • Lot Features: Back Yard, Front Yard, Landscaped, Private, Trees-Heavy, Views
  • Parcel Number: R34811
  • Lot Size Acres: 1.8190
  • Lot Size Sq Ft: 79235.64
  • Subdivision Name: Red Gully Creek

Building Info

  • Construction Materials: Frame, HardiPlank Type
  • New Construction: No

Tax Info

  • Tax Filled Sqft Total: 1085
  • Tax Lot: 2
  • Tax Year: 2022
  • Tax Annual Amount: 3982.84
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2023
Closed on
Sep 20, 2023
Sold by
Paulo Carrie A and Paulo Matthew
Bought by
Mojena Torres Daniela Maite
Seller's Agent
Melanie Ginsburg
eXp Realty, LLC
Buyer's Agent
Rachel Dolman
eXp Realty, LLC
List Price
$500,000
Views
33
Current Estimated Value
$397,918

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.73%
Original Mortgage
$364,500
Outstanding Balance
$356,769
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$41,149

Purchase Details

Listed on
Apr 3, 2018
Closed on
Sep 25, 2018
Sold by
Purestyle Builders Llc
Bought by
Paulo Carrie A and Paulo Matthew
Seller's Agent
Tommy Hazelton
Homes In Hi Def
Buyer's Agent
Leslie Mellenbruch
CB&A, Realtors
List Price
$257,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.08%
Original Mortgage
$216,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 11, 2016
Sold by
Cambre Daniel and Cambre Amanda Carynn
Bought by
Purestyle Builders Llc

Purchase Details

Closed on
Nov 9, 2009
Sold by
Luke Joey C
Bought by
Cambre Daniel and Cambre Amanda Carynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,128
Interest Rate
4.9%
Mortgage Type
VA

Purchase Details

Closed on
Feb 12, 2008
Sold by
Luke Joey C
Bought by
Purestyle Builders Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
6.15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 20, 2007
Sold by
Lewis Cynthia J and The Cunthia J Lewis Revocable
Bought by
Luke Joey C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,400
Interest Rate
6.1%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Mojena Torres Daniela Maite -- Texas National Title
Paulo Carrie A -- Austin Title Co
Purestyle Builders Llc -- Independence Title
Cambre Daniel -- None Available
Purestyle Builders Llc -- Alamo Title Company
Luke Joey C -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mojena Torres Daniela Maite $364,500
Previous Owner Paulo Carrie A $216,000
Previous Owner Cambre Daniel $101,128
Previous Owner Purestyle Builders Llc $135,000
Previous Owner Luke Joey C $58,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/20/2023 09/20/23 Sold -- -- --
08/10/2023 08/10/23 Pending -- -- --
07/28/2023 07/28/23 Price Changed $425,000 -5.6% $392 / Sq Ft
07/15/2023 07/15/23 Price Changed $450,000 -4.3% $415 / Sq Ft
06/23/2023 06/23/23 Price Changed $470,000 -6.0% $433 / Sq Ft
03/09/2023 03/09/23 For Sale $500,000 +100.1% $461 / Sq Ft
09/27/2018 09/27/18 Sold -- -- -- View Prior Sale
09/19/2018 09/19/18 Pending -- -- --
07/24/2018 07/24/18 Price Changed $249,900 -2.0% $230 / Sq Ft
06/21/2018 06/21/18 Price Changed $254,900 -0.8% $235 / Sq Ft
05/08/2018 05/08/18 For Sale $257,000 0.0% $237 / Sq Ft
04/16/2018 04/16/18 Pending -- -- --
04/03/2018 04/03/18 For Sale $257,000 -- $237 / Sq Ft
Source: Unlock MLS (Austin Board of REALTORS®)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $6,292 $376,929 $216,552 $160,377
2023 $6,292 $278,353 $0 $0
2022 $3,478 $228,866 $0 $0
2021 $4,121 $230,428 $103,337 $127,091
2020 $3,860 $189,145 $70,734 $118,411
2019 $4,171 $196,644 $70,734 $125,910
2018 $3,415 $161,046 $65,293 $95,753
2017 $3,286 $147,434 $65,293 $82,141
2016 $2,977 $133,571 $65,293 $68,278
2015 $2,835 $141,733 $73,455 $68,278
2014 $2,835 $141,408 $73,455 $68,278
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 5262783

Unlock MLS (Austin Board of REALTORS®)

APN: 34811