ActiveResidential · sale

510 Thousand Oaks

Cedar Creek, TX 78612

$1,200,000

  • 5 beds
  • 3 baths
  • 3,634 sq ft
  • 7.46 acres
  • Built 1987

Listed by Kuper Sotheby's Int'l Realty · MLS #ACT1281285

Property photos are not available.

A FEW THINGS TO NOTICE

What stands out.

Living spaces

The main home sits on just over 3 acres, with two additional back lots partially cleared in 2025, offering development opportunity.

Year built

Built in 1987.

Property size

7.46 acres listed.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

Get to know the property.

Set on nearly 7.5 acres across three replatted lots in Cedar Creek, 510 Thousand Oaks Drive offers a rare combination of modern design, income potential, and future development flexibility. Including the newly finished ADU, the property features 5 bedrooms and 3 full bathrooms, ideal for multigenerational living, guest accommodations, or rental income.

The fully renovated main residence (4BD | 2BA) showcases an open-concept layout anchored by a striking rocket stove fireplace, built-in shelving, and window seating. The kitchen features an extended island with waterfall countertop, gas range, stainless steel appliances, custom cabinetry, and a walk-in pantry. Hard flooring runs throughout, and the primary suite offers a custom walk-in closet and walk-in shower. Major improvements include a new roof (2024), 3-stage whole-house water filtration (2023), central AC with UV air purifier, and two septic systems serviced in 2024.

A standout feature is the approximately 1,400-square-foot, two-story ADU, newly finished with new siding, drywall, insulation, and LVP flooring. The lower level offers flexible space with double French doors—ideal for office, gym, or studio use—while the upper level includes a private studio apartment with kitchenette and full bath. Previously used as a short-term rental generating positive cashflow when fully utilized.

Outdoor amenities include a saltwater pool installed in 2022, shipping container storage, and wide-open Texas skies. The main home sits on just over 3 acres, with two additional back lots partially cleared in 2025, offering development opportunity. Existing beehives may provide potential for agricultural valuation, subject to county requirements and buyer verification.

Private, thoughtfully upgraded, and rich with opportunity, 510 Thousand Oaks Drive offers luxury living with a lot of soul — a retreat designed for today, with room to expand tomorrow.
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THE NEIGHBORHOOD

Explore the location.

510 Thousand Oaks, Cedar Creek, TX 78612

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THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
1987
Full baths
3
Half baths
0
Garage spaces
0
Cooling
Ceiling Fan(s), Central Air, Wall/Window Unit(s)
Heating
Central, Propane
Appliances
Convection Oven, Cooktop, Dishwasher, Disposal, Exhaust Fan, Freezer, Gas Cooktop, Gas Range, Ice Maker, Oven, Gas Oven, RNGHD, Refrigerator, Self Cleaning Oven, Stainless Steel Appliance(s), Water Heater, Water Purifier, Water Purifier Owned
Flooring
Concrete
Fencing
Fenced, Perimeter
Accessibility
None
Pool features
Fiberglass, In Ground, Outdoor Pool, Salt Water
Subdivision
Thousand Oaks
Parcel
67088
Elementary school
Cedar Creek
Middle school
Cedar Creek
High school
Cedar Creek
Annual property tax
$5,027.27

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

OWNERSHIP, WITH A PLAN

Investor outlook.

Explore this property’s rental potential with an all-cash purchase. Monthly rent starts at 5% of the purchase price per year, divided by 12. Adjust it and the other assumptions to explore your scenario.

These are planning assumptions, not a rental appraisal or a loan quote. The starting rent is a price-based estimate; a local leasing professional can help confirm market rent.

Investor outlook assumes an all-cash purchase. No mortgage payment is deducted.

Estimated monthly cash flow · cash purchase—
Estimated monthly rent$5,000.00
Cap rate—

Annual operating income: —

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Your property and current assumptions will be included for our team to review.

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Purchase price
Rental income & operating costs

Purchase price × 5% ÷ 12. Updates with purchase price until you enter a custom rent.

Annual insurance starts at purchase price × 0.25%, rounded to the nearest available amount. Updates with purchase price until you choose another amount.A planning estimate, not an insurance quote. Adjust it for your property and coverage.

Percentages are editable examples, not ERA fee quotes. Management is applied to rent after vacancy; maintenance and capital reserves use scheduled rent. Add owner-paid utilities, mortgage insurance and other recurring expenses under other costs.

How this scenario is calculated

Annual operating income is rent after vacancy, management, maintenance, taxes, insurance, HOA and other operating costs, before financing and capital reserves. Cap rate divides annual operating income by purchase price. Estimated monthly cash flow assumes an all-cash purchase: rent after vacancy, management, maintenance, taxes, insurance, HOA, other operating costs and capital reserves. No mortgage payment is deducted. The mortgage calculator is separate; loan payments would reduce cash flow for a financed purchase. One-time acquisition costs, renovations, income taxes, depreciation and appreciation are excluded.

Mortgage payment calculator

Explore financing separately. These loan settings do not change the all-cash investor outlook.

Mortgage assumptions

20% down and 7% interest are illustrative starting values.

Estimated monthly principal & interest—Loan payment only. Excludes property taxes, homeowners/flood insurance, mortgage insurance and HOA dues.

About this payment estimate

Based on a fixed-rate, fully amortizing loan with monthly payments and the price, down payment, interest rate and term you select. The interest rate is an example, not a current rate offer or APR; APR includes certain loan costs. This is an illustration, not a Loan Estimate, approval, offer of credit or commitment to lend.

Your actual payment, rate and eligibility depend on your lender, credit, loan program and property. Closing costs, points, prepaid expenses and lender fees are not included. Taxes and insurance may change, and mortgage insurance may be required, particularly with a down payment below 20%. Ask your lender for a Loan Estimate and a complete monthly payment including applicable taxes, insurance and fees.

Dollar results are rounded to the nearest cent; calculations retain precision until display. A cash purchase has no loan payment but still has ownership costs. Understand your total home payment (CFPB).

ERA PROPERTY MANAGEMENT

See its potential.
Have a plan for what follows.

Considering this property as a rental? Start with the numbers, then talk through the day-to-day with a local management team.

  1. Understand the opportunity.

    Review rental pricing, property condition and your ownership goals with a local professional.

  2. Make a strong first impression.

    Bring together property preparation, professional marketing and applicant screening.

  3. Stay connected to your investment.

    Get support with rent collection, resident communication, maintenance coordination and owner reporting.

Get a local rental estimateTalk through your management needs
Stone-front home with a landscaped lawn and central entry
A more complete plan for your property

LOCAL PEOPLE. SHARED COMMITMENT.

A team behind your next step.

From your first question to the everyday work of ownership, a conversation with the right person makes a difference.

Meet ERA Property Management

Residential management in Utah, Nevada and Texas. Service availability and rental eligibility must be confirmed for each property. Commercial and association services are available through our management services page.

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510 Thousand Oaks, Cedar Creek, TX 78612 · MLS #ACT1281285

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Listing information

MLS #ACT1281285 · Austin Board of Realtors

Listing brokerage: Kuper Sotheby's Int'l Realty
Listing agent: Chalimar Brown

Listing status: Active. Record updated . Confirm current availability and price with the listing agent.