ActiveResidential · sale

1201 Deer Grove

Cedar Park, TX 78613

$425,000

  • 3 beds
  • 3 baths
  • 2,064 sq ft
  • 0.2 acres
  • Built 1992

Listed by Compass RE Texas, LLC · MLS #ACT2633637

A FEW THINGS TO NOTICE

What stands out.

Living spaces

The primary family room centers around a floor-to-ceiling whitewashed brick fireplace, providing a contemporary focal point.

Year built

Built in 1992.

Garage parking

2 garage spaces listed.

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

THE PROPERTY

Get to know the property.

Experience the established lifestyle of Buttercup Creek in this updated 3-bedroom, 2.5-bathroom residence, offering a rare combination of significant square footage & an aggressive price point. Commanding an oversized corner lot, the property makes a striking first impression w/its classic red brick exterior & a sprawling front lawn anchored by mature shade trees. The recent "make-ready" work is evident the moment you step through the door, offering a move-in-ready experience standing out as one of the best values per sq ft in the area. Inside, the floor plan breathes w/soaring high ceilings & an abundance of natural light that highlights the fresh, neutral paint & modern wide-plank flooring. The layout is designed for both scale & comfort, featuring two distinct dining areas and two separate living spaces. The primary family room centers around a floor-to-ceiling whitewashed brick fireplace, providing a contemporary focal point. In the kitchen, rich wood cabinetry contrasts beautifully w/stainless steel appliances while a breakfast bar opens directly into the dining space. The massive master suite serves as a true sanctuary, boasting a wall of windows & a spa-like bathroom featuring double vanities & an oversized walk-in shower w/designer tile work. Outside, the sheer size of the corner lot becomes the star of the show. The expansive backyard is fully enclosed by a wooden privacy fence & offers a massive green space shaded by towering oaks. Beyond the property line, residents enjoy access to a robust collection of community amenities, including two neighborhood swimming pools, tennis & volleyball courts & multiple playgrounds. The community is woven together by an extensive network of hike-and-bike trails connecting to local gems like Rosemary Denny Park. Located in the heart of Cedar Park, you are minutes from highly-rated Leander ISD schools, the Lakeline Mall retail corridor & major highways for a streamlined commute. For more info, go to: https://wkf.ms/3R4AaOx

THE NEIGHBORHOOD

Explore the location.

1201 Deer Grove, Cedar Park, TX 78613

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THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
1992
Full baths
2
Half baths
1
Garage spaces
2
Cooling
Ceiling Fan(s), Central Air
Heating
Central
Appliances
Dishwasher, Disposal, Exhaust Fan, Gas Range, Microwave, Refrigerator, Washer/Dryer
Flooring
Laminate, Tile
Fencing
Back Yard, Fenced, Privacy
Accessibility
None
Pool features
None
Subdivision
Buttercup Creek Sec 03 Village 02
Parcel
17W311602G00140008
Elementary school
Ada Mae Faubion
Middle school
Cedar Park
High school
Cedar Park

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$1,770.83
Cap rate

Annual operating income:

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

Adjust assumptions
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 & interestLoan 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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1201 Deer Grove, Cedar Park, TX 78613 · MLS #ACT2633637

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Listing information

MLS #ACT2633637 · Austin Board of Realtors

Listing brokerage: Compass RE Texas, LLC
Listing agent: Lindsay Neuren

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