478 Cardinal Dr #A, B, C, D

Paige, TX 78659

$699,900

6 beds
2 baths
1,768 sq ft
3.9 acres
Built 2021

Listed by Keller Williams Realty · MLS #ACT3621341

Listing status & updates

MLS last changed: Not supplied by this listing source
Availability last checked: No per-listing check is recorded

Source changes and availability checks are different. A website import or photo check does not confirm that a property is still available. Confirm availability with the listing agent. Ask about the listing status

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478 Cardinal Dr #A, B, C, D, Paige, TX 78659 · MLS #ACT3621341

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A FEW THINGS TO NOTICE

What stands out.

Living spaces

The main home (Unit A) remains classified as personal property and is subject to an existing lien that the seller intends to satisfy at closing/funding.

Year built

Built in 2021.

Property size

3.9 acres listed.

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

THE PROPERTY

Get to know the property.

Welcome to a rare and versatile opportunity in Paige, Texas. Situated on 3.9+/- fully fenced acres, this thoughtfully improved property offers privacy, flexibility, and exceptional income potential. The property features a spacious 1,768 sq ft main manufactured home (Unit A) plus three separate single-wide homes: Unit B (924 sq ft), Unit C (924 sq ft), and Unit D (1,064 sq ft). Each residence has its own septic system, water meter, electric service, and individual address, creating a unique multi-dwelling setup.
Whether you're seeking multi-generational living, rental income, or a private family compound, this property offers endless possibilities. Live in the main home while generating income from the additional residences, or create a shared living environment with space for everyone. The land has been cleared and fully fenced, with major infrastructure already in place, making this a rare turnkey opportunity in growing Bastrop County. Conveniently located with easy access to Bastrop, Elgin, and surrounding areas, you'll enjoy peaceful country living with everyday convenience.
Property Classification Disclosure: The property includes four manufactured homes. Three homes (Units B, C, and D) have been elected as real property through the Texas Department of Housing and Community Affairs (TDHCA). The main home (Unit A) remains classified as personal property and is subject to an existing lien that the seller intends to satisfy at closing/funding. Specialized financing may be required. Buyers and buyer's agents should independently verify property classifications, financing eligibility, and conveyance requirements.

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THE NEIGHBORHOOD

Explore the location.

478 Cardinal Dr #A, B, C, D, Paige, TX 78659

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THE DETAILS

The details, all in one place.

Property type: Residential
Category: Residential
Year built: 2021
Full baths: 2
Half baths: 0
Garage spaces: 0
Cooling: Ceiling Fan(s), Central Air
Heating: Central
Appliances: Electric Range, Free-Standing Electric Oven
Flooring: Laminate, Tile
Fencing: Full
Accessibility: Accessible Approach with Ramp
Pool features: None
Subdivision: Ponderosa Homestead
Parcel: 51223
Elementary school: Lost Pines
Middle school: Bastrop
High school: Bastrop
Annual property tax: $4,837.36

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

Investor outlook Rental potential, ownership costs and property management

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$1,708.23

Estimated monthly rent$2,916.25

Cap rate3.18%

Annual operating income: $22,248.52

HOA: No HOA cost is included because the listing source does not report one. Confirm whether HOA dues apply before relying on this estimate.

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Purchase price

Rental income & operating costs

Estimated monthly rent

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

Vacancy allowance (%) Management fee (%) Maintenance reserve (%) Capital reserve (%)

Annual property tax

Annual insurance

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.

Monthly HOA

Other monthly costs

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

Down payment (%) Interest rate (%) Loan term

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).

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Listing information

MLS #ACT3621341 · Austin Board of Realtors

Listing brokerage: Keller Williams Realty
Listing agent: Emilia Montalvo

Listing status: Active. MLS last changed: not supplied. Availability last checked: not recorded. Confirm current availability and price with the listing agent.