ActiveResidential · sale

1609 Paper Moon Dr

Cedar Park, TX 78613

$420,000

  • 3 beds
  • 2 baths
  • 1,910 sq ft
  • 0.22 acres
  • Built 1997

Listed by Moreland Properties · MLS #ACT7594346

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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PROPERTY QUESTIONS & SHOWINGS

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1609 Paper Moon Dr, Cedar Park, TX 78613 · MLS #ACT7594346

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A FEW THINGS TO NOTICE

What stands out.

Living spaces

The entrance foyer opens to the family room, anchored by a fireplace.

Details worth a look

The private, landscaped backyard has a large patio with plenty of shade.

Year built

Built in 1997.

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

THE PROPERTY

Get to know the property.

Set on a level lot with large, mature trees, 1609 Paper Moon Drive offers three bedrooms, two baths, and 1,910 square feet on one level. Built in 1997, the home has masonry on all four sides, a slab foundation, a composition roof, and a two-car attached garage. The entrance foyer opens to the family room, anchored by a fireplace. Just beyond, the kitchen overlooks the family room and features a center island, breakfast area, and walk-in pantry. A separate dining area offers space for hosting. The primary bedroom includes a walk-in closet and a bath with a double vanity, and the secondary bedrooms are filled with natural light from large front-facing windows. Natural gas central heat and central air serve the home. The private, landscaped backyard has a large patio with plenty of shade. Elizabeth Milburn Park is a short walk away, with a community pool, splash pad, tennis and basketball courts, sand volleyball, a BMX track, and a one-mile trail. Trails into the Buttercup Creek Cave Preserve begin at the neighborhood park. There is no HOA. The home is zoned to Leander ISD, with Cedar Park Middle and Cedar Park High about a mile away. Lakeline Market, with H-E-B, Alamo Drafthouse, and a mix of shops and restaurants, is just minutes from home, with easy access to US 183 and 183A.
Explore the locationMore properties in Cedar Park

THE NEIGHBORHOOD

Explore the location.

1609 Paper Moon Dr, Cedar Park, TX 78613

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LOCAL MARKET CONTEXT

Williamson County housing market

See the broader conditions surrounding this property through ERA Brokers Consolidated research.

12-month price trend$406,383Down 3.3% vs. the previous 12 months
Months of supply4.912-month average
Days on market8812-month weighted average

Latest available data: October 2026. Research by ERA Brokers Consolidated.

Explore the full market report

These figures describe the broader reporting area and do not determine this property’s value, condition, availability, or likely sale price.

THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
1997
Full baths
2
Half baths
0
Garage spaces
2
Cooling
Central Air
Heating
Central
Appliances
Dishwasher, Free-Standing Gas Oven, Gas Oven, Range
Flooring
Carpet, Laminate, Tile
Fencing
Back Yard
Accessibility
None
Pool features
None
Subdivision
Ranch At Cypress Creek Sec 03
Parcel
17W339630C00090008
Elementary school
Cypress
Middle school
Cedar Park
High school
Cedar Park
Annual property tax
$8,346.22

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$575.65
Estimated monthly rent$1,750.00
Cap rate1.89%

Annual operating income: $7,957.78

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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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 & 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

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Put your investment outlook into practice. Team ERA can help you confirm local rental potential and plan for the day-to-day of ownership.

  1. Understand the opportunity.

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  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.

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Stone-front home with a landscaped lawn and central entry
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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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Listing information

MLS #ACT7594346 · Austin Board of Realtors

Listing brokerage: Moreland Properties
Listing agent: Amy Deane

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