3 bed, 1 bath, 1,344 sqft on 40.56 acres in Cedar Creek. Cedar Creek, TX 78612. $1,100,000. Bastrop ISD.
About This Home
Peaceful country living! Build your dream home on 40+ acres located just 30 minutes from Bastrop and Austin! This beautiful piece of land currently has a manufactured home on it, that you can live in or remove. The value is in the land and has been priced as such. Lots of opportunities with no restrictions. Accessible off county road. Not landlocked.
497 Mount Pleasant Rd Unit #A is a 40.564-acre land-first offering in Cedar Creek, where scale and unrestricted use matter more than the existing residence. In Cedar Creek, TX 78612 in Bastrop County, the combination of county road access, a site that is not landlocked, and more than 40 acres creates a different analysis than a typical small-lot home purchase.
The existing improvement is functional, but it is not the center of the story. The property includes a 2001 manufactured home with 3 bedrooms, 1 full bath, 1 half bath, and 1,344 square feet. At $1.10 million, or $818 per square foot, a buyer should read the numbers through the acreage and the flexibility of the tract rather than through the usual interior-finish comparison used for conventional housing. This is the kind of property where the current home can serve a practical purpose now, whether as immediate occupancy or a holding improvement, while the broader land plan takes shape over time.
That distinction is what gives this listing its relevance. Large tracts with legal access and no restrictions present a wider range of decisions than standard residential inventory. A buyer is not limited to one narrow use case from day one. The land supports immediate control of the site, while the existing structure allows the next owner to decide whether to keep it in service or remove it and reset the property around a future build. That flexibility is the real asset here.
The location also deserves a disciplined reading. The agent remarks place the property about 30 minutes from Bastrop and Austin, which means this is not remote land with weak utility. It sits in a part of the market where acreage still offers room and privacy, while remaining tied to the larger economic pull of Central Texas. For many buyers, that balance is the point. They want usable land, straightforward access, and enough proximity to major hubs to keep the property practical over the long term.
Days on market at 1413 suggest this should be evaluated on its own facts, not against standard residential turnover. For a buyer focused on unrestricted Texas acreage, immediate utility, and the option to shape the site around a future vision, this property stands as a long-range land position with flexibility that tends to hold relevance as growth continues outward from Austin and Bastrop.
The numbers behind this insight
- Offered at
- $1,100,000
- Listed
- April 7, 2022
- Price changes
- 1, down 29% from $1,550,000
- Asking price per sq ft
- $818
- Property Type
- Farm
- Year Built
- 2001
- Lot Size
- 40.56 acres
- Price / Sq Ft
- $818
Listing information last updated July 1, 2026.
Listed by UCAN LLC
MLS# 8835715 • Active
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Highlights
Facts & Features
Interior
- Carpet
- Tile
- Heating
- Central,Electric
- Cooling
- Ceiling Fan(s),Electric
Exterior & Lot
- Private Entrance
- Agricultural
- Farm
- Level
- Trees-Heavy
- Livestock
- Deck
- Roof
- Asphalt,Shingle
- Lot Size
- 40.56 Acres
- Driveway
- Gravel
- Unpaved
Financial
- Original List Price
- $1,550,000
- Price per Sq Ft
- $818
Utilities
- Electricity Connected
- Sewer Available
- Water Available
- Water Source
- Well
- Sewer
- Aerobic Septic
Transaction History
2 records on file
Every recorded listing, sale, and lease at 497 Mount Pleasant RD Unit #A, whoever represented it.
- ActiveListed 2022Current price: $1,100,000Original list: $1,550,000MLS 8957068
- Price changed · February 18, 2026$1,100,000
- ActiveListed 2022Current price: $1,100,000Original list: $1,550,000MLS 8835715
- Price changed · February 18, 2026$1,100,000
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
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Price & Listing History
Price Change with current price, original ask, and market time.
- Current list
- $1,100,000
- Original list
- $1,550,000
- Price movement
- $450K reduction
- Listed / DOM
- Apr 7, 2022 · 1,653 days
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Zoned Schools & District Context
Cedar Creek
Hill Country Middle School
Barton Creek Elementary
Zoned assignments come from the property school fields available to us. District context schools are shown only when an assigned tier is missing. Contact the school district directly to verify current boundaries and enrollment eligibility.
Excluded from this estimate: property taxes, home insurance, and HOA dues. Each requires verified amount, cadence or unit, source, and as-of details.
20% ($220K)
Adjustable assumption - not a lending recommendation.
$1,100,000
Luxury property intelligence
Keenan Market Position
A sourced read on Cedar Creek pricing, timing, and property scale. No automated valuation claim.
List price
$1,100,000
Price per sqft
$818/sqft
Vs. Neighborhood guide reference price
Not available
Days on market
1,653 days
Original to current
$450K reduction
$1.6M original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 16, 2026.
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