3 bed, 2 bath, 4,632 sqft on 2.01 acres in Cedar Creek. Cedar Creek, TX 78612. $1,700,000. Bastrop ISD.
About This Home
OWNER FINANCING POSSIBLE - Owner ready to deal - Incredible Investment Opportunity so many things this property could become with the growth. – Residential Rental or Commercial Development! RV PARKS ARE BOOMING IN THE AREA. Don’t miss this unique chance to own a versatile 6-acre property located less than a mile from Hwy 71, ideally situated between Austin and Bastrop. Whether you're looking to generate steady rental income or develop your own commercial project, this property delivers. The site includes 5 tenant-occupied homes, a workshop, and utility packages already in place, making it ready for immediate use or expansion. The area is rapidly growing with nearby businesses already established and major employers like Tesla, The Boring Company, SpaceX, and Austin-Bergstrom International Airport just minutes away. This is a prime location with long-term tenants who consistently pay on time (on the 1st of each month) and have a strong rental history. Perfect for investors, developers, or entrepreneurs—this property offers flexibility and unlimited potential in one of the hottest growth corridors in Central Texas.
At $389 per square foot, 5111 Tucker Hill Ln Unit #1, 3, 5, 7 stands out as a rare 2.01-acre holding in Cedar Creek with 4,632 square feet of improvements already in place. In Cedar Creek, 5111 Tucker Hill Ln Unit #1, 3, 5, 7 sits in one of Bastrop County’s most active growth corridors, less than a mile from Highway 71 and positioned for both day-to-day convenience and long-term upside.
This residential single family residence was built in 1987 and combines scale, land, and location in a way that is hard to find east of Austin. The headline numbers are clear: $1.80 million, 3 bedrooms, 2 bathrooms, 4,632 square feet, and a 2.01-acre lot. What makes the property different is its flexibility. Cedar Creek attracts buyers who want room to operate, space between neighbors, and direct access to the Austin-Bastrop corridor without giving up proximity to major employment centers. From this address, Highway 71 is the key connector, putting Cedar Creek, Bastrop, Austin-Bergstrom International Airport, and the Tesla corridor into a practical regional map for work, travel, and future use.
For families looking at schools, the property is zoned to Bastrop ISD, with Camino Real Elementary, Cedar Creek Middle, and Cedar Creek High School serving the area. That matters because school assignment is one of the first filters buyers use when comparing Cedar Creek properties against nearby options in Bastrop County. The local pattern here appeals to buyers who want land and access rather than a dense subdivision setting, while still staying tied to established campuses and the daily services along Highway 71.
Geographically, this is a strong location for anyone tracking where Central Texas growth is moving. Bastrop and Cedar Creek continue to benefit from demand spilling east from Austin, and this stretch of Highway 71 has become more relevant as employers like Tesla, The Boring Company, and SpaceX expand the conversation around commuting, logistics, and land value. The route to Bastrop is straightforward, the route west toward Austin is just as important, and Austin-Bergstrom International Airport adds another layer of practical access for frequent travelers and second-home owners.
After 311 days on market, this property still reads as a specific kind of opportunity: larger land, established improvements, Bastrop ISD schools, and a Cedar Creek address with real geographic logic behind it. In a part of Cedar Creek where growth is no longer theoretical, that combination gives owners room to shape both lifestyle and value over the next cycle.
The numbers behind this insight
- Offered at
- $1,700,000
- Listed
- April 20, 2025
- Price changes
- 3, down 15% from $1,999,000
- Asking price per sq ft
- $367
- Property Type
- Residential
- Year Built
- 1987
- Lot Size
- 2.01 acres
- Price / Sq Ft
- $367
Listing information last updated August 23, 2026.
Listed by Centum Oak Realty LLC
MLS# 1859192 • Active
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Highlights
Facts & Features
Interior
- Ceiling Fan(s)
- Laminate Counters
- No Interior Steps
- Primary Bedroom on Main
- Storage
- Dishwasher
- Electric Range
- Free-Standing Electric Range
- Free-Standing Refrigerator
- Concrete
- Laminate
- Heating
- Central
- Cooling
- Ceiling Fan(s),Central Air
Exterior & Lot
- Exterior Steps
- Brick
- Brick Veneer
- Cleared
- Level
- Back Yard
- Block
- Slab
- Covered
- Front Porch
- Rear Porch
- Roof
- Composition
- Lot Size
- 2.01 Acres
- Gravel
- Off Street
- Unpaved
Financial
- Original List Price
- $1,999,000
- Price per Sq Ft
- $367
Utilities
- Cable Available
- Electricity Connected
- Phone Available
- Sewer Connected
- Water Connected
- Water Source
- Private
- Sewer
- Aerobic Septic,Septic Tank
Transaction History
1 record on file
Every recorded listing, sale, and lease at 5111 Tucker Hill LN Unit #1, whoever represented it.
- ActiveListed 2025Current price: $1,700,000Original list: $1,999,000MLS 1859192
- Price changed · January 30, 2026$1,800,000
- Price changed · May 11, 2026$1,500,000
- Price changed · August 5, 2026$1,700,000
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
Price & Listing History
Price Change with current price, original ask, and market time.
- Current list
- $1,700,000
- Original list
- $1,999,000
- Price movement
- $299K reduction
- Listed / DOM
- Apr 20, 2025 · 550 days
Zoned Schools
Bastrop ISD
Cedar Creek
Cedar Creek
Camino Real
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% ($340K)
Adjustable assumption - not a lending recommendation.
$1,700,000
Luxury property intelligence
Keenan Market Position
A sourced read on Cedar Creek pricing, timing, and property scale. No automated valuation claim.
List price
$1,700,000
Price per sqft
$367/sqft
Vs. Neighborhood guide reference price
Not available
Days on market
550 days
Original to current
$299K reduction
$2M original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 15, 2026.
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