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ActiveMLS #1352681

1587 State Highway 71 W # A, Cedar Creek TX 78612

Cedar Creek, TX 78612 · Wyldwood Estates

See Remarks for sale in Wyldwood Estates

2Bedrooms
2Bathrooms
2,764Square Ft
1.76Acres
0Garage
1980Year Built
Price Reduced
1 / 10
$650,000$1,100,000

Overview

Property Description

Located in the heart of Cedar Creek, TX, this exceptional 1.76-acre property offers over 300 feet of high-visibility frontage along State Highway 71, one of the area's busiest roads. With thousands of cars passing daily, this property presents a rare opportunity for businesses seeking maximum exposure and high traffic potential. Whether you're looking to establish a retail location, a restaurant, or another commercial venture, this expansive lot offers ample space for development and is perfectly positioned to grab the attention of commuters and locals alike. The prime location ensures your business will benefit from significant visibility and easy access, with the added advantage of being just minutes from the growing communities of Cedar Creek and Bastrop. Don't miss out on this incredible investment opportunity in a high-traffic area with endless potential. Make your move today!

Financial Info
Price
$650,000
$ / Sqft
$235
HOA
None
Est. Taxes
$16,563.84
Tax Year
2024
Exemptions
See Remarks
Legal Info
Address
1587 State Highway 71 W # A
County
Bastrop
City
Cedar Creek
State
TX
Zip
78612
Subdivision
Wyldwood Estates
Legal Description
S8500 - WYLDWOOD ESTATES LOT 7 FR, ACRES 1.7591
Parcel
53245
Interior Features
Floor
See Remarks
Num Living
2
Dining
1
Appliances
Built-In Electric Range, Refrigerator
Master Main
Yes
General Info
Beds
2 Total / 1 Main Level / 1 Other Level
Full / Half Baths
2 / 0
Prop Type
Residential
Property Type
See Remarks
Stories
2
Year Built
1980 / See Remarks
Square Feet
2,764 / Public Records
Garage Desc
Additional Parking
Foundation
Slab
Roof
Metal
Construction
Brick Veneer, Wood Siding
Acres
1.76
Lot Description
See Remarks
Restrictions
See Remarks
Flood Plain
No
View
None
Water Access
No
Waterfront
No
Area
BW
Utility Info
Utilities
Electricity Connected, Sewer Connected, Water Connected
Exterior Features
Fence
Partial
Exterior Features
Porch
Pool On Property
Yes
Area Amenities
None

Rooms

Rooms5 rooms

Main level

  • Kitchen

    2 Refrigerators and 2 Range ovens

    See Remarks

  • Bathroom

    See Remarks

First level

  • Primary Bedroom

    See Remarks

Second level

  • Bedroom

    See Remarks

  • Bathroom

    See Remarks

Price history

Members only
Days on market
−$450,000 (−40.9%)
$1,100,000 → $650,000
7
Price reductions
Active
Since Mar 28, 2025
Price trend
List priceMar 2025Feb 2026
Property history9 events
DateEventPriceChange
Feb 9, 2026Price Decrease$650,000−$49,999 (−7.1%)
Dec 31, 2025Price Decrease$699,999−$50,000 (−6.7%)
Dec 15, 2025Price Decrease$749,999−$50,000 (−6.3%)
Nov 25, 2025Price Decrease$799,999−$100,000 (−11.1%)
Aug 29, 2025Price Decrease$899,999−$100,000 (−10%)
Jul 1, 2025Price Decrease$999,999−$100,001 (−9.1%)
Jun 11, 2025Price Increase$1,100,000+$100,001 (+10%)
Jun 11, 2025Price Decrease$999,999−$100,001 (−9.1%)
Mar 28, 2025New Listing

Taxes

Tax data isn’t available for this property’s county yet.

Schools

School Info
District
Bastrop ISD
Elementary
Bluebonnet (Bastrop ISD)
Middle
Creekside
High
Cedar Creek

Maps

Financing

Your preferences

  • 20% down
  • Conv/Jumbo
  • 30 years
  • 6.50% rate

Saved on this device

List price $650,000
Down payment
Stays 20% if you change the price
Note rate, not APR
From this listing’s tax record
*Estimated only (1% of price / yr)

Estimated monthly payment

$5,209 / mo

20% down · 6.50% interest · 30-year fixed

Estimated monthly payment $5,209

Principal & interest
$3,287
Property taxes
$1,380
Homeowners insurance
$542

*PITI only

These figures are estimates for general information only — not a loan offer, a quote, or a guarantee of financing terms.

Principal, interest and balance for each year
YearStarting balancePrincipal paidInterest paidEnding balancePrincipal vs interest
1$520,000$5,812$33,629$514,188
2$514,188$6,201$33,240$507,986
3$507,986$6,617$32,824$501,370
4$501,370$7,060$32,381$494,310
5$494,310$7,533$31,908$486,777
6$486,777$8,037$31,404$478,740
7$478,740$8,575$30,866$470,164
8$470,164$9,150$30,291$461,015
9$461,015$9,763$29,679$451,252
10$451,252$10,416$29,025$440,836
  • Year 1$514,188
    Principal paid
    $5,812
    Interest paid
    $33,629
    Starting balance
    $520,000
  • Year 2$507,986
    Principal paid
    $6,201
    Interest paid
    $33,240
    Starting balance
    $514,188
  • Year 3$501,370
    Principal paid
    $6,617
    Interest paid
    $32,824
    Starting balance
    $507,986
  • Year 4$494,310
    Principal paid
    $7,060
    Interest paid
    $32,381
    Starting balance
    $501,370
  • Year 5$486,777
    Principal paid
    $7,533
    Interest paid
    $31,908
    Starting balance
    $494,310
  • Year 6$478,740
    Principal paid
    $8,037
    Interest paid
    $31,404
    Starting balance
    $486,777
  • Year 7$470,164
    Principal paid
    $8,575
    Interest paid
    $30,866
    Starting balance
    $478,740
  • Year 8$461,015
    Principal paid
    $9,150
    Interest paid
    $30,291
    Starting balance
    $470,164
  • Year 9$451,252
    Principal paid
    $9,763
    Interest paid
    $29,679
    Starting balance
    $461,015
  • Year 10$440,836
    Principal paid
    $10,416
    Interest paid
    $29,025
    Starting balance
    $451,252
First 10 of 30 years

Nearby

Courtesy of Central Metro Realty · (512) 454-6873

Listings courtesy of ACTRIS as distributed by MLS GRID.