$258,000

Property Overview

This Cedar Park gem at 808 Russet Valley Drive presents an exceptional opportunity for savvy buyers seeking value and versatility in a rapidly growing corridor. The two-bedroom, two-bath residence spans 910 square feet on a spacious 7,592-square-foot lot, offering room to expand or enhance outdoor living. Recently benefiting from reduced property taxes, this 1984-built home has proven its income potential through short-term rental history while maintaining residential charm in an established neighborhood.

The thoughtful floor plan maximizes natural light and functional living space, with a primary suite featuring a private bath and the secondary bedroom offering flexibility for guests, remote work, or future expansion. The kitchen provides ample counter and storage space for daily living and entertaining, while the generous backyard creates an inviting retreat from the Cedar Park activity. Located near the H-E-B Center, Leander ISD schools, and quick US 183 access, this property bridges suburban tranquility with convenient urban connections to Austin.

At $284 per square foot, this listing sits above the Cedar Park area median, reflecting its investment-grade characteristics and the neighborhood's strengthening retail and commercial landscape. The combination of reduced tax assessment, proven rental appeal, and room for personalization makes 808 Russet Valley Drive a distinctive prospect in the Cedar Park market.

Vox Residential Insight

The tax reduction on this property, coupled with its documented short-term rental success, signals strong bones and appeal that attracted previous investors—something Vox Residential sees as a compelling foundation for both owner-occupants and those exploring income-generating potential. The oversized lot relative to the home's footprint is increasingly rare in Cedar Park's tightening market and offers tangible upside that astute buyers recognize.

Agent Description

Welcome to 808 Russet Valley Drive in the heart of Cedar Park—where comfort, convenience, and community come together beautifully. Nestled in a well-established neighborhood, this inviting home offers a perfect blend of functionality and charm, ideal for both everyday living and entertaining. This property ha sbeen used as an Air B-n-B and taxes have recently been reduced by the state! Step inside to discover a thoughtfully designed layout featuring spacious living areas filled with natural light, creating a warm and welcoming atmosphere. The kitchen serves as the heart of the home, offering ample counter space and storage, perfect for preparing meals and gathering with family and friends. The primary suite provides a peaceful retreat, complete with a private bath and generous closet space, while the 2nd bedroom offers flexibility for guests, a home office, or growing needs. Outside, the backyard invites you to relax or entertain with plenty of room to create your own outdoor oasis. Located just minutes from top-rated Leander ISD schools, shopping, dining, and major commuter routes, this home offers the ideal balance of suburban tranquility and everyday convenience. Whether you're a first-time buyer, growing household, or savvy investor, this Cedar Park gem is full of opportunity. You could walk into this property with 100k in equity!

Neighborhood: Cedar Park

This property is located in Cedar Park, Austin, TX. The area is known for H-E-B Center, Leander ISD Schools, Growing Retail, US 183 Corridor, Easy Austin Access.

At $284/sqft, this listing is priced 30% above the Cedar Park median of $219/sqft.

Property Details

Listing data last updated: May 19, 2026

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