AUSTIN Cedar Park/Leander
Address                         Price                    Total mortgage with 20% down payment:          Current Interest Rate:

414 Pecan Grove        $129,521                                            $103,616                                    6.5% 30year


 
Features:
3 Bedrooms
2 Full Baths
2 Living
2 Dining
Huge Family Room
2 Car Garage
Large kitchen with island
Sq. Ft.1734

Monthly Expenses

Principal/Interest$654.93
Property Taxes$270.91
Insurance$81.61
Management fee$72.00
Association fee$12.50
TOTAL:$1091.95
Rental Rate: $1,150-1,200
Cash Flow:$58-108
Approximately $385 
Appraisal fee
Non-Refundable

Old Town Village is the only new home community in the heart of the community of Leander on the north end of Cedar Park, Texas.CEDAR PARK is the fourth fastest growing city in the nation, population 10-50,000, according to the United States Bureau of the Census.Cedar Park has exploded on the popularity scale, developing into an urban center of over 30,000 residents in 10 years. Cedar Park is located just 22 miles north of downtown Austin, Texas and sits at the top of the capitol city's technology corridor.It is the second fastest growing city in the State of Texas, having exploded over 400% in the last decade.The labor force is well educated and highly skilled and the school district is rated exemplary.

According to Gehan Homes, Old Town Village has 210 lots to be developed, 70 of which are currently developed.Ten of those are sold or under contract, six more allocated for speculative homes.A $12.50/ month fee charged to each homeowner for maintenance of common areas, the subdivision entry, a 4.1 acre unimproved park that is kept mowed.Gehan Homes is an EM 1000builder, setting high standards for quality construction.

Front yard is professionally landscaped, including shrubs and sodded front and side yards to fence and one Live Oak tree.Back yard has 6 foot wood privacy fence with gate.Garage is fully sheetrocked.Home has three sides brick.The floor plan (Buchanan) has an exterior entry and impressive foyer opening into a large living room with formal dining area.The kitchen is large with plenty of cabinets and a center island. It is open to the breakfast and family rooms.This house has a spacious feeling, enhanced by plenty of windows, nine and ten foot ceilings.Kitchen appliances are GE “White on white” including 30” gas range, vent hood with light, oak panel cabinetry with crown moulding and 42” uppers.Countertops are Wilsonart laminate with cove backsplash. The interior is pre-wired (CAT 5) for telephone and cable (RG6 Quad).Hall bath tub is porcelain on steel with tile surround.Fixtures are Moen, bath cabinets are white with raised panel doors, interior doors are wood grain finish.Master bath ahs separate shower enclosure with marble surround, cultured marble vanity tops, and large walk-in closets.Energy saving features are R-30 attic insulation (R-22 in sloped ceilings), 12 SEER Goodman cooling/heating system with R6 duct, 2-stage air tight Poly Sealant on exterior walls, windows, doors and baseboards, Celotex insulated sheathing (R-3.6), ceiling fan in family room.Divided light windows have low E2 glazing.Safety features are quality copper electrical wiring and copper water supply lines, water saving commodes, 50 gallon A.O. Smith quick recovery gas water heater.There is a 10 year RWC/Home of Texas Limited Warranty.

Earnest money is $1000 plus ½ of options to be added.Builder will pay for title policy if buyer obtains loan from Builder’s lender.Items required after close of escrow are blinds, additional ceiling fans, garage door opener, backyard grass.

BUYER IS ADVISED THAT ALL INFORMATION CONTAINED ABOVE HAS BEEN OBTAINED FROM SOURCES DEEMED RELIABLE BUT IS NOT GUARANTEED AND BUYERS AGREE TO TAKE FULL RESPONSIBILITY IN SATISFYING THEMSELVES AS TO ITS ACCURACY.

Professional home inspections are available for about $250.00.Properties are subject to a leasing fee, 60% of one month’s rent.New homebuilders reserve the right to increase prices without notice but not after a completed contract.The selling price may have been increased to cover additional closing costs and/or real estate co-broke fees to allow buyer to finance them as opposed to paying them up front.

ABOUT CEDAR PARK (Austin, Texas)

Cedar Park’s popularity as a place to live, work and raise families comes as no surprise to the

citizens who helped the town grow. Located a reasonable drive from the heart of downtown Austin, the State Capitol and home of The University of Texas, Cedar Park offers all the amenities of a major metropolitan area but far enough away to offer the relaxed life style that is in keeping with a family oriented community.

While Austin is known as the “Live Music Capital of the World” there is an abundance of cultural and recreational opportunities for families to enjoy. The Highland Lakes area, a system of five lakes created along the beautiful Colorado River, stretches from downtown Austin (Town Lake and Auditorium Shores) to Lake Buchanan some 60 miles away in Burnet. The largest of the lakes, Lake Travis, is the most popular recreational site among the lakes and can be easily accessed at numerous sites ranging from five miles to ten miles from Cedar Park.

Cedar Park’s popularity as a place to live, work and raise families comes as no surprise to the

citizens who helped the town grow. Located only 17 miles from the heart of downtown Austin, the State Capitol and home of The University of Texas, Cedar Park offers all the amenities of a

major metropolitan area but far enough away to offer the relaxed life style that is in keeping with a family oriented community.

One of the advantages of living in Cedar Park and central Texas is that there is just so much to do, so much to enjoy, all within a 30-minute drive.

Springtime in the Hill Country is one of the most popular seasons of the year as native Texas wildflowers turn the hillsides into virtual gardens of color. One of the more popular scenic drives, anytime of the year but especially in the spring, begins in Cedar Park and ranges in a circular drive from Cedar Park to Marble Falls on Lake LBJ to Burnet and back to Cedar Park, a total driving distance of 90 miles.

Scenic vistas are only part of the beauty and recreational opportunities of the Texas Hill Country.

Some of the best golf courses in Texas are located only a few minutes driving time, distance, from Cedar Park. Crystal Falls Golf Course, an eighteen hole municipal course is located in the scenic canyons just north of Cedar Park, within 15 minutes of your doorstep. For variety, pick other challenging courses in the immediate area including River Place, Lago Vista Country Club, Highland Lakes Country Club, and Point Venture...all public access courses within 30 minutes of Cedar Park.

At home in Cedar Park you will find plenty of recreational opportunities for all family members.

Youth sports are scheduled year-round and include basketball, Pop Warner football, soccer, as well as baseball and softball for all ages. Cedar Park has two of the area’s best swimming pool and park complexes as well as numerous neighborhood parks spread throughout the city.

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SOME CEDAR PARK EMPLOYERS:

Austin Wood RecyclingContract recycling,

organic recycling, mulch

manufacturing, land clearing, waste

hauling.

Baker Drywall CompanyCommercial drywall and acoustical

CoreSlab StructuresPre-cast concrete for

commercial applications

Electronic & MetalContract Electronic

Industries, Inc.Manufacturing Service (CEMS)

provider that tests, repairs and

reconditions to IPC-A610C, level 2

standards through-0hole and

surface-mount printed circuit

assemblies, cables and harnesses,

power supplies, panel assemblies,

and "black boxes".

ETS LindgrenElectromagnetic

Compatibility

Foxworth-GalbraithCommercial/Retail

building supplies

Human Systems Tech.Contract manufacturing

and process engineering

Hur Enterprises, Inc.Industrial Cleaning Supplies

M.E. Ruby, Jr., Inc.Crushed limestone

Rapidfire IncorporatedBuild investment casting

molds and precision machining

TDK RF Solutions, Inc.Electromagnetic

compatibility system controls,

monitoring devices, antennas, strip

lines, anechoic chambers, wide

band cascade and ferrite absorbers,

test systems and software.

Texas TechnologiesFull service wholesaler of

manufacturing packaging and

clean-room supplies for electronics,

semiconductor and pharmaceutical

industries.

TouchKO, Inc.Resistive touch screens

and controllers for integration into

CRT units of select sizes.

414 Pecan Grove is located at #2 on the map.