This specific address denotes a physical location within a residential area of Cedar Creek, Texas. Such addresses serve as unique identifiers for properties, enabling efficient mail delivery, emergency services response, and general navigation. They are essential for establishing clear property ownership and facilitating various civic and commercial activities.
Accurate and standardized addresses like this one are crucial for a functioning society. They provide a framework for organizing communities, supporting infrastructure development, and ensuring effective communication. Historically, address systems have evolved from informal descriptions to precise geocoding, reflecting advancements in mapping and information technology. This evolution underscores the increasing importance of precise location data in modern life.
Understanding the significance of a specific address within a broader context of location and community lays the groundwork for exploring related topics, such as property values, neighborhood characteristics, and local governance.
1. Location
Location significantly impacts a property’s value and desirability. For a property like that at 172 Colorado Circle, Cedar Creek, TX, its location determines accessibility to essential services, employment centers, transportation networks, and community amenities. Proximity to highly-rated schools, healthcare facilities, shopping centers, and recreational areas can significantly enhance its appeal. Conversely, factors like distance from major urban areas or the presence of industrial zones nearby can influence perceived value. Consider, for example, two similar properties: one situated near a bustling commercial district and another in a remote rural setting. The former might command a higher price due to its convenient access to amenities, while the latter might offer greater tranquility but require longer commutes.
Furthermore, location plays a crucial role in shaping lifestyle. A property situated within a vibrant, walkable community fosters social interaction and a sense of belonging. Access to parks, trails, and other recreational facilities promotes an active lifestyle. Conversely, a location in a secluded area might offer privacy and tranquility but limit access to community resources. The specific location within Cedar Creek itself also influences property taxes, local regulations, and access to municipal services such as water and sanitation. Understanding these location-specific factors offers valuable insights for prospective residents or investors.
In summary, location acts as a critical determinant of a property’s overall character. It influences not only market value but also lifestyle, accessibility, and integration within the broader community. Analyzing the location within Cedar Creek, considering proximity to key amenities and services, provides a comprehensive understanding of the property at 172 Colorado Circle and its potential benefits and drawbacks.
2. Property Value
Property value represents a critical factor in real estate transactions, reflecting market dynamics and individual property characteristics. For a specific property like that located at 172 Colorado Circle, Cedar Creek, TX, understanding its value is essential for potential buyers, sellers, and investors. Various factors contribute to a property’s overall value, creating a complex interplay of market conditions and location-specific attributes.
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Market Conditions
Prevailing market conditions, such as supply and demand dynamics, interest rates, and economic trends, exert a significant influence on property values. A seller’s market, characterized by high demand and limited inventory, can drive prices upward. Conversely, a buyer’s market, with ample inventory and lower demand, may lead to price reductions. Current market trends in Cedar Creek, TX, directly impact the potential value of the property at 172 Colorado Circle.
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Location and Accessibility
As previously discussed, location plays a pivotal role in determining property value. Proximity to desirable amenities, schools, transportation networks, and employment centers can enhance a property’s appeal and increase its market value. The specific location of 172 Colorado Circle within Cedar Creek influences its accessibility and, consequently, its value. Properties situated in highly sought-after neighborhoods within Cedar Creek typically command higher prices than those in less desirable areas.
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Property Features and Condition
The physical characteristics of a property, including its size, age, construction quality, and overall condition, contribute significantly to its value. Features such as the number of bedrooms, bathrooms, square footage, and the presence of amenities like a garage, swimming pool, or updated kitchen can influence market price. The condition of the property at 172 Colorado Circle, including any recent renovations or upgrades, directly impacts its value.
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Comparable Sales
Recent sales of similar properties in the same area provide valuable benchmarks for assessing a property’s market value. Analyzing comparable sales data allows potential buyers and sellers to gauge a reasonable price range. Examining recent sales of similar properties in Cedar Creek offers insights into the potential market value of 172 Colorado Circle.
These factors collectively shape the value of a property like that at 172 Colorado Circle. Understanding their interplay provides a comprehensive perspective on market dynamics and individual property characteristics, enabling informed decision-making for all stakeholders involved in a potential transaction.
3. Neighborhood
The neighborhood surrounding a property significantly influences its desirability and overall character. For a property like that situated at 172 Colorado Circle, Cedar Creek, TX, understanding the neighborhood context is crucial. Neighborhood characteristics encompass various factors, including property types, demographics, amenities, safety, and community engagement. These elements collectively contribute to the neighborhood’s ambiance and influence property values.
Consider, for example, a neighborhood characterized by well-maintained homes, a low crime rate, and active community involvement. Such a neighborhood often attracts families seeking stability and a sense of belonging. Conversely, a neighborhood experiencing high turnover rates, neglected properties, or elevated crime levels may be less appealing to potential residents. Proximity to parks, schools, shopping centers, and recreational facilities enhances neighborhood appeal. The presence of local businesses, community events, and accessible transportation options further contributes to neighborhood vitality. The specific neighborhood in which 172 Colorado Circle is located directly impacts the property’s overall appeal and potential value.
Analyzing neighborhood demographics, including age distribution, income levels, and educational attainment, provides further insights. A neighborhood predominantly populated by young families might offer a vibrant atmosphere but also present challenges related to school overcrowding or limited access to childcare. A neighborhood with a higher proportion of retirees may offer a more tranquil environment but lack the dynamism of a mixed-generational community. Understanding these demographic trends within the neighborhood surrounding 172 Colorado Circle allows for a more nuanced assessment of its suitability for specific needs and preferences. Analyzing these factors provides valuable context for evaluating the property at 172 Colorado Circle within its neighborhood setting.
4. Cedar Creek, TX
Cedar Creek, TX, provides the broader geographical context for the specific property located at 172 Colorado Circle. Understanding the characteristics of Cedar Creek as a town is essential for evaluating the property’s location within a larger framework. This involves considering factors such as the town’s history, demographics, economy, governance, and community resources. These elements collectively contribute to the overall quality of life and influence property values within Cedar Creek.
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Governance and Infrastructure
The local government structure, including municipal services, zoning regulations, and public works projects, directly impacts residents’ quality of life. Effective governance ensures the efficient delivery of essential services such as water, sanitation, road maintenance, and public safety. Zoning regulations influence property development and land use, shaping the character of neighborhoods. Public works projects, including infrastructure improvements and community development initiatives, contribute to the town’s overall growth and prosperity. Cedar Creek’s governance and infrastructure directly affect property values and the living experience at 172 Colorado Circle.
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Community Resources and Amenities
The availability of community resources, including schools, healthcare facilities, libraries, parks, and recreational areas, contributes significantly to a town’s attractiveness. Access to quality education, healthcare, and recreational opportunities enhances residents’ well-being and influences property values. The presence of community centers, cultural institutions, and local businesses further enriches the living experience. Cedar Creek’s community resources and amenities directly impact the appeal of residing at 172 Colorado Circle.
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Economic Landscape and Employment Opportunities
The local economy, including major industries, employment opportunities, and business development initiatives, shapes the financial well-being of residents. A thriving local economy provides job opportunities, attracts new businesses, and fosters economic growth. Cedar Creek’s economic landscape and employment opportunities influence property values and the overall desirability of living in the town, including at 172 Colorado Circle.
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Demographics and Community Profile
The demographic composition of a town, including age distribution, income levels, educational attainment, and ethnic diversity, provides valuable insights into its social fabric. Understanding these demographic trends helps assess the community’s character and potential growth trajectory. Cedar Creek’s demographic profile informs an understanding of the community surrounding 172 Colorado Circle.
These facets of Cedar Creek collectively shape the context within which the property at 172 Colorado Circle exists. Understanding these elements provides a comprehensive perspective on the town’s character, its potential for growth, and its overall impact on property values and quality of life.
5. Residential Property
The designation of a property as “residential” significantly impacts its usage, legal standing, and community context. The property located at 172 Colorado Circle, Cedar Creek, TX, falls under this classification, denoting its intended purpose as a private dwelling. This designation carries specific implications regarding permitted activities, building codes, and property rights. Residential zoning regulations dictate permissible uses, limiting commercial or industrial activities. Building codes mandate specific construction standards to ensure safety and habitability for occupants. Property rights associated with residential ownership grant specific privileges and responsibilities to the owner, including the right to occupy, lease, or sell the property.
Distinguishing between residential and commercial properties is crucial for various reasons. Consider a residential neighborhood comprised primarily of single-family homes. Introducing a commercial enterprise, such as a factory or retail store, could disrupt the neighborhood’s character, increase traffic congestion, and potentially decrease surrounding property values. Conversely, locating a residence within a predominantly commercial or industrial zone might expose occupants to noise pollution, safety concerns, or undesirable environmental conditions. Clearly defining 172 Colorado Circle as a residential property ensures its integration within a community of similar properties, contributing to neighborhood cohesion and maintaining property values.
Understanding the implications of residential property designation provides a framework for responsible development and community planning. This classification safeguards neighborhood integrity, promotes harmonious land use, and ensures compliance with applicable regulations. Classifying 172 Colorado Circle as residential property establishes its intended purpose, protects surrounding property owners, and contributes to the overall stability and character of the Cedar Creek community.
6. Accessibility
Accessibility, concerning a specific property, encompasses various factors influencing its convenience and connectivity. For the property located at 172 Colorado Circle, Cedar Creek, TX, accessibility considerations extend beyond mere physical access to the property itself. It encompasses proximity to essential services, transportation networks, employment centers, and community amenities. Evaluating accessibility involves analyzing road infrastructure, public transportation availability, distance to key destinations, and ease of navigation within the surrounding area. For instance, a property situated near major highways or public transportation hubs offers greater accessibility compared to one located in a remote area with limited transportation options. Similarly, proximity to hospitals, schools, shopping centers, and recreational facilities enhances a property’s overall accessibility and appeal.
The practical significance of accessibility becomes evident when considering daily commutes, access to healthcare, participation in community activities, and overall quality of life. A property with limited accessibility might necessitate longer commutes, restrict access to essential services, and pose challenges for individuals with mobility limitations. Conversely, a property with excellent accessibility facilitates convenient access to employment, education, healthcare, and leisure activities, promoting a more integrated and fulfilling lifestyle. Consider, for example, a family with school-aged children. A property located near reputable schools minimizes commute times, reduces transportation costs, and allows children to engage more readily in extracurricular activities. Similarly, easy access to healthcare facilities becomes paramount for individuals with chronic health conditions or limited mobility. In the context of 172 Colorado Circle, understanding its accessibility profile is crucial for evaluating its suitability for specific needs and preferences.
In summary, accessibility represents a crucial aspect of property evaluation, encompassing various factors that influence convenience, connectivity, and overall quality of life. Analyzing accessibility in relation to 172 Colorado Circle, Cedar Creek, TX, provides valuable insights into its practicality, desirability, and suitability for potential residents or investors. This analysis should consider not only physical access to the property but also its integration within the broader transportation network and its proximity to essential services and community resources.
7. Community Features
Community features significantly influence the desirability of a residential property. These features encompass a range of elements, including shared amenities, public spaces, social infrastructure, and the overall character of the community. For a property such as that located within Cedar Creek, TX, the available community features directly impact the quality of life experienced by residents. Factors such as the presence of parks, recreational facilities, community centers, libraries, and cultural institutions contribute to a vibrant and engaging living environment. Access to well-maintained public spaces fosters social interaction, promotes physical activity, and enhances community cohesion. The availability of organized community events, local clubs, and volunteer opportunities further strengthens social bonds and fosters a sense of belonging.
The impact of community features extends beyond mere convenience. These features play a crucial role in shaping individual well-being, promoting healthy lifestyles, and fostering a sense of community pride. Consider, for example, a community with ample green spaces, walking trails, and recreational facilities. Such a community encourages physical activity, reduces stress levels, and promotes overall health and well-being. Similarly, the presence of libraries, cultural centers, and educational institutions fosters intellectual stimulation, lifelong learning, and community enrichment. The availability of accessible and affordable healthcare services, including hospitals, clinics, and wellness centers, further enhances community well-being. Strong community features contribute to a supportive and inclusive environment, attracting residents seeking a high quality of life. This, in turn, influences property values and contributes to long-term community stability.
In summary, community features represent a crucial component of residential property desirability. These features encompass not only physical amenities and public spaces but also the social infrastructure and overall character of the community. Understanding the available community features within Cedar Creek, TX, provides valuable insights into the potential benefits of residing in this particular location. This understanding facilitates informed decision-making for prospective residents seeking a community that aligns with their lifestyle preferences and values.
8. Potential Investment
Real estate investment often focuses on properties with potential for appreciation, income generation, or both. Analyzing a property like that at 172 Colorado Circle, Cedar Creek, TX, as a potential investment requires careful consideration of various factors. These factors influence its suitability for different investment strategies and its potential for long-term returns. Investment decisions should align with individual financial goals, risk tolerance, and market understanding.
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Market Appreciation
Property values fluctuate over time, influenced by market dynamics, economic conditions, and local development. Analyzing historical price trends, projected growth patterns, and comparable sales data in Cedar Creek provides insights into the potential for market appreciation. A property located in a growing area with increasing demand may offer higher appreciation potential compared to one in a stagnant or declining market. Understanding market trends is crucial for assessing long-term investment returns.
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Rental Income Potential
If the investment strategy involves generating rental income, analyzing local rental market conditions becomes essential. Factors such as average rental rates, vacancy rates, and tenant demand in Cedar Creek influence the potential for generating consistent rental income. Understanding the local tenant pool, including demographics and preferences, helps determine appropriate rental pricing and marketing strategies.
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Property Condition and Maintenance
A property’s physical condition and ongoing maintenance requirements directly impact investment returns. Deferred maintenance can lead to costly repairs, diminishing profitability. Accurately assessing the property’s condition and anticipating future maintenance needs is essential for projecting investment expenses and ensuring long-term value preservation.
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Location and Neighborhood Dynamics
As previously discussed, location plays a critical role in property valuation. For investment purposes, analyzing neighborhood trends, including demographic shifts, infrastructure development, and planned community improvements, is essential. A property located in a desirable neighborhood with positive growth prospects may offer higher appreciation and rental income potential compared to one in a declining or stagnant area.
Analyzing these factors provides a comprehensive framework for evaluating 172 Colorado Circle, Cedar Creek, TX, as a potential investment. Integrating this analysis with individual investment goals, risk tolerance, and market understanding enables informed decision-making and contributes to achieving desired investment outcomes.
Frequently Asked Questions
This section addresses common inquiries regarding properties similar to that located at 172 Colorado Circle, Cedar Creek, TX. Understanding these frequently asked questions provides valuable insights for prospective residents and investors.
Question 1: How are property taxes assessed in Cedar Creek, TX?
Property taxes are typically assessed annually based on the appraised value of the property and local tax rates. Specific information regarding property tax assessments in Cedar Creek can be obtained from the Bastrop County Appraisal District.
Question 2: What is the proximity to essential services such as healthcare and education?
Proximity to essential services varies depending on the specific location within Cedar Creek. Researching local healthcare providers, schools, and other essential services provides specific information relevant to individual needs.
Question 3: What is the typical commute time to major employment centers in the surrounding area?
Commute times vary based on traffic patterns and the location of employment centers. Utilizing online mapping tools and considering peak traffic hours offers realistic commute time estimations.
Question 4: What are the predominant architectural styles and property types available in Cedar Creek?
Cedar Creek offers a variety of architectural styles and property types, ranging from traditional single-family homes to more contemporary designs. Researching local real estate listings and exploring different neighborhoods within Cedar Creek reveals the diversity of available properties.
Question 5: What is the availability of high-speed internet and other utilities in the area?
Utility availability, including high-speed internet, varies depending on the specific location within Cedar Creek. Contacting local utility providers confirms service availability and specific connection options for individual properties.
Question 6: What are the current zoning regulations and development plans for the area surrounding the property?
Zoning regulations and development plans can impact property values and future development potential. Consulting the local planning and zoning department provides information regarding current regulations and planned developments in Cedar Creek.
Understanding these frequently asked questions enhances informed decision-making regarding properties within Cedar Creek. Further research and consultation with local experts provide tailored information relevant to specific needs and circumstances.
This concludes the frequently asked questions section. The following sections will delve into further aspects of property ownership and investment considerations in Cedar Creek, TX.
Tips for Researching Properties Like 172 Colorado Circle, Cedar Creek, TX
Thorough research is crucial when considering property acquisition. Due diligence minimizes risks and facilitates informed decisions. The following tips provide guidance for researching similar properties.
Tip 1: Utilize Online Mapping Tools
Online mapping services provide valuable insights into a property’s location, proximity to amenities, and surrounding neighborhood characteristics. Exploring street views and aerial imagery offers a virtual tour, supplementing in-person visits.
Tip 2: Consult Local Real Estate Professionals
Local real estate agents possess in-depth market knowledge, access to property listings, and expertise in negotiating transactions. Their guidance can prove invaluable throughout the buying or selling process.
Tip 3: Research Property Tax Rates and Local Regulations
Property taxes and local regulations significantly impact ownership costs and potential usage. Consulting the local appraisal district and municipal authorities provides essential information regarding tax rates, zoning restrictions, and building codes.
Tip 4: Analyze Comparable Sales Data
Recent sales of similar properties offer valuable benchmarks for assessing market value. Examining comparable sales data provides insights into pricing trends and helps determine a reasonable offer price or listing price.
Tip 5: Assess the Condition of the Property
A thorough property inspection identifies potential maintenance issues or structural deficiencies. Engaging a qualified inspector provides an objective assessment, enabling informed decisions regarding necessary repairs or renovations.
Tip 6: Investigate Community Resources and Amenities
Access to quality schools, healthcare facilities, recreational areas, and other community resources enhances quality of life. Researching available amenities and their proximity to the property contributes to informed decision-making.
Tip 7: Consider Future Development Plans
Planned infrastructure projects, zoning changes, or community development initiatives can impact property values and future growth potential. Researching local development plans informs investment decisions and long-term property ownership strategies.
Implementing these research strategies empowers informed decisions, mitigates potential risks, and enhances the likelihood of a successful property transaction. Thorough due diligence is crucial for maximizing investment returns and ensuring long-term satisfaction with a property purchase.
By following these tips, prospective buyers and investors gain a comprehensive understanding of properties similar to 172 Colorado Circle, Cedar Creek, TX, enabling informed decisions aligned with individual needs and investment goals. The following conclusion summarizes the key takeaways presented throughout this exploration of property research and due diligence.
Conclusion
Analysis of 172 Colorado Circle, Cedar Creek, TX, requires a multifaceted approach. Understanding its location within Cedar Creek, the property’s characteristics, neighborhood dynamics, and potential as an investment necessitates thorough research. Factors such as accessibility, community features, and local market trends contribute significantly to a comprehensive evaluation. Due diligence, including property inspection and market analysis, remains crucial for informed decision-making.
Careful consideration of these elements provides a framework for evaluating properties within Cedar Creek. Thorough research empowers potential buyers and investors to make informed decisions aligned with individual needs and investment objectives. A comprehensive understanding of location-specific factors, property characteristics, and market dynamics contributes to successful property transactions and long-term investment success.
