Active Listing  ·  60 days on market

10512 Thoroughbred Dr

Austin, TX 78748
$575,000
4 Bed 4 Bath 3,188 sqft $180/sqft Built 2003 0.20 acres 2-Car Garage Pool Stablewood At Slaughter Creeks

PRICE INCLUDES these EXTRAS — washer/dryer set, refrigerator, and all other appliances, 5 TVs installed throughout the house, and the pool table! The option to purchase the home fully furnished is also available.

This is a gorgeous home in a fantastic location, tucked in the lovely Stablewood at Slaughter Creek community. Low HOA fees. Enjoy the best of both worlds — living in a picturesque wooded area with private backyard access to trails leading to Slaughter Creek, all while being just 10 miles from Downtown Austin. Serene & Beautiful. Floor-to-ceiling windows and 18-foot vaulted ceilings in the main living area overlook towering, mature live oak trees & wooded views. Indoor living blends seamlessly with the outdoors.

This large home is 3,188 sq. ft. on a large lot, with 4 bedrooms, 2 additional bonus rooms, multiple living areas, and 2 dining areas — room for plenty of friends and family. New plush carpet was just installed in the primary bedroom and walk-in closet, and new modern ceiling fans were just installed upstairs. Updates galore include 3 AC units with new ductwork & built-in kitchen appliances. The gourmet kitchen flows onto a large multi-level deck overlooking the live oaks and the surrounding woods and creek. It is beautiful!

Upstairs offers a spacious recreation room, a built-in desk nook, three additional bedrooms, two full baths, and a bonus room with a built-in bed — so many possibilities! The community has a lovely pool with splash pad, playgrounds, and private trails with direct access to Slaughter Creek and Mary Moore Searight's 340 acres of wooded trails. Southpark Meadows is just 5 minutes away, offering an abundance of shopping, groceries, dining, and more.

Turn-key living nestled in the woods, close to everything you need. Don't miss this unique home and opportunity!

At $180/sqft, this home is 54% below the Austin active market average of $391/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

10512 Thoroughbred Dr, Austin, TX 78748

Property Details

Price $575,000
Status Active Listing
Beds 4
Full Baths 3
Half Baths 1
Living Area 3,188 sqft
Lot Size 0.20 acres (8,607.46 sqft)
Year Built 2003
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Stablewood At Slaughter Creeks
County Travis
Zip Code 78748
$/sqft $180/sqft
Days on Market ,
HOA $350/Annually
Annual Tax Est. $11,556.26
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT232041683
List Date June 5, 2026
Elementary School Menchaca
Middle School Paredes
High School Akins
School District ,

Luke Allen (TREC #788149) has deep knowledge of Austin and surrounding markets. Whether you're buying, selling, or just researching comparable sales, reach out for a no-pressure conversation.

Schedule a Call →

Price History

How This Ask Has Moved

Original list price versus what this home is asking today. Straight from the ACTRIS MLS feed, no interpretation.

Original ask · June 5, 2026 $610,000
Previous ask $599,000
Current ask $575,000
Reduced $35,000 (-5.7%) from original ask

Source: ACTRIS MLS. Price change timestamp reflects the most recent adjustment on record; the feed does not expose intermediate steps between the original ask and today's ask.

Similar Homes on the Market in Austin

Comparable Listings Right Now

Homes currently for sale in Austin with similar bedroom count, size, and price range, giving you real-time context for how this property's asking price compares to the active market.

AddressList Price$/sqftBeds/BathsSqftDOMListed
8317 Yokohama Ter
Easton Park
$575,000 $221 4 bd / 3 ba 2,599 sqft , 2026-02-13
7800 Southwest Pkwy Pkwy #2020
Escondera Condominiums
$575,000 $269 3 bd / 2 ba 2,135 sqft , 2026-01-09
12909 Majestic Oaks Dr
Steiner Ranch Ph 01 Sec 05C
$575,000 $248 4 bd / 2 ba 2,315 sqft , 2026-06-10
902 Catalina Ln
Belterra Ph 4 Sec 12B
$575,000 $276 3 bd / 2 ba 2,083 sqft , 2026-06-26
13212 HUMPHREY Dr
MILWOOD 38B
$575,000 $233 4 bd / 2 ba 2,468 sqft , 2026-07-04

Source: ACTRIS MLS, live listings. Similar by ±1 bed, ±35% price, ±35% sqft. Contact Luke for a formal comparative market analysis.

Investment Analysis

Rental Income Potential

The numbers below use conservative Austin-market assumptions. They are estimates, not a guarantee. Actual rents vary by condition, timing, and management. Read our full Austin rental property guide →

Est. Monthly Rent
$2,760/mo
0.48% rule · conservative Austin est.
Gross Yield
5.76%
Annual rent ÷ purchase price
Cap Rate (est.)
3.46%
NOI after 40% vacancy + expenses
Down Payment
$115,000
20% conventional investment loan

Monthly Cash Flow Breakdown (20% down · 7.25% rate)

Estimated Gross Rent+$2,760
Principal + Interest−$3,138
Property Tax (~2.1% TX avg)−$1,006
Insurance (~0.5%)−$240
Est. Monthly Cash Flow $-1,624

At current rates and prices, many Austin luxury properties run neutral or slightly negative on pure cash flow, appreciation and equity paydown are the primary return drivers. BRRRR and off-market acquisitions can improve day-one cash flow. Learn about the BRRRR method in Austin →

Commute & Employment

Major Employers Near Austin, TX

Austin sits within commuting range of Austin's major tech, manufacturing, and corporate campuses. Approximate drive times from this area:

Tesla Gigafactory 15-25 min E
Apple Campus (Domain) 20-30 min N
Google / Meta / Indeed 10-15 min downtown
Dell Medical School / UT Austin 10-20 min
Samsung Austin Semiconductor 25 min N

More Luxury Homes in Austin

Loading…
View All Luxury Homes →