Active Listing  ·  10 days on market

11408 Milano Dr

Austin, TX 78747
$339,990
3 Bed 2 Bath 1,450 sqft $234/sqft Built 2021 0.12 acres 2-Car Garage Pool BELLA FORTUNA

Welcome to this beautifully maintained Brohn Homes residence in the highly desirable Cloverleaf community of South Austin! This east-facing home features an open-concept floor plan filled with natural morning light, creating a bright and welcoming atmosphere. The kitchen flows seamlessly into the dining and living areas, making it ideal for both everyday living and entertaining. The spacious primary suite offers a private retreat with an en-suite bath and generous closet space, while two additional bedrooms provide flexibility for family, guests, or a home office.

One of the standout features is the private backyard with no rear neighbors, offering added privacy and a peaceful setting to relax or entertain outdoors.

Conveniently located with easy access to I-35, this home is just minutes from Southpark Meadows, Downtown Austin, Austin-Bergstrom International Airport, shopping, dining, parks, and major employers. This move-in-ready home offers exceptional value in one of South Austin's fastest-growing communities. Take advantage of a $5,000 Seller's concession for buyer's expenses.

At $234/sqft, this home is 40% 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

11408 Milano Dr, Austin, TX 78747

Property Details

Price $339,990
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,450 sqft
Lot Size 0.12 acres (5,270.76 sqft)
Year Built 2021
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision BELLA FORTUNA
County Travis
Zip Code 78747
$/sqft $234/sqft
Days on Market ,
HOA $100/Quarterly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT241246587
List Date July 25, 2026
Elementary School Blazier
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 →

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
4617 Lava Island Dr
Cascades at Onion Creek
$339,990 $207 3 bd / 2 ba 1,640 sqft , 2026-03-12
11909 Murano Dr
Cloverleaf
$339,990 $245 3 bd / 2 ba 1,388 sqft , 2026-06-01
8004 Linda Michelle Ln
Parker Station
$339,999 $251 3 bd / 2 ba 1,356 sqft , 2026-07-13
6302 Thurgood Ave
Johnston Terrace Sec 02
$340,000 $269 3 bd / 1 ba 1,262 sqft , 2026-02-03
5913-B Charles Merle Dr #16
GOODNIGHT RANCH CONDOMINIUMS
$340,000 $185 3 bd / 3 ba 1,840 sqft , 2026-04-20

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
$1,632/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
$67,998
20% conventional investment loan

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

Estimated Gross Rent+$1,632
Principal + Interest−$1,855
Property Tax (~2.1% TX avg)−$595
Insurance (~0.5%)−$142
Est. Monthly Cash Flow $-960

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

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