About This Home

Amazing Single-Story home, Spacious, 3-bedroom 2 bath open floorplan, large owner's suite, high ceilings throughout, Granite counters in Kitchen, White quartz countertops in baths, Stainless steel appliances, Natural gas for cooking and heating, Sprinkler/irrigation system, Covered front porch, Easy access to main highways: IH-35, 45/Mopac, Toll-130. Proximity to Downtown, Austin's International Airport, Universities, South Park Meadows Shopping Center-Target, Sam's, HEB, Walmart, Restaurants and entertaining. Close to Tesla, F-1 Track. Greenbelt lot with no neighbors behind. Location-everything is a short drive away! Refrigerator, Washer and Dryer can convey

At $218/sqft, this home is 44% 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

11512 Milano Dr, Austin, TX 78747

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Property Details

Price $335,000

Status Active Listing

Beds 3

Full Baths 2

Half Baths ,

Living Area 1,538 sqft

Lot Size 0.11 acres (4,791.6 sqft)

Year Built 2022

Garage 2 spaces

Stories ,

Type Residential · Single Family Residence

Subdivision Bella Fortuna

County Travis

Zip Code 78747

$/sqft $218/sqft

Days on Market ,

HOA $100/Quarterly

Annual Tax Est. $7,387.57

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT238257583

List Date July 1, 2026

Elementary School Blazier

Middle School Paredes

High School Akins

School District ,

Have Questions About This Property?

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.

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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 · July 1, 2026 $339,000

Current ask $335,000

▼ Reduced $4,000 (-1.2%) 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

8205 Georgie Trace Ave
Springfield Phs C Subd $335,000 $304 3 bd / 2 ba 1,102 sqft , 2025-12-21

7309 Blessing Ave
Black A K 02 $335,000 $192 4 bd / 3 ba 1,747 sqft , 2026-05-16

14100 Avery Ranch Blvd #1001
Avery Ranch West Condo $335,000 $243 2 bd / 2 ba 1,378 sqft , 2026-06-13

5805 Shaded Cottage Ct #97
Arbor Ridge Condo Amd $335,000 $173 4 bd / 3 ba 1,931 sqft , 2026-07-15

11203 Ranch Road 2222 None #901
Alicante Condo Twnhms Amd $335,000 $207 3 bd / 3 ba 1,621 sqft , 2026-07-17

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

$1,608/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

$67,000

20% conventional investment loan

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

Estimated Gross Rent+$1,608

Principal + Interest−$1,828

Property Tax (~2.1% TX avg)−$586

Insurance (~0.5%)−$140

Est. Monthly Cash Flow $-946

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

11512 Milano Dr