Active Listing  ·  185 days on market

11512 Tin Cup Dr #201

Austin, TX 78750
$414,900
3 Bed 3 Bath 2,054 sqft $202/sqft Built 1979 0.19 acres 2-Car Garage Pool Spicewood Village Condo Amd

Tucked into one of Northwest Austin’s most established and sought-after pockets, this chic two-story condo offers a beautiful blend of comfort, space, and natural surroundings. All bedrooms are thoughtfully located upstairs, creating a private retreat away from the main living areas below.

The main level welcomes you with a cozy fireplace, a formal dining space, and a breakfast area that flows easily for everyday living or hosting. A standout feature is the oversized utility room—flexible enough to serve as a craft room, home office, or creative space to fit your lifestyle.

Upstairs, the spacious primary suite truly sets this home apart, offering ample room for a sitting area, workspace, nursery, or whatever you envision. It’s a space that grows with you.

Step outside to enjoy peaceful porch views backing to a lush greenbelt filled with mature trees—an extension of your living space that brings a sense of calm and privacy. The exterior is maintained and cared for by the HOA, making it easy to enjoy the home without the extra upkeep.

The monthly HOA is structured to provide real value: $329 covers exterior insurance, roof, community maintenance, and pool access, while an additional $143 includes water (interior and exterior), trash, sewer, and recycling—bringing the total to $472/month for a comprehensive, low-maintenance lifestyle.

Located in Northwest Austin’s desirable Spicewood area, known for its mature trees, rolling terrain, and established charm, this community offers a pool, a community garden, and beautifully maintained surroundings. Enjoy close proximity to the Balcones golf course, nearby parks and trails, and everyday conveniences including Lakeline Mall, The Arboretum, and The Domain, all while having easy access to major roadways, shopping, dining, and highly regarded schools. Thoughtful updates add to the home’s appeal, including an A/C Unit and water heater replaced in 2020, along with a dishwasher in 2024.

At $202/sqft, this home is 48% below the Austin active market average of $392/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

11512 Tin Cup Dr #201, Austin, TX 78750

Property Details

Price $414,900
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 2,054 sqft
Lot Size 0.19 acres (8,145.72 sqft)
Year Built 1979
Garage 2 spaces
Stories ,
Type Residential · Condominium
Subdivision Spicewood Village Condo Amd
County Travis
Zip Code 78750
$/sqft $202/sqft
Days on Market ,
HOA $472/Monthly
Annual Tax Est. $9,088.48
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT224642278
List Date April 6, 2026
Elementary School Spicewood
Middle School Canyon Vista
High School Westwood
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.

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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 · April 6, 2026 $439,000
Previous ask $419,000
Current ask $414,900
▼ Reduced $24,100 (-5.5%) 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
9518 Topridge Dr #21
Balcones Place Condo SE
$415,000 $251 3 bd / 2 ba 1,651 sqft , 2026-09-14
10109 Osprey Ct
Woodland Village Anderson Mill Sec 02 Ph 01
$415,000 $275 3 bd / 2 ba 1,510 sqft , 2026-09-26
12000 Swan Dr
Woodland Village Anderson Mill Sec
$419,950 $271 3 bd / 2 ba 1,549 sqft , 2026-08-27
12108 Jill Sue Ct
Village 14 At Anderson Mill
$424,900 $261 3 bd / 2 ba 1,625 sqft , 2025-12-21
10504 Hard Rock Rd
Milrun Village At Anderson Mill
$399,990 $214 4 bd / 3 ba 1,871 sqft , 2026-06-16

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
$1,992/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
$82,980
20% conventional investment loan

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

Estimated Gross Rent+$1,992
Principal + Interest−$2,264
Property Tax (~2.1% TX avg)−$726
Insurance (~0.5%)−$173
Est. Monthly Cash Flow $-1,171

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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About the Author
Luke Allen, Austin TX Realtor, TREC #788149
Luke Allen
Licensed Austin TX Realtor · TREC #788149 · Full-time since 2019
★★★★★ 5.0 on Google · 30 Reviews

Luke Allen is a full-time Austin TX Realtor with the Austin Marketing + Development Group brokerage. He works with buyers, sellers, and investors across every Austin ISD and the surrounding neighborhoods, from Downtown and East Austin to Round Rock, Cedar Park, and the Hill Country. Every page on this site is written and maintained by Luke. This page was last updated on October 3, 2026.

📞 (254) 718-2567 [email protected] More about Luke →