Active Listing  ·  82 days on market

11600 River Plantation Dr

Austin, TX 78747
$422,500
5 Bed 3 Bath 2,692 sqft $157/sqft Built 2018 0.16 acres 2-Car Garage Pool Legends Way Sec 5

Set in Onion Creek, one of South Austin’s established golf course communities, this 5 BD, 3 BA home backs to a greenbelt and has the kind of setting that gives it more than just square footage. The neighborhood already brings a lot to the table: a long-standing golf course community feel, parks, ponds, country club with pool, and social events that make it feel connected in the best way. Add in a backyard that opens to a natural backdrop instead of another row of homes, and you’ve got a property with a little breathing room. Inside, the layout is what makes the home work. The main living area brings the kitchen, dining, and living room together in one open space, with a large center island that naturally becomes the favorite hangout spot. A bedroom and full bath near the front of the home give guests or extended family a comfortable setup, while the main-level primary suite has generous space, a big walk-in closet and its own ensuite. Upstairs, a second living area adds the flexibility every larger household needs, whether that means a game room, movie spot or a place to send the noise. Three additional rooms round out the second floor, giving you plenty of options. The backyard adds to the appeal. A covered patio, extended deck, and fenced yard create an easy outdoor setup, with room to keep adding your own ideas over time. The greenbelt backing gives the outdoor space extra privacy and a setting that feels less boxed in. You’re close to Onion Creek Club, Southpark Meadows, and about 14 miles from Downtown Austin, so the day-to-day stays convenient while home still feels tucked away. It’s a practical home with a better-than-average backdrop, and in Onion Creek, that combination carries weight. Seller is offering a lender paid 1 year temporary interest rate buydown when financing with the preferred lender. Offer is subject to qualification and guidelines, and may not be combined with other credits or incentives. Contact agent for details. Buyer to verify all info

At $157/sqft, this home is 60% 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

11600 River Plantation Dr, Austin, TX 78747

Property Details

Price $422,500
Status Active Listing
Beds 5
Full Baths 3
Half Baths ,
Living Area 2,692 sqft
Lot Size 0.16 acres (6,812.78 sqft)
Year Built 2018
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Legends Way Sec 5
County Travis
Zip Code 78747
$/sqft $157/sqft
Days on Market ,
HOA $211/Semi-Annually
Annual Tax Est. $8,911.42
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT228453156
List Date June 3, 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.

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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 · June 3, 2026 $425,000
Current ask $422,500
Reduced $2,500 (-0.6%) 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
12000 Russo Dr
Cloverleaf
$422,990 $173 5 bd / 3 ba 2,439 sqft , 2026-06-01
5212 Lomasso Dr
Cloverleaf
$423,550 $207 4 bd / 3 ba 2,051 sqft , 2026-07-16
10113 Copper Ridge Cv
Bradshaw Crossing Sub Sec 6
$419,999 $190 5 bd / 3 ba 2,209 sqft , 2026-07-11
12016 Russo Dr
Cloverleaf
$419,990 $172 5 bd / 3 ba 2,439 sqft , 2026-08-04
11728 Domenico Cv
Cloverleaf
$416,510 $215 4 bd / 2 ba 1,937 sqft , 2026-04-24

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
$2,028/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
$84,500
20% conventional investment loan

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

Estimated Gross Rent+$2,028
Principal + Interest−$2,306
Property Tax (~2.1% TX avg)−$739
Insurance (~0.5%)−$176
Est. Monthly Cash Flow $-1,193

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 August 1, 2026.

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