About This Home

Welcome home to 11604 Comano Dr, a thoughtfully designed 3-bedroom, 2-bathroom home in Southeast Austin’s Cloverleaf community. The open-concept floor plan creates an inviting flow between the kitchen, dining, and living areas, making everyday living and entertaining effortless. A dedicated office provides the perfect space for working from home, studying, or a quiet flex space. Step outside to enjoy the private back patio and backyard, ideal for relaxing or entertaining. Located just minutes from I-35, FM 1327, local dining and shopping, and approximately 11 miles from Downtown Austin, this home offers convenient access to everything Southeast Austin has to offer.

At $196/sqft, this home is 50% 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

11604 Comano Dr, Austin, TX 78747

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Property Details

Price $380,000

Status Active Listing

Beds 3

Full Baths 2

Half Baths ,

Living Area 1,937 sqft

Lot Size 0.13 acres (5,749.92 sqft)

Year Built 2023

Garage 2 spaces

Stories ,

Type Residential · Single Family Residence

Subdivision Cloverleaf

County Travis

Zip Code 78747

$/sqft $196/sqft

Days on Market ,

HOA $100/Quarterly

Annual Tax Est. $7,041

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT243091217

List Date August 14, 2026

Elementary School Blazier

Middle School Paredes

High School Akins

School District ,

Have Questions About This Property?

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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

12108 Russo Dr
Cloverleaf $382,990 $212 3 bd / 3 ba 1,805 sqft , 2026-08-04

12005 Murano Dr
Cloverleaf $376,530 $179 4 bd / 3 ba 2,107 sqft , 2026-06-29

11921 Murano Dr
Cloverleaf $375,990 $188 4 bd / 3 ba 2,003 sqft , 2026-08-04

4620 Lava Island Dr
Cascades at Onion Creek $384,990 $166 4 bd / 3 ba 2,323 sqft , 2026-05-18

10832 Jameson Dr
Vistas of Austin $389,000 $171 4 bd / 4 ba 2,273 sqft , 2026-06-24

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

$1,824/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

$76,000

20% conventional investment loan

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

Estimated Gross Rent+$1,824

Principal + Interest−$2,074

Property Tax (~2.1% TX avg)−$665

Insurance (~0.5%)−$158

Est. Monthly Cash Flow $-1,073

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

About the Author

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 16, 2026.

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

11604 Comano Dr

Location

Property Details

Comparable Listings Right Now

Rental Income Potential

Major Employers Near Austin, TX

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