Active Listing  ·  25 days on market

11617 Red Oak Valley Ln

Austin, TX 78732
$1,000,000
4 Bed 4 Bath 3,074 sqft $325/sqft Built 2006 0.26 acres 2-Car Garage Pool STEINER RANCH

Set within the coveted guard-gated University Club community of Steiner Ranch, this exceptional home combines privacy, timeless elegance, and thoughtful modern updates. Ideally positioned on a quiet cul-de-sac and backing to green space, the property captures panoramic views from both the upper and lower covered terraces.

A private courtyard welcomes you into a light-filled interior featuring soaring beamed ceilings, an open-concept living space, and a striking stone fireplace that anchors the main living area. The flexible floor plan offers a main-level primary suite and office, an upstairs bedroom with a generous flex space and/or 3rd bedroom with no closet, and a beautifully appointed one-bedroom, one-bath detached casita accessed through the courtyard -- ideal for guests, a home office, or a private retreat.

More than $100,000 in thoughtful improvements elevate the home throughout. Updates include all three HVAC systems, hardwood-style flooring in primary suite and casita, a renovated laundry/pantry and powder room, and a beautifully redesigned kitchen featuring custom cabinetry, glass backsplash, and JennAir appliances.

The primary suite has been transformed with a reimagined bath featuring a redesigned shower, custom cabinetry, gorgeous tile flooring, a RH Oversized Bristol vanity mirror, and a Mirabelle Hibiscus soaking tub. The primary closets were redesigned by Closet Factory.

Outside, new fencing and a lush Zoysia lawn create an inviting private setting, while the expansive covered terraces provide the perfect vantage point for enjoying the surrounding green space and sweeping views.

With its exceptional indoor/outdoor living, versatile floor plan, detached casita, extensive updates, and serene setting, this is a rare opportunity to enjoy refined living in one of Austin’s premier gated golf communities. UT Golf Club Membership is NOT Included

At $325/sqft, this home is 17% below the Austin active market average of $390/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

11617 Red Oak Valley Ln, Austin, TX 78732

Property Details

Price $1,000,000
Status Active Listing
Beds 4
Full Baths 3
Half Baths 1
Living Area 3,074 sqft
Lot Size 0.26 acres (11,369.16 sqft)
Year Built 2006
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision STEINER RANCH
County Travis
Zip Code 78732
$/sqft $325/sqft
Days on Market ,
HOA $1,503/Semi-Annually
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT248126249
List Date October 18, 2026
Elementary School River Ridge
Middle School Canyon Ridge
High School Vandegrift
School District Leander ISD

Leander ISD

River Ridge · Canyon Ridge · Vandegrift

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 · October 18, 2026 $1,100,000
Current ask $1,000,000
▼ Reduced $100,000 (-9.1%) 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
12321 Edenvale Path
Steiner Ranch
$999,000 $285 4 bd / 4 ba 3,500 sqft , 2026-06-18
312 Horseback Holw
Steiner Ranch Ph 01 Sec 09
$1,050,000 $290 4 bd / 4 ba 3,619 sqft , 2026-09-29
11600 Hunters Green Trl
Steiner Ranch Ph 01 Sec 10a
$1,075,000 $286 4 bd / 4 ba 3,760 sqft , 2026-10-22
11717 Shadestone Ter
Steiner Ranch Ph 1 Sec 10d Rs
$875,000 $359 3 bd / 3 ba 2,435 sqft , 2026-10-28
12724 Rush Creek Ln
Steiner Ranch Ph 01 Sec 09
$750,000 $235 4 bd / 4 ba 3,185 sqft , 2026-06-11

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
$4,800/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
$200,000
20% conventional investment loan

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

Estimated Gross Rent+$4,800
Principal + Interest−$5,457
Property Tax (assumed ~2.1%)−$1,750
Insurance (assumed ~0.5%)−$417
Est. Monthly Cash Flow $-2,824

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 · 41 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. The written content was last updated on November 9, 2026.

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

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