Active Listing  ·  12 days on market

11812 Mira Vista Way #VH71

Austin, TX 78726
$690,000
4 Bed 3 Bath 2,531 sqft $273/sqft Built 2012 0.24 acres 2-Car Garage Pool Versante Canyon Homes Condo

Tucked away on one of the largest lots in the private, gated Versante Canyon, this lock-and-leave retreat backs to a tranquil greenbelt, offering the perfect blend of privacy, security, and low-maintenance luxury just minutes from Lake Travis. This 4-bedroom, 3-bathroom home allows you to spend more time enjoying life while the HOA takes care of front and backyard mowing, as well as sprinkler maintenance. Whether you're traveling often or simply prefer a carefree lifestyle, this home delivers exceptional ease of ownership. Step inside to soaring vaulted ceilings, elegant crown molding and an inviting open-concept layout. The spacious living room flows seamlessly into the beautifully appointed kitchen and dining area, where custom built-in storage, a wine refrigerator, and generous prep space make entertaining a breeze. The private primary suite is thoughtfully positioned on the main level and offers peaceful backyard views along with a spa-inspired ensuite. Two additional main floor bedrooms share a full bath, creating an ideal layout for guests or a home office. Upstairs, rich hardwood extends throughout a versatile loft with surround sound, plus a private fourth bedroom and full bath, perfect for multi-generational living. You'll also find expansive attic storage to keep those seasonal items tucked away. Backing to a serene greenbelt, the outdoor living space is designed for entertaining with a shaded pergola, stone patio with built-in bench seating, an outdoor kitchen, raised garden beds, and mature fruit trees. The 2-car garage comes equipped with built-in storage and a dedicated Tesla EV charger. Residents enjoy resort-style amenities including a beautiful clubhouse, fitness center, sparkling pool, and gathering spaces, all within the highly acclaimed Leander ISD and zoned to Vandegrift High School. Located off 620, you'll enjoy an easy commute to The Domain, major employers and Downtown Austin while being moments from shopping, dining, and outdoor recreation.

At $273/sqft, this home is 30% 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

11812 Mira Vista Way #VH71, Austin, TX 78726

Property Details

Price $690,000
Status Active Listing
Beds 4
Full Baths 3
Half Baths ,
Living Area 2,531 sqft
Lot Size 0.24 acres (10,410.84 sqft)
Year Built 2012
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Versante Canyon Homes Condo
County Travis
Zip Code 78726
$/sqft $273/sqft
Days on Market ,
HOA $284/Monthly
Annual Tax Est. $13,615.38
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT239439026
List Date July 23, 2026
Elementary School Grandview Hills
Middle School Four Points
High School Vandegrift
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.

Schedule a Call →

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
729 Clear Stream Xing
Springs Of Walnut Creek Ph Ii
$690,000 $247 4 bd / 4 ba 2,794 sqft , 2026-06-25
4502 Grassland Dr
Springdale Creek Condominiums
$690,000 $289 3 bd / 3 ba 2,390 sqft , 2026-07-15
8608 Turaco Trl
Easton Park
$689,900 $230 4 bd / 3 ba 2,996 sqft , 2025-08-26
8610 Axis Dr
Deer Park At Maple Run Sec 10
$689,000 $253 4 bd / 3 ba 2,718 sqft , 2026-04-30
11102 Aerie Cv
Highlands At Oak Forest
$689,000 $293 4 bd / 3 ba 2,348 sqft , 2026-04-27

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
$3,312/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
$138,000
20% conventional investment loan

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

Estimated Gross Rent+$3,312
Principal + Interest−$3,766
Property Tax (~2.1% TX avg)−$1,208
Insurance (~0.5%)−$288
Est. Monthly Cash Flow $-1,950

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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