Active Listing  ·  28 days on market

11912 Reindeer Dr

Austin, TX 78754
$392,000
4 Bed 3 Bath 2,491 sqft $157/sqft Built 2018 0.20 acres 2-Car Garage Pool Bellingham Mdws Sec 3

Welcome to 11912 Reindeer Drive, a home that gives you room to breathe inside and out. At its heart, the kitchen features an oversized island with space to prep, gather, and serve all at once. The main level's open plan keeps the kitchen, dining, and living areas connected for seamless hosting.

Upstairs, a massive flex space anchors three guest bedrooms and provides the extra space for whatever your household needs --whether that's a music room, a home gym, a playroom, or a media lounge. The real showstopper is the backyard, one of the largest in the neighborhood. A covered patio, custom stone entertaining area, hot tub and a full outdoor kitchen provides a private retreat built for everything from quiet evenings to weekend gatherings. Garage has an oversized 2.5 car space with higher ceilings for extra storage! All of this sits in the Bellingham Meadows community, where residents enjoy a neighborhood park, a resort-style pool, and a gated dog park

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

11912 Reindeer Dr, Austin, TX 78754

Property Details

Price $392,000
Status Active Listing
Beds 4
Full Baths 2
Half Baths 1
Living Area 2,491 sqft
Lot Size 0.20 acres (8,746.85 sqft)
Year Built 2018
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Bellingham Mdws Sec 3
County Travis
Zip Code 78754
$/sqft $157/sqft
Days on Market ,
HOA $580/Annually
Annual Tax Est. $9,004.93
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT246116023
List Date September 10, 2026
Elementary School Bluebonnet Trail
Middle School Decker
High School Manor
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 · September 10, 2026 $408,000
Current ask $392,000
▼ Reduced $16,000 (-3.9%) 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
7000 Timarou Ter
HARRIS BRANCH PHS 1 B SEC 1
$394,000 $190 4 bd / 2 ba 2,075 sqft , 2026-09-18
11853 Gaelic Dr
STIRLING BRIDGE
$389,000 $147 5 bd / 3 ba 2,652 sqft , 2025-10-23
7524 Saginaw Dr
BELLINGHAM MEADOWS
$385,000 $174 4 bd / 3 ba 2,217 sqft , 2026-09-11
7309 Sligo Dr
Bellingham Mdws Ph II Sec 1
$399,000 $135 5 bd / 3 ba 2,959 sqft , 2026-06-26
6720 Cromarty Ln
Belhaven Sec 02
$399,900 $195 4 bd / 2 ba 2,051 sqft , 2026-05-30

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
$1,882/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
$78,400
20% conventional investment loan

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

Estimated Gross Rent+$1,882
Principal + Interest−$2,139
Property Tax (~2.1% TX avg)−$686
Insurance (~0.5%)−$163
Est. Monthly Cash Flow $-1,106

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 4, 2026.

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