About This Home

MLS# - Built by Century Communities - Sep 2026 completion! ~ The charming Cedar plan offers four roomy bedrooms, including a primary suite with a private bath and a walk-in closet. An open-concept layout is adjacent, showcasing a sunny great room, a dining area, and an impressive kitchen with a center island and built-in pantry. Also includes second bath, front porch, and 2-bay garage.

At $227/sqft, this home is 42% 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

12004 Russo Dr, Austin, TX 78747

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Property Details

Price $359,990

Status Active Listing

Beds 4

Full Baths 2

Half Baths ,

Living Area 1,587 sqft

Lot Size 0.12 acres (5,244.62 sqft)

Year Built 2026

Garage 2 spaces

Stories ,

Type Residential · Single Family Residence

Subdivision Cloverleaf

County Travis

Zip Code 78747

$/sqft $227/sqft

Days on Market ,

HOA $100/Quarterly

Annual Tax Est. ,

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT232177729

List Date June 1, 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

4512 Bridal Veil Dr
Cascades at Onion Creek $359,990 $232 3 bd / 2 ba 1,553 sqft , 2026-06-09

2137 Dry Tortugas Trl
Parkside At Slaughter Creek Sec 03 $359,987 $206 3 bd / 2 ba 1,749 sqft , 2026-06-25

707 Great Britain Blvd
Buckingham Estates Ph III Sec $360,000 $309 3 bd / 2 ba 1,166 sqft , 2025-10-17

16019 Agua Vis
NA $360,000 $348 3 bd / 2 ba 1,033 sqft , 2026-03-13

5510 Manor Rd #A
Fairey Oaks Sec 2 $360,000 $232 3 bd / 2 ba 1,555 sqft , 2026-03-13

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

$1,728/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

$71,998

20% conventional investment loan

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

Estimated Gross Rent+$1,728

Principal + Interest−$1,965

Property Tax (~2.1% TX avg)−$630

Insurance (~0.5%)−$150

Est. Monthly Cash Flow $-1,017

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

12004 Russo Dr

Location

Property Details

Comparable Listings Right Now

Rental Income Potential

Major Employers Near Austin, TX

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