Active Listing  ·  41 days on market

12005 Salvador St

Austin, TX 78748
$249,999
3 Bed 2 Bath 1,360 sqft $184/sqft Built 2026 0.27 acres 2-Car Garage Pool Creekside at Estancia

Welcome to this beautiful under construction mid November delivery home located in the desirable Estancia community in South Austin. This thoughtfully designed single-story home features 3 bedrooms, 2 bathrooms, and a two-car garage. The open-concept floor plan creates a bright and inviting living space that flows seamlessly between the kitchen, dining, and living areas—perfect for everyday living and entertaining. Enjoy a private fenced yard ideal for relaxing, outdoor gatherings, or family time. With modern finishes and a functional layout, this home offers comfort, convenience, and great family living in one of South Austin’s growing communities with easy access to shopping, dining, and major roadways. Affordable Housing restrictions apply, buyer must not exceed 80% MFI income limit. Call agent for details.

At $184/sqft, this home is 53% 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

12005 Salvador St, Austin, TX 78748

Property Details

Price $249,999
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,360 sqft
Lot Size 0.27 acres (11,739.42 sqft)
Year Built 2026
Garage 2 spaces
Stories ,
Type Residential · Condominium
Subdivision Creekside at Estancia
County Travis
Zip Code 78748
$/sqft $184/sqft
Days on Market ,
HOA $83.33/Monthly
Annual Tax Est. $1,523.72
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT248694165
List Date October 2, 2026
Elementary School Menchaca
Middle School Paredes
High School Akins
School District Austin ISD

Austin ISD

Menchaca · Paredes · Akins

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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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
10819 Crown Colony Dr #19
Greens Onion Creek Condo Ph 02
$250,000 $187 2 bd / 3 ba 1,334 sqft , 2026-03-28
137 Hillhouse Ln
Ashbrook
$250,000 $208 3 bd / 2 ba 1,203 sqft , 2026-07-25
12106 Salvador St
Creekside at Estancia
$259,999 $146 3 bd / 3 ba 1,780 sqft , 2026-02-20
10819 Crown Colony Dr #4
Greens Onion Creek Condo Ph 01
$275,000 $253 2 bd / 3 ba 1,089 sqft , 2026-09-24
11509 Autumn Ash Dr
Ashbrook
$284,000 $212 3 bd / 2 ba 1,341 sqft , 2026-11-02

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
$1,200/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
$50,000
20% conventional investment loan

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

Estimated Gross Rent+$1,200
Principal + Interest−$1,364
Property Tax (assumed ~2.1%)−$437
Insurance (assumed ~0.5%)−$104
Est. Monthly Cash Flow $-705

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 October 3, 2026.

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

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