Active Listing  ·  265 days on market

12013 Palisades Pkwy

Austin, TX 78732
$1,150,000
4 Bed 4 Bath 4,558 sqft $252/sqft Built 2013 0.28 acres 2-Car Garage Pool Steiner Ranch Ph 6-B

Owner Agent, information is deemed reliable but is not guaranteed. Buyers and their agents should verify all information Open and bright with many upgrades/improvements, two story family room was closed in by builder creating a large game room and media room. 3rd car tandem garage was converted to oversize laundry/flex area. Upgrades include extended rear covered patio, 8 ft doors, wide moldings/baseboards, travertine floors, GE Monogram appliance package, with 42in built in refrigerator, pot filler, upgraded light fixtures, 16 recessed cans, 5 sets of wall sconses, a butlers panty between the kitchen and dining room and much more.....

At $252/sqft, this home is 36% 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

12013 Palisades Pkwy, Austin, TX 78732

Property Details

Price $1,150,000
Status Active Listing
Beds 4
Full Baths 3
Half Baths 1
Living Area 4,558 sqft
Lot Size 0.28 acres (12,366.68 sqft)
Year Built 2013
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Steiner Ranch Ph 6-B
County Travis
Zip Code 78732
$/sqft $252/sqft
Days on Market ,
HOA $549/Semi-Annually
Annual Tax Est. $19,391.08
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT211629851
List Date November 12, 2025
Elementary School River Ridge
Middle School Canyon Ridge
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
13423 Trail Driver None
Big Country Sec 5
$1,150,000 $334 5 bd / 5 ba 3,441 sqft , 2026-03-27
1917 Lakecliff Hills Ln
Steiner Ranch Ph 01 Sec 10b
$1,150,000 $293 5 bd / 4 ba 3,920 sqft , 2026-04-17
113 Morning Cloud St
Lakeway Sec 24
$1,150,000 $253 4 bd / 4 ba 4,538 sqft , 2026-04-29
7804 Blue Lilly Dr
Great Hills 23
$1,150,000 $339 5 bd / 4 ba 3,391 sqft , 2026-07-02
8504 Sweetness Ln
Bend At Villages Spicewood
$1,150,000 $296 4 bd / 5 ba 3,883 sqft , 2026-07-09

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
$5,520/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
$230,000
20% conventional investment loan

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

Estimated Gross Rent+$5,520
Principal + Interest−$6,276
Property Tax (~2.1% TX avg)−$2,013
Insurance (~0.5%)−$479
Est. Monthly Cash Flow $-3,248

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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