About This Home

MLS# 1920865 - Built by Century Communities - Nov 2026 completion! ~ The two-story Bristol plan offers ample space to meet your needs. Privately situated on the main floor, the owner's suite features a roomy walk-in closet and attached bath. Additional main-floor highlights include a second bedroom downstairs with a walk-in closet, a two-story foyer, a mudroom, and a spacious kitchen overlooking an open-concept dining area and great room. Upstairs, you'll enjoy a versatile loft space, plus three more bedrooms—two featuring walk-in closets.

At $172/sqft, this home is 56% 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

12016 Russo Dr, Austin, TX 78747

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Property Details

Price $419,990

Status Active Listing

Beds 5

Full Baths 3

Half Baths ,

Living Area 2,439 sqft

Lot Size 0.16 acres (6,956.53 sqft)

Year Built 2026

Garage 2 spaces

Stories ,

Type Residential · Single Family Residence

Subdivision Cloverleaf

County Travis

Zip Code 78747

$/sqft $172/sqft

Days on Market ,

HOA $100/Quarterly

Annual Tax Est. ,

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT242298364

List Date August 4, 2026

Elementary School Blazier

Middle School Paredes

High School Akins

School District ,

Have Questions About This Property?

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 · August 4, 2026 $438,250

Current ask $419,990

▼ Reduced $18,260 (-4.2%) 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

4608 Lava Island Dr
Cascades at Onion Creek $419,990 $154 5 bd / 3 ba 2,728 sqft , 2026-06-09

11600 River Plantation Dr
Legends Way Sec 5 $422,500 $157 5 bd / 3 ba 2,692 sqft , 2026-06-03

12000 Russo Dr
Cloverleaf $422,990 $173 5 bd / 3 ba 2,439 sqft , 2026-06-01

11728 Domenico Cv
Cloverleaf $416,510 $215 4 bd / 2 ba 1,937 sqft , 2026-04-24

5212 Lomasso Dr
Cloverleaf $423,550 $207 4 bd / 3 ba 2,051 sqft , 2026-07-16

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

$2,016/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

$83,998

20% conventional investment loan

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

Estimated Gross Rent+$2,016

Principal + Interest−$2,292

Property Tax (~2.1% TX avg)−$735

Insurance (~0.5%)−$175

Est. Monthly Cash Flow $-1,186

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

About the Author

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 August 15, 2026.

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

12016 Russo Dr