About This Home

Recently renovated 4-bedroom, 3.5-bath home in the highly sought-after Lake Pointe neighborhood. Set on a corner lot across from the neighborhood park, this move-in ready home offers an open floor plan, spacious living areas, an updated kitchen, and a versatile upstairs game room. The private backyard provides plenty of space to relax or entertain.

Lake Pointe is known for its community pool, parks, hike-and-bike trails, highly acclaimed Lake Pointe Elementary, and neighborhood access to Lake Austin. Just minutes from the Hill Country Galleria, Lake Travis, and downtown Austin, this home offers the perfect combination of location, lifestyle, and convenience.

At $285/sqft, this home is 27% below the Austin active market average of $393/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

12052 Tulare Dr, Austin, TX 78738

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Property Details

Price $950,000

Status Active Listing

Beds 4

Full Baths 3

Half Baths 1

Living Area 3,339 sqft

Lot Size 0.30 acres (12,932.96 sqft)

Year Built 1999

Garage 3 spaces

Stories ,

Type Residential · Single Family Residence

Subdivision Lake Pointe

County Travis

Zip Code 78738

$/sqft $285/sqft

Days on Market ,

HOA $175/Quarterly

Annual Tax Est. $13,823

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT241228452

List Date July 25, 2026

Elementary School Lake Pointe

Middle School Bee Cave Middle School

High School Lake Travis

School District ,

Have Questions About This Property?

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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 · July 25, 2026 $1,050,000

Previous ask $975,000

Current ask $950,000

▼ Reduced $100,000 (-9.5%) 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

13412 Galleria Cir
Galleria Walk $975,000 $404 4 bd / 4 ba 2,416 sqft , 2026-09-02

12013 Fortuna Cv
Lake Pointe Ph 01A $875,000 $303 4 bd / 4 ba 2,892 sqft , 2026-09-11

11619 Lake Stone Dr
Lakes Edge Residential Condos $1,199,000 $452 4 bd / 3 ba 2,653 sqft , 2026-09-08

12012 Uplands Ridge Dr
Uplands Ph 1 The Rep Of Lo $1,229,000 $342 4 bd / 4 ba 3,589 sqft , 2026-06-19

2204 Rimrock Dr
Lake Pointe Sec 05 $1,250,000 $425 4 bd / 3 ba 2,941 sqft , 2026-08-29

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

$4,560/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

$190,000

20% conventional investment loan

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

Estimated Gross Rent+$4,560

Principal + Interest−$5,185

Property Tax (~2.1% TX avg)−$1,663

Insurance (~0.5%)−$396

Est. Monthly Cash Flow $-2,684

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 September 19, 2026.

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

12052 Tulare Dr