About This Home

Home freshly painted. This home has it ALL and was the original MODEL HOME! The main level offers an updated kitchen w/ center island, s/s appliances, granite countertops & opens to spacious family room. With beautiful hardwoods & extensive crown molding, upgraded interior lighting and mirrors, plantation shutters, tankless water heater and oversized garage, this home is truly ONE OF A KIND! Meticulously maintained! Wonderful open floor plan ~ Great for entertaining!

At $161/sqft, this home is 59% 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

12105 Terraza Cir #67, Austin, TX 78726

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Property Details

Price $359,950

Status Active Listing

Beds 3

Full Baths 3

Half Baths 1

Living Area 2,233 sqft

Lot Size 0.24 acres (10,410.84 sqft)

Year Built 2009

Garage 2 spaces

Stories ,

Type Residential · Condominium

Subdivision Versante Canyon Homes Condo

County Travis

Zip Code 78726

$/sqft $161/sqft

Days on Market ,

HOA $413/Monthly

Annual Tax Est. $9,817.99

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT215129540

List Date January 29, 2026

Elementary School Grandview Hills

Middle School Four Points

High School Vandegrift

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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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

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

12004 Russo Dr
Cloverleaf $359,990 $227 4 bd / 2 ba 1,587 sqft , 2026-06-01

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

8907 Bill Hickcock Pass
Texas Oaks 02 $359,900 $205 3 bd / 2 ba 1,759 sqft , 2026-04-24

10916 Defender Trl
Pioneer Crossing $359,900 $216 4 bd / 2 ba 1,666 sqft , 2026-04-29

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

$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

$71,990

20% conventional investment loan

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

Estimated Gross Rent+$1,728

Principal + Interest−$1,964

Property Tax (~2.1% TX avg)−$630

Insurance (~0.5%)−$150

Est. Monthly Cash Flow $-1,016

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

12105 Terraza Cir #67

Location

Property Details

Comparable Listings Right Now

Rental Income Potential

Major Employers Near Austin, TX

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