Active Listing  ·  49 days on market

12116 Russo Dr

Austin, TX 78747
$469,990
5 Bed 3 Bath 2,449 sqft $192/sqft Built 2026 0.17 acres 2-Car Garage Pool Cloverleaf

MLS# 6305356 - Built by Century Communities - Oct 2026 completion! ~ Under construction in the Cloverleaf subdivision with an estimated completion of 10-31-2026. Contemporary 5-bedroom, 3-bath single family residence offering 2,449 sq ft of planned living space. One primary bedroom and four secondary bedrooms. Two-car garage and private backyard. Interior highlights include an open floorplan with high ceilings, crown molding, an entrance foyer, living area with a family-room fireplace, and an eat-in kitchen featuring a center island, pantry and recessed lighting. Additional interior features: walk-in closet(s), wired for data, storage, smart thermostat and a mix of carpet, laminate and vinyl flooring. Home sits on a lot with curbs and backyard space. Mechanical and structural: natural gas heating, central air with ceiling fans, slab foundation and composition roof. School assignments: Austin ISD — Blazier Elementary, Paredes Middle, Akins High. Construction stage: incomplete; schedule and finishes subject to change.

At $192/sqft, this home is 51% 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

12116 Russo Dr, Austin, TX 78747

Property Details

Price $469,990
Status Active Listing
Beds 5
Full Baths 3
Half Baths ,
Living Area 2,449 sqft
Lot Size 0.17 acres (7,405.2 sqft)
Year Built 2026
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Cloverleaf
County Travis
Zip Code 78747
$/sqft $192/sqft
Days on Market ,
HOA $100/Quarterly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT238826084
List Date July 6, 2026
Elementary School Blazier
Middle School Paredes
High School Akins
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.

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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 6, 2026 $495,765
Current ask $469,990
Reduced $25,775 (-5.2%) 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
12021 Ellena Cv
Cloverleaf
$469,990 $177 5 bd / 4 ba 2,656 sqft , 2026-06-01
5424 San Pietro Dr
Cloverleaf
$474,990 $194 4 bd / 3 ba 2,449 sqft , 2026-06-01
5217 Lomasso Dr
Cloverleaf
$478,520 $159 4 bd / 3 ba 3,007 sqft , 2026-05-21
5428 San Pietro Dr
Cloverleaf
$480,990 $239 4 bd / 3 ba 2,013 sqft , 2026-05-29
5208 Lomasso Dr
Cloverleaf
$483,280 $161 4 bd / 3 ba 3,007 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
$2,256/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
$93,998
20% conventional investment loan

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

Estimated Gross Rent+$2,256
Principal + Interest−$2,565
Property Tax (~2.1% TX avg)−$822
Insurance (~0.5%)−$196
Est. Monthly Cash Flow $-1,327

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 · 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 21, 2026.

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