Active Listing  ·  56 days on market

1212 Lily Ter #1

Austin, TX 78741
$374,900
3 Bed 3 Bath 1,591 sqft $236/sqft Built 2023 0.07 acres 1-Car Garage Pool Country Club Gardens

Discover an exceptional opportunity in Austin, where contemporary design meets comfort in this meticulously crafted residence. This stunning two-story home features 3 bedrooms and 3 full bathrooms across 1591 square feet of thoughtfully designed living space. The property sits on a generous 0.07-acre lot, offering a perfect balance of indoor and outdoor living.

The heart of this home is its open-concept living area, adorned with resilient plank flooring and recessed lighting, creating an inviting atmosphere for both relaxation and entertaining. A modern staircase serves as a focal point, seamlessly connecting the levels. The contemporary kitchen is a chef's delight, boasting sleek countertops, stylish cabinetry, and modern stainless steel appliances, including a microwave, gas range, and range hood. A large kitchen island provides ample space for meal preparation and casual dining.

Each bedroom is a serene retreat, featuring rich wood flooring, recessed lighting, and ceiling fans for optimal comfort. Several bedrooms offer the added elegance of vaulted ceilings, enhancing the sense of space and light. The well-appointed bathrooms feature contemporary fixtures; one primary bathroom includes a double vanity and a spacious, glass-enclosed shower, while another offers a walk-in shower. Built-in features in the bathrooms provide both style and functionality. Experience the vibrant Austin lifestyle from this remarkable address. Virtual furnishings have been added to photos for visualization.

At $236/sqft, this home is 40% 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

1212 Lily Ter #1, Austin, TX 78741

Property Details

Price $374,900
Status Active Listing
Beds 3
Full Baths 3
Half Baths ,
Living Area 1,591 sqft
Lot Size 0.07 acres (3,162.46 sqft)
Year Built 2023
Garage 1 spaces
Stories ,
Type Residential · Condominium
Subdivision Country Club Gardens
County Travis
Zip Code 78741
$/sqft $236/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $8,203.98
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT241589619
List Date July 29, 2026
Elementary School Baty
Middle School Ojeda
High School Del Valle
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 →

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 29, 2026 $389,900
Current ask $374,900
Reduced $15,000 (-3.8%) 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
2308 Montague St
Eastwood At Riverside
$374,900 $198 3 bd / 3 ba 1,898 sqft , 2026-03-05
6711 Cruz St
Chernosky 17
$375,000 $311 3 bd / 3 ba 1,204 sqft , 2026-08-30
2101 Rivers Edge Way #3
Riverside Villas Amd
$387,500 $277 3 bd / 3 ba 1,399 sqft , 2026-07-31
1429 Poppy Seed Ln
Riverside Meadows Sec 01
$360,000 $234 4 bd / 2 ba 1,540 sqft , 2026-08-25
1428 Poppy Seed Ln
Riverside Meadows Sec 01
$399,000 $191 4 bd / 3 ba 2,088 sqft , 2026-06-19

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
$1,800/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
$74,980
20% conventional investment loan

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

Estimated Gross Rent+$1,800
Principal + Interest−$2,046
Property Tax (~2.1% TX avg)−$656
Insurance (~0.5%)−$156
Est. Monthly Cash Flow $-1,058

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

More Luxury Homes in Austin

Loading…
View All Luxury Homes →
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 28, 2026.

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