Active Listing  ·  78 days on market

12135 Fitzhugh Rd

Austin, TX 78736
$1,050,000
3 Bed 3 Bath 2,640 sqft $398/sqft Built 1984 1.63 acres Pool NA

Tucked away on 1.63 private acres, this one-of-a-kind Hill Country property offers a rare combination of privacy and flexibility just outside Austin. The setting feels secluded, and worlds away while remaining minutes from some of the area’s most popular destinations including Jester King Brewery, Treaty Oak Distilling, Fitzhugh Brewing, and several of Central Texas’ renowned wedding venues including The Arlo, Addison Grove and Prospect House, exceptionally positioned to capture strong demand from wedding guests, Hill Country visitors, and those seeking an escape from the city. Designed with versatility in mind, the property features two separate structures thoughtfully positioned to create multiple use opportunities. The primary residence offers approximately 1,992 square feet with 2 bedrooms, 2 updated bathrooms, a full kitchen, laundry room, and inviting living spaces that blend comfort with a relaxed Hill Country aesthetic. The second structure spans approximately 648 sqft complete with a full bathroom, kitchenette, storage space, and open-concept layout. It functions perfectly as a guest house, executive office, studio, entertainment space, wellness room, or potential short-term rental suite. The home is equipped with multiple outdoor entertaining and gathering areas intentionally designed to embrace the natural surroundings. Whether hosting friends for the weekend, accommodating wedding guests, creating a private retreat, or operating an income-producing rental, the property lends itself to a wide range of possibilities. With the continued Highway 290 expansion, access back into Austin has become increasingly convenient, making this an easy retreat without sacrificing connectivity. You don't want to miss out on this one!

At $398/sqft, this home is priced 2% above the Austin active market average of $391/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

12135 Fitzhugh Rd, Austin, TX 78736

Property Details

Price $1,050,000
Status Active Listing
Beds 3
Full Baths 3
Half Baths ,
Living Area 2,640 sqft
Lot Size 1.63 acres (71,002.8 sqft)
Year Built 1984
Garage ,
Stories ,
Type Residential · Single Family Residence
Subdivision NA
County Travis
Zip Code 78736
$/sqft $398/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $11,761
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT229220481
List Date May 18, 2026
Elementary School Oak Hill
Middle School Small
High School Bowie
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 →

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
16001 Pool Canyon Rd
Hudson Bend Colony No 2
$1,050,000 $316 4 bd / 5 ba 3,322 sqft , 2026-02-16
5717 Lost Horizon Dr #12
THE PINNACLE AT GREAT HILLS
$1,050,000 $436 4 bd / 3 ba 2,410 sqft , 2026-06-12
2811 W Fresco Dr
Rosedale
$1,050,000 $498 4 bd / 3 ba 2,109 sqft , 2026-06-26
350 Jacksdaw Dr
Reunion Ranch
$1,050,000 $318 4 bd / 3 ba 3,298 sqft , 2026-06-16
3103 Garwood St #1
Brass G M
$1,050,000 $504 3 bd / 4 ba 2,082 sqft , 2026-06-04

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
$5,040/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
$210,000
20% conventional investment loan

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

Estimated Gross Rent+$5,040
Principal + Interest−$5,730
Property Tax (~2.1% TX avg)−$1,838
Insurance (~0.5%)−$438
Est. Monthly Cash Flow $-2,966

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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