Active Listing  ·  62 days on market

12203 Toluca Dr

Austin, TX 78748
$388,000
3 Bed 2 Bath 1,597 sqft $243/sqft Built 2017 0.29 acres 2-Car Garage Pool Enclave at Estancia

SELLER IS READY TO MAKE A MOVE! This beautiful home is ready for its next owner! Seller welcomes serious offers-come see everything this home has to offer and let's make it happen! Single Story "SHOWS LIKE A MODEL" HOME. Located in the desirable GATED community "ENCLAVE AT ESTANCIA". Open floor plan- Gourmet kitchen- stainless steel appliances, granite countertops-Primary bedroom room is tucked away from secondary rooms for privacy, large walk-in closet. Primary bath granite counters with double sink, separate shower and garden tub with an enclosed "Throne room." All bedrooms and the living room have ceiling fans; the bedrooms are a good size. Recently installed microwave and dishwasher (20 June 26). Community pool and park. Close to shops, restaurant, and medical facilities; and easy commute North, South, East, and West.

At $243/sqft, this home is 38% 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

12203 Toluca Dr, Austin, TX 78748

Property Details

Price $388,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,597 sqft
Lot Size 0.29 acres (12,558.35 sqft)
Year Built 2017
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Enclave at Estancia
County Travis
Zip Code 78748
$/sqft $243/sqft
Days on Market ,
HOA $140/Monthly
Annual Tax Est. $5,467.36
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT237421468
List Date June 24, 2026
Elementary School Menchaca
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 · June 24, 2026 $398,000
Previous ask $393,000
Current ask $388,000
Reduced $10,000 (-2.5%) 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
13206 Stabler Dr
Estancia West
$388,990 $204 4 bd / 2 ba 1,903 sqft , 2026-02-27
13206 Keefer Dr
Estancia West
$394,990 $227 3 bd / 2 ba 1,739 sqft , 2026-08-20
13212 Keefer Dr
Estancia West
$396,990 $209 4 bd / 2 ba 1,903 sqft , 2026-06-30
13104 Incline Dr
Estancia West
$398,990 $210 4 bd / 2 ba 1,903 sqft , 2026-06-17
716 Allende Bnd
Enclave at Estancia
$399,000 $218 3 bd / 2 ba 1,833 sqft , 2026-07-21

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
$1,862/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
$77,600
20% conventional investment loan

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

Estimated Gross Rent+$1,862
Principal + Interest−$2,117
Property Tax (~2.1% TX avg)−$679
Insurance (~0.5%)−$162
Est. Monthly Cash Flow $-1,096

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 23, 2026.

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