Active Listing  ·  129 days on market

12216 Silverton Tree Bnd

Mustang Ridge, TX 78610
$323,490
4 Bed 2 Bath 2,042 sqft $158/sqft Built 2026 0.19 acres 2-Car Garage Pool New Construction Durango

The Lakeway is a spacious two-story home in the Durango community of Mustang Ridge, offering 4 bedrooms, 3 full bathrooms, 2,042 square feet of thoughtfully designed living space, and a 2-car garage. The open-concept layout seamlessly connects the kitchen, dining, and living areas, creating an inviting space for everyday living and entertaining.

The kitchen features granite countertops, quality cabinetry, stainless steel appliances, a large center island, and ample storage. The first-floor primary suite offers a private retreat with dual vanities, a walk-in shower, and a generous walk-in closet. A secondary bedroom and full bath downstairs provide flexibility for guests or a home office.

Upstairs, additional bedrooms and a versatile loft offer extra living space for work, play, or relaxation. Additional features include luxury vinyl plank flooring in main living areas, energy-efficient construction, covered patio, professionally landscaped yard, full irrigation system, and America's Smart Home® technology package with smart thermostat, video doorbell, smart lock, and connected home automation features.

Conveniently located with access to major highways, Austin employment centers, shopping, dining, and outdoor recreation, Durango offers a growing community atmosphere with modern new-home convenience.

At $158/sqft, this home is 9% below the Mustang Ridge active market average of $173/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

12216 Silverton Tree Bnd, Mustang Ridge, TX 78610

Property Details

Price $323,490
Status Active Listing
Beds 4
Full Baths 2
Half Baths ,
Living Area 2,042 sqft
Lot Size 0.19 acres (8,276.4 sqft)
Year Built 2026
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Durango
County Travis
Zip Code 78610
$/sqft $158/sqft
Days on Market ,
HOA $65/Monthly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT238881188
List Date July 6, 2026
Elementary School Creedmor
Middle School Del Valle
High School Del Valle
School District Del Valle ISD

Del Valle ISD

Creedmor · Del Valle · Del Valle

Luke Allen (TREC #788149) has deep knowledge of Mustang Ridge 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 $339,990
Previous ask $329,990
Current ask $323,490
▼ Reduced $16,500 (-4.9%) 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 Mustang Ridge

Comparable Listings Right Now

Homes currently for sale in Mustang Ridge 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
11913 Horseshoe Field Bnd
Durango
$321,520 $166 4 bd / 2 ba 1,937 sqft , 2026-07-23
12113 Silverston Tree Bend None
DURANGO
$326,990 $160 4 bd / 3 ba 2,042 sqft , 2026-08-21
8509 Faded Denim Dr
Frontier
$316,290 $150 4 bd / 3 ba 2,110 sqft , 2026-09-10
8508 Rhinestone Rd
Frontier
$330,690 $140 4 bd / 3 ba 2,367 sqft , 2026-07-13
13010 Cattle Rustler Rd
Frontier
$330,990 $140 4 bd / 3 ba 2,367 sqft , 2026-07-13

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
$1,553/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
$64,698
20% conventional investment loan

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

Estimated Gross Rent+$1,553
Principal + Interest−$1,765
Property Tax (assumed ~2.1%)−$566
Insurance (assumed ~0.5%)−$135
Est. Monthly Cash Flow $-913

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 Mustang Ridge, TX

Mustang Ridge 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 · 41 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. The written content was last updated on October 20, 2026.

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

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