Active Listing  ·  29 days on market

12301 Canera Ct

Austin, TX 78748
$425,000
4 Bed 3 Bath 2,077 sqft $205/sqft Built 2013 0.27 acres 2-Car Garage Pool Gabardine Condo

Welcome to low-maintenance, lock-and-leave living in Gabardine Gardens at Shady Hollow, a gated neighborhood in South Austin featuring less than 100 homes! Though part of a condo regime, the property has no shared walls and lives like a single-family home with the convenience of shared amenities. This 2-story home offers approximately 2,100 square feet, 4 bedrooms, 2.5 baths, and a 2-car attached garage, plus ample guest parking nearby—a rare find here. Inside, this open-concept layout with high ceilings is filled with natural light, engineered wood floors, plush bedroom carpet, and a kitchen with stainless steel appliances (refrigerator to convey), including a free-standing gas range with double ovens, quartz countertops, abundant cabinetry, step-in pantry, and home workspace. The spacious utility room adds everyday convenience with room for storage (washer and dryer to convey), while the oversized lot with an expansive fully fenced backyard offers room to garden, Rover to roam, entertain, or simply unwind—something few homes in this neighborhood can match. A well-positioned opportunity for a buyer ready to add personal touches with paint, flooring, and updates after closing, making it easy to build instant equity in a home that's uniquely yours. Gabardine delivers true lock-and-leave ease, with the HOA covering exterior maintenance, a gated entrance, and common area landscaping, freeing up your time to enjoy the sparkling pool, walking trails, and beautifully maintained green spaces. This friendly enclave is zoned for highly desirable Baranoff Elementary, Bailey Middle School, and Bowie High School, and sits just minutes from South Menchaca's breweries, coffee shops, JuiceLand, Madam Mam's, and Maudie's Hacienda, with easy access to Brodie Lane, MoPac, and SH45 for a quick commute anywhere in Austin. Don't miss this chance to own one of the largest lots in Gabardine, ready for your personal touch—schedule your showing today!

At $205/sqft, this home is 47% below the Austin active market average of $390/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

12301 Canera Ct, Austin, TX 78748

Property Details

Price $425,000
Status Active Listing
Beds 4
Full Baths 2
Half Baths 1
Living Area 2,077 sqft
Lot Size 0.27 acres (11,674.08 sqft)
Year Built 2013
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Gabardine Condo
County Travis
Zip Code 78748
$/sqft $205/sqft
Days on Market ,
HOA $535/Monthly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT239867632
List Date July 16, 2026
Elementary School Baranoff
Middle School Bailey
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.

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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 16, 2026 $449,000
Current ask $425,000
Reduced $24,000 (-5.3%) 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
11116 Jim Thorpe Ln
Olympic Heights Sec 02
$429,000 $229 4 bd / 3 ba 1,875 sqft , 2026-02-26
1318 Jenkins Bnd
Summerrow
$434,000 $227 3 bd / 3 ba 1,910 sqft , 2026-04-02
11432 Hillhaven Dr
HILLCREST SEC 3
$415,000 $186 3 bd / 3 ba 2,233 sqft , 2026-06-19
2312 MARCUS ABRAMS Blvd
Olympic Heights Sec 02
$440,000 $185 4 bd / 3 ba 2,377 sqft , 2026-04-20
12020 Battle Bridge Dr
Southland Oaks Sec 04 Ph B
$440,000 $290 4 bd / 2 ba 1,517 sqft , 2026-05-08

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
$2,040/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
$85,000
20% conventional investment loan

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

Estimated Gross Rent+$2,040
Principal + Interest−$2,319
Property Tax (~2.1% TX avg)−$744
Insurance (~0.5%)−$177
Est. Monthly Cash Flow $-1,200

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 10, 2026.

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