Active Listing  ·  1 day on market

12308 Gatling Gun Ln

Austin, TX 78739
$770,000
4 Bed 3 Bath 3,124 sqft $246/sqft Built 2003 0.35 acres 3-Car Garage Pool Barker Ranch At Shady Hollow

Welcome to this beautifully maintained single-story home in the highly desirable Barker Ranch at Shady Hollow! Situated on an oversized .35 acre lot, this exceptional 4-bedroom, 2.5-bath home also features a dedicated office, flex room, and formal dining room. .

Inside, soaring ceilings, expansive picture windows, and an open-concept floor plan fill the home with natural light while showcasing peaceful views of the neighborhood park and the peaceful backyard haven. In the family room, a cozy gas fireplace creates a warm, inviting atmosphere. The spacious kitchen, seamlessly flowing into the dining room and living areas, is designed for entertaining with a large island, breakfast bar, abundant cabinetry, new stainless steel appliances and roomy pantry.

The oversized owner's suite offers a relaxing retreat with bay windows, room for a sitting area, and a spa-like ensuite featuring dual vanities, a garden tub, separate shower, and a generous walk-in closet with built in shelving. The split bedroom floorplan provides added privacy, and every bedroom includes a large closet.

Step outside to your own private backyard retreat featuring a covered patio, mature trees, and plenty of room to relax or entertain year-round.

Additional highlights include a full sprinkler system, security system, and an oversized 3-car garage with ample storage.

Ideally located just a half-mile from award-winning Baranoff Elementary and zoned to Bailey Middle School and Bowie High School. Enjoy easy access to Mopac, I-35, major employers, shopping, and outdoor recreation. H-E-B, and the Lady Bird Johnson Wildflower Center are all just minutes away. This is a rare South Austin gem offering the perfect blend of comfort, style, and easy living in one of the area's most well maintained neighborhoods

At $246/sqft, this home is 37% below the Austin active market average of $391/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

12308 Gatling Gun Ln, Austin, TX 78739

Property Details

Price $770,000
Status Active Listing
Beds 4
Full Baths 2
Half Baths 1
Living Area 3,124 sqft
Lot Size 0.35 acres (15,298.27 sqft)
Year Built 2003
Garage 3 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Barker Ranch At Shady Hollow
County Travis
Zip Code 78739
$/sqft $246/sqft
Days on Market ,
HOA $450/Annually
Annual Tax Est. $16,226.33
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT249195347
List Date October 8, 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.

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 · October 8, 2026 $780,000
Current ask $770,000
▼ Reduced $10,000 (-1.3%) 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
12409 Gun Metal Dr
Barker Ranch At Shady Hollow
$774,000 $248 4 bd / 3 ba 3,124 sqft , 2026-07-11
11600 Arroyo Blanco Dr
Southland Oaks Sec 05
$750,000 $215 5 bd / 4 ba 3,490 sqft , 2026-05-28
2909 Cavern Mist Ln
Barker Ranch At Shady Hollow
$799,000 $306 4 bd / 2 ba 2,614 sqft , 2026-09-17
13100 Bismark Dr
Bridges Of Bear Creek Ph 2 SE
$698,000 $331 4 bd / 3 ba 2,111 sqft , 2026-08-27
3414 Eldorado Trl
Shady Hollow Add Sec 02 Ph 01
$665,000 $316 3 bd / 2 ba 2,105 sqft , 2026-06-25

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
$3,696/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
$154,000
20% conventional investment loan

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

Estimated Gross Rent+$3,696
Principal + Interest−$4,202
Property Tax (~2.1% TX avg)−$1,348
Insurance (~0.5%)−$321
Est. Monthly Cash Flow $-2,175

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 October 8, 2026.

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