Active Listing  ·  113 days on market

12317 Emory Oak Ln

Austin, TX 78738
$5,675,000
5 Bed 6 Bath 8,178 sqft $694/sqft Built 2008 1.23 acres 3-Car Garage Pool Spanish Oaks

Nestled on 1.23 pristine acres within the exclusive guard-gated enclave of Spanish Oaks, 12317 Emory Oak Ln is a rare compound that delivers an exceptional blend of privacy, views and character unlike anything else in the community. The 5 bedroom, 6 bathroom property spans 8,178 SF and borders hundreds of acres of preserved land, providing unobstructed Hill Country views. On approach, mature oaks and native landscaping create a tranquil buffer from the outside world. The open-concept living space is surrounded by walls of glass and anchored by the gourmet kitchen, featuring Wolf and Thermador ovens, a SubZero refrigerator, a premium Miele dishwasher and an oversized quartz countertop. Sprawling Hill Country views frame the living room, where a wood-burning fireplace sets the scene. The primary suite is a welcoming retreat with gorgeous natural light, a fireplace, sitting area, his and hers walk-in closets, dual vanities and a jetted tub. A dedicated office ensures quiet productivity while the fully equipped gym is bathed in light and Hill Country views. A separate Casita offers an immersive entertainment experience with a private movie theater, full pool bath, game room with fireplace and a 2,000+ bottle climate-controlled wine cellar. Outside, resort-style amenities define the grounds — an infinity-edge pool overlooking the natural landscape, a custom outdoor kitchen and pizza oven for al fresco dining, and a fire pit for intimate gatherings under the stars. Well water irrigation underscores the thoughtful infrastructure. Additional features include a lounge, bar, laundry room, 3-car garage, motor court, full-house generator and full AI home automation pre-wiring throughout. Welcome to a singular opportunity in one of Austin's most coveted addresses.

At $694/sqft, this home is priced 77% 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

12317 Emory Oak Ln, Austin, TX 78738

Property Details

Price $5,675,000
Status Active Listing
Beds 5
Full Baths 5
Half Baths 1
Living Area 8,178 sqft
Lot Size 1.23 acres (53,709.48 sqft)
Year Built 2008
Garage 3 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Spanish Oaks
County Travis
Zip Code 78738
$/sqft $694/sqft
Days on Market ,
HOA $1,850/Quarterly
Annual Tax Est. $57,973.87
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT226090148
List Date April 13, 2026
Elementary School Lake Pointe
Middle School Lake Travis
High School Lake Travis
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
12600 Lyndon Dr
Lairsen Add
$5,500,000 $820 5 bd / 7 ba 6,706 sqft , 2025-11-14
3304 Barton Creek Blvd
Estates Above Lost Creek
$5,499,000 $627 6 bd / 8 ba 8,772 sqft , 2026-01-19
16400 Hamilton Pool Rd
none
$5,875,000 $871 6 bd / 7 ba 6,745 sqft , 2026-02-06
1905 Wood Acre Ln
Withers J B
$5,444,000 $855 4 bd / 6 ba 6,367 sqft , 2026-06-10
14701 Hornsby Hill Rd
Bebys Ranch 01 Resub Of Residence
$5,375,000 $722 6 bd / 8 ba 7,446 sqft , 2026-02-02

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
$27,240/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
$1,135,000
20% conventional investment loan

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

Estimated Gross Rent+$27,240
Principal + Interest−$30,971
Property Tax (~2.1% TX avg)−$9,931
Insurance (~0.5%)−$2,365
Est. Monthly Cash Flow $-16,027

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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