Active Listing  ·  1 day on market

12323 Emery Oaks Rd

Austin, TX 78758
$290,000
2 Bed 2 Bath 920 sqft $315/sqft Built 1983 0.13 acres 1-Car Garage Pool North Star Sec 05

Charming and efficient 2-bedroom, 1.5-bath home in a highly convenient North Austin location just minutes from The Domain, St. David’s North Austin Medical Center, H-E-B, shopping, dining, and everyday conveniences. Quick access to Mopac and Highway 183 makes getting around Austin easy, with Downtown Austin approximately 20 minutes away depending on traffic.

Inside, the home features a spacious living area with a vaulted ceiling and an updated tiled fireplace that creates a stylish focal point. The adjoining dining area flows into the kitchen, which offers granite countertops, painted cabinetry, stainless-steel appliances, and ample storage. Additional updates throughout include a refreshed modern bathroom.

The primary bedroom includes a walk-in closet, while the second bedroom offers flexibility for guests, a home office, or additional living space. Outside, the fenced backyard and deck provide a comfortable space for relaxing or entertaining. An attached one-car garage adds additional convenience.

A well-located, thoughtfully updated home with an efficient footprint and easy access to some of North Austin’s most popular destinations.

At $315/sqft, this home is 20% 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

12323 Emery Oaks Rd, Austin, TX 78758

Property Details

Price $290,000
Status Active Listing
Beds 2
Full Baths 1
Half Baths 1
Living Area 920 sqft
Lot Size 0.13 acres (5,749.92 sqft)
Year Built 1983
Garage 1 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision North Star Sec 05
County Travis
Zip Code 78758
$/sqft $315/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $6,478.95
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT248283306
List Date October 7, 2026
Elementary School Pillow
Middle School Burnet (Austin ISD)
High School Anderson
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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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
12811 Copper Cliff Ave #B
Lamplight West
$290,000 $347 2 bd / 1 ba 835 sqft , 2026-07-27
12808 Chromite St #B
Lamplight West Sec 02
$299,000 $281 2 bd / 2 ba 1,064 sqft , 2026-08-18
12517 Limerick Ave
Lamplight Village Sec 01
$275,000 $273 3 bd / 2 ba 1,007 sqft , 2026-07-21
1910 Albury Cv #A
Cerca at The Domain Condominiums
$359,900 $315 2 bd / 2 ba 1,144 sqft , 2026-09-17
2320 Gracy Farms Ln #414
Stoneleigh Condominiums
$219,000 $201 2 bd / 2 ba 1,090 sqft , 2026-09-30

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
$1,392/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
$58,000
20% conventional investment loan

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

Estimated Gross Rent+$1,392
Principal + Interest−$1,583
Property Tax (~2.1% TX avg)−$508
Insurance (~0.5%)−$121
Est. Monthly Cash Flow $-820

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 →