Active Listing  ·  109 days on market

12409 CENTRAL PARK Dr

Austin, TX 78732
$599,000
3 Bed 3 Bath 2,402 sqft $249/sqft Built 2006 0.16 acres 2-Car Garage Pool Steiner Ranch Parkside

FABULOUS ROOF JUST INSTALLED - MAY 2026!!!

Exceptional home in an award-winning community, ideally situated in a top-rated school district with a prime, convenient location. Enjoy walkability to charming local shopping, wonderful dining, and nearby schools. Property owners have the rare privilege of access to Lake Austin—one of Austin’s most treasured amenities.The home offers a beautifully designed layout that lives like a one-story, with a spacious bonus room upstairs. An open and airy floor plan features two generous living areas and two dining spaces, perfect for both everyday living and entertaining. The fenced backyard provides a serene outdoor setting with direct access to a walking path and greenbelt. There is a wonderful covered patio giving the property a perfect spot for outdoor living.This residence exudes charm and offers a truly special ambiance.

At $249/sqft, this home is 36% 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

12409 CENTRAL PARK Dr, Austin, TX 78732

Property Details

Price $599,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 2,402 sqft
Lot Size 0.16 acres (6,926.04 sqft)
Year Built 2006
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Steiner Ranch Parkside
County Travis
Zip Code 78732
$/sqft $249/sqft
Days on Market ,
HOA $610/Semi-Annually
Annual Tax Est. $10,925.72
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT226514318
List Date April 17, 2026
Elementary School Laura Welch Bush
Middle School Canyon Ridge
High School Vandegrift
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
3406 E 17th St #5
theSEVENTEEN
$599,000 $296 3 bd / 4 ba 2,026 sqft , 2026-03-17
1417 Kramer Ln #14
Kramer Heights Condominiums
$599,000 $230 3 bd / 3 ba 2,600 sqft , 2026-02-19
8107 Middle Ct
Forest Mesa
$599,000 $288 2 bd / 2 ba 2,081 sqft , 2026-04-14
1301 S Quinlan Park Rd
River Ridge
$599,000 $349 3 bd / 2 ba 1,715 sqft , 2026-05-01
6437 Old Harbor Ln
Circle C Ranch Ph B Sec 02
$599,000 $346 3 bd / 2 ba 1,730 sqft , 2026-05-06

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
$2,875/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
$119,800
20% conventional investment loan

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

Estimated Gross Rent+$2,875
Principal + Interest−$3,269
Property Tax (~2.1% TX avg)−$1,048
Insurance (~0.5%)−$250
Est. Monthly Cash Flow $-1,692

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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