About This Home

Diamond in the rough needs a little loving but the potential is excellent! Private primary suite with attached bath has two walk-in closets, walk in shower and separate toilet area. Large eat in kitchen has newer cabinets, granite countertops and nice gas range with microwave. Unique stone arch separates the dining and living area. Living room has vaulted ceiling and hearth to ceiling built-in bookshelves. All bedrooms have ceiling fans and ample closets.

At $199/sqft, this home is 49% 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

12507 Esplanade St, Austin, TX 78727

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Property Details

Price $310,000

Status Active Listing

Beds 3

Full Baths 2

Half Baths ,

Living Area 1,561 sqft

Lot Size 0.17 acres (7,518.46 sqft)

Year Built 1981

Garage 2 spaces

Stories ,

Type Residential · Single Family Residence

Subdivision Lamplight Village Sec 05

County Travis

Zip Code 78727

$/sqft $199/sqft

Days on Market ,

HOA None / verify with agent

Annual Tax Est. $7,622.64

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT228355499

List Date May 1, 2026

Elementary School Parmer Lane

Middle School Westview

High School John B Connally

School District ,

Have Questions About This Property?

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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

110 W Garrett Run
Western Trails Of Quail Creeks $310,000 $218 3 bd / 2 ba 1,420 sqft , 2026-03-19

8505 Mayview Dr
Colony Park Hills Ia $310,000 $181 3 bd / 2 ba 1,716 sqft , 2026-06-26

7407 Grand Linden Way
Easton Park $310,000 $207 2 bd / 3 ba 1,495 sqft , 2026-07-09

5307 King Henry Dr
Cavalier Park Sec 03 $310,000 $278 3 bd / 2 ba 1,116 sqft , 2026-07-30

1121 Peggotty Pl
Copperfield Sec 02-D $309,999 $285 3 bd / 2 ba 1,086 sqft , 2026-04-16

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

$1,488/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

$62,000

20% conventional investment loan

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

Estimated Gross Rent+$1,488

Principal + Interest−$1,692

Property Tax (~2.1% TX avg)−$543

Insurance (~0.5%)−$129

Est. Monthly Cash Flow $-876

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

12507 Esplanade St

Location

Property Details

Comparable Listings Right Now

Rental Income Potential

Major Employers Near Austin, TX

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