Active Listing  ·  49 days on market

12609 Calistoga Way

Austin, TX 78732
$850,000
5 Bed 4 Bath 3,600 sqft $236/sqft Built 2008 0.19 acres 2-Car Garage Pool Steiner Ranch River Dance Ph 03

This beautifully updated home offers the perfect blend of comfort, space, and scenic surroundings. Backing onto a private and serene greenbelt with sweeping Hill Country views, the property provides both privacy and a picturesque backdrop for everyday living. The inviting covered patio creates ideal spaces for relaxing or entertaining while enjoying the natural setting.

Inside, you’ll find high ceilings and an open-concept layout that enhances both light and flow. The spacious great room features a cozy fireplace and seamlessly connects to the open kitchen, complete with stainless steel appliances, ample counter space, and room to gather. A dedicated study offers a quiet place to work from home, while the media room and large game room provide plenty of space for entertainment and recreation.

The primary suite is a true retreat, highlighted by a beautifully updated bathroom designed with comfort and style in mind. Additional features include a private backyard, perfect for unwinding, and an oversized two-and-a-half-car garage that provides abundant storage and flexibility. All nestled into the Bella Mar enclave in beautiful Steiner Ranch. Highly acclaimed schools. Minutes to shops, restaurants, community pools, trails, Lake Travis, and so much more

At $236/sqft, this home is 39% below the Austin active market average of $390/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

12609 Calistoga Way, Austin, TX 78732

Property Details

Price $850,000
Status Active Listing
Beds 5
Full Baths 4
Half Baths ,
Living Area 3,600 sqft
Lot Size 0.19 acres (8,319.96 sqft)
Year Built 2008
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Steiner Ranch River Dance Ph 03
County Travis
Zip Code 78732
$/sqft $236/sqft
Days on Market ,
HOA $100.5/Monthly
Annual Tax Est. $13,457.17
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT247799636
List Date September 24, 2026
Elementary School River Ridge
Middle School Canyon Ridge
High School Vandegrift
School District Leander ISD

Leander ISD

River Ridge · Canyon Ridge · Vandegrift

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
220 Mediterra Pt
River Dance Ph 6a
$835,000 $283 4 bd / 4 ba 2,949 sqft , 2026-08-20
12724 Rush Creek Ln
Steiner Ranch Ph 01 Sec 09
$750,000 $235 4 bd / 4 ba 3,185 sqft , 2026-06-11
12213 Montclair Bnd
River Dance Ph 6A
$750,000 $247 4 bd / 4 ba 3,033 sqft , 2026-10-06
12529 Rush Creek Ln
Steiner Ranch Ph 01 Sec 09
$719,000 $230 4 bd / 4 ba 3,125 sqft , 2026-07-27
12321 Edenvale Path
Steiner Ranch
$999,000 $285 4 bd / 4 ba 3,500 sqft , 2026-06-18

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
$4,080/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
$170,000
20% conventional investment loan

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

Estimated Gross Rent+$4,080
Principal + Interest−$4,639
Property Tax (assumed ~2.1%)−$1,488
Insurance (assumed ~0.5%)−$354
Est. Monthly Cash Flow $-2,401

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 · 41 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. The written content was last updated on November 7, 2026.

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

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