Active Listing  ·  153 days on market

12613 Palfrey Dr

Austin, TX 78727
$719,987
4 Bed 3 Bath 2,677 sqft $269/sqft Built 2005 0.19 acres 2-Car Garage Pool Reserve At Northwood

Welcome to this beautifully updated two-story home offering the perfect blend of space, comfort, and convenience in one of North Austin's most desirable locations. Backing to a peaceful greenbelt, this move-in ready home features 2,677 square feet, 4 spacious bedrooms, 2.5 bathrooms, and a dedicated home office.

Step inside to discover fresh interior paint, updated trim, and new flooring throughout, creating a bright, modern feel from the moment you enter. The front of the home features formal living and dining rooms that provide flexible space for entertaining, holidays, or additional seating areas.

The heart of the home is the open-concept family room, complete with a cozy fireplace that flows seamlessly into the kitchen and breakfast area. The kitchen offers a center island, pantry, abundant cabinet space, and plenty of room for gathering with family and friends. A separate laundry room and convenient half bath complete the main level.

Upstairs, all four bedrooms are thoughtfully positioned to provide privacy from the main living areas. The spacious primary suite offers a relaxing retreat, while the additional bedrooms provide flexibility for family, guests, or hobbies.

Step outside to enjoy one of the home's standout features. The oversized backyard backs to a tranquil greenbelt, creating a private setting to unwind or entertain. A wrought iron fence preserves the open views, while the covered patio and newly expanded deck offer the perfect place for morning coffee, evening dinners, or weekend barbecues.

The location is just as impressive. You'll enjoy quick access to major employers that include the Apple campus, The Domain, and the growing tech corridor. Shopping, restaurants, grocery stores, entertainment, and everyday conveniences are just minutes away. Catch Austin FC matches at Q2 Stadium, hop on the nearby Austin MetroRail for an easy commute, or take advantage of quick access to US-183, MoPac, SH 45, and downtown Austin.

At $269/sqft, this home is 31% 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

12613 Palfrey Dr, Austin, TX 78727

Property Details

Price $719,987
Status Active Listing
Beds 4
Full Baths 2
Half Baths 1
Living Area 2,677 sqft
Lot Size 0.19 acres (8,302.54 sqft)
Year Built 2005
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Reserve At Northwood
County Travis
Zip Code 78727
$/sqft $269/sqft
Days on Market ,
HOA $50/Annually
Annual Tax Est. $13,385.38
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT221374567
List Date March 4, 2026
Elementary School Summitt
Middle School Murchison
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.

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
9900 Bayshore Bnd #65
Montebello Condo
$720,000 $283 5 bd / 4 ba 2,545 sqft , 2026-04-18
4020 Airport Blvd #7
Paekside Condos
$720,000 $336 3 bd / 3 ba 2,145 sqft , 2026-05-15
3505 Villa Ct #11
Villa Court
$720,000 $390 3 bd / 3 ba 1,845 sqft , 2026-06-05
7025 Auckland Dr
Circle C Ranch Ph A Sec 05
$720,000 $283 3 bd / 3 ba 2,545 sqft , 2026-06-11
13680 Mesa Verde Dr
Belterra Ph 4 Sec 12A
$719,500 $254 4 bd / 4 ba 2,829 sqft , 2026-06-26

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
$3,456/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
$143,997
20% conventional investment loan

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

Estimated Gross Rent+$3,456
Principal + Interest−$3,929
Property Tax (~2.1% TX avg)−$1,260
Insurance (~0.5%)−$300
Est. Monthly Cash Flow $-2,033

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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