Active Listing  ·  63 days on market

12621 Capella Trl

Austin, TX 78732
$999,000
6 Bed 4 Bath 3,722 sqft $268/sqft Built 2007 0.23 acres 2.5-Car Garage Pool Steiner Ranch Ph 01 Sec 7a

12621 Capella Trail sits in Steiner Ranch on a large, private lot shaded by mature oaks & backing directly to greenbelt with no rear neighbors. The layout puts the primary suite & a second bedroom with full bath on the main floor, with four additional bedrooms upstairs—six total—offering a flexible floor plan. Tall ceilings & abundant natural light run throughout, & the bedrooms are generously sized.

The home also includes a dedicated main-floor study, upstairs study nook, separate game room for kids or media use & a 2.5-car garage with extra storage or workshop space. Covered front & back patios extend the living space outdoors year-round. The pool is larger than it appears at approximately 18 feet across & 5.5 feet at its deepest point, offering plenty of room to swim, play & cool off while keeping maintenance costs manageable & preserving ample yard space.

Recent updates include a completely remodeled kitchen with newer appliances, all-new solid cherry cabinets & new countertops, plus remodeled secondary bathrooms. New roof & carpet in June 2026. EV charger already installed.

Location is a standout: a very short walk to Laura Bush Elementary, Canyon Ridge Middle School, Town Square Community Center & the dog park.

Steiner Ranch offers Lake Austin access through the neighborhood's private lake club & boat launch, with the University of Texas Golf Club located within the community. Residents also enjoy multiple community centers, dining, retail and medical facilities in the neighborhood, pools, tennis, pickleball & basketball courts, sports fields & 20+ miles of hike-and-bike trails connecting to Balcones Canyonlands Preserve greenbelt. Zoned to Leander ISD.

At $268/sqft, this home is 31% 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

12621 Capella Trl, Austin, TX 78732

Property Details

Price $999,000
Status Active Listing
Beds 6
Full Baths 4
Half Baths ,
Living Area 3,722 sqft
Lot Size 0.23 acres (10,193.04 sqft)
Year Built 2007
Garage 2.5 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Steiner Ranch Ph 01 Sec 7a
County Travis
Zip Code 78732
$/sqft $268/sqft
Days on Market ,
HOA $610/Semi-Annually
Annual Tax Est. $15,186
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT244879192
List Date September 10, 2026
Elementary School Laura Welch Bush
Middle School Canyon Ridge
High School Vandegrift
School District Leander ISD

Leander ISD

Laura Welch Bush · 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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Price History

How This Ask Has Moved

Original list price versus what this home is asking today. Straight from the ACTRIS MLS feed, no interpretation.

Original ask · September 10, 2026 $1,049,000
Current ask $999,000
▼ Reduced $50,000 (-4.8%) from original ask

Source: ACTRIS MLS. Price change timestamp reflects the most recent adjustment on record; the feed does not expose intermediate steps between the original ask and today's ask.

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
13300 Bright Sky Overlook None
Steiner Ranch Ph 01 Sec 7A
$999,999 $294 5 bd / 3 ba 3,400 sqft , 2026-08-27
12609 Calistoga Way
Steiner Ranch River Dance Ph 03
$850,000 $236 5 bd / 4 ba 3,600 sqft , 2026-09-24
13013 Bloomfield Hills Ln
STEINER RANCH PHS 1 SEC 6E
$1,149,000 $270 5 bd / 4 ba 4,253 sqft , 2026-10-01
2852 Grimes Ranch Rd
Steiner Ranch Ph 01 Sec 05B
$699,900 $267 6 bd / 3 ba 2,625 sqft , 2026-10-28
12816 Majestic Oaks Dr
Steiner Ranch Ph 01 Sec 05C
$699,000 $268 5 bd / 3 ba 2,612 sqft , 2026-07-06

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
$4,795/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
$199,800
20% conventional investment loan

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

Estimated Gross Rent+$4,795
Principal + Interest−$5,452
Property Tax (assumed ~2.1%)−$1,748
Insurance (assumed ~0.5%)−$416
Est. Monthly Cash Flow $-2,821

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 11, 2026.

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

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