Active Listing  ·  38 days on market

12700 La Salle Dr

Austin, TX 78727
$389,000
3 Bed 2 Bath 1,326 sqft $293/sqft Built 1984 0.16 acres 2-Car Garage Pool Milwood Sec 14

Charming and move-in ready home in the highly desirable Milwood neighborhood, offering an unbeatable North Austin location and excellent schools, including Canyon Vista Middle School and Westwood High School. This thoughtfully maintained home features a bright, open floor plan with vaulted ceilings, abundant natural light, and a freshly painted exterior that gives the home a clean, updated look. Recent improvements include the roof, HVAC, and windows. The private backyard offers mature shade trees and plenty of space to relax or entertain. Just about 5 minutes from the Apple campus and conveniently located near major tech employers, with grocery stores, restaurants, shopping, and everyday conveniences within walking distance. Easy access to The Domain, Q2 Stadium, and major highways. A charming, low-maintenance home in one of North Austin’s most convenient and sought-after locations!

At $293/sqft, this home is 25% below the Austin active market average of $392/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

12700 La Salle Dr, Austin, TX 78727

Property Details

Price $389,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,326 sqft
Lot Size 0.16 acres (7,104.64 sqft)
Year Built 1984
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Milwood Sec 14
County Travis
Zip Code 78727
$/sqft $293/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $7,546.61
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT242144049
List Date August 31, 2026
Elementary School Jollyville
Middle School Canyon Vista
High School Westwood
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.

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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
7010 Riverton Dr
Milwood Sec 26B
$395,000 $244 3 bd / 2 ba 1,618 sqft , 2026-09-18
12613 Olympiad Dr
Milwood Sec 29
$379,900 $290 3 bd / 2 ba 1,312 sqft , 2026-07-10
12911 Quinn Trl
MILWOOD SEC 16
$375,000 $254 3 bd / 2 ba 1,479 sqft , 2026-08-03
12735 Magnolia Mound Trl
Milwood Sec 12
$416,000 $321 3 bd / 2 ba 1,297 sqft , 2026-10-08
7017 Tesoro Trl
Milwood Sec 26B
$419,900 $260 3 bd / 2 ba 1,618 sqft , 2026-07-22

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
$1,867/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
$77,800
20% conventional investment loan

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

Estimated Gross Rent+$1,867
Principal + Interest−$2,123
Property Tax (~2.1% TX avg)−$681
Insurance (~0.5%)−$162
Est. Monthly Cash Flow $-1,099

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 · 30 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. This page was last updated on October 7, 2026.

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