Active Listing  ·  0 days on market

12735 Magnolia Mound Trl

Austin, TX 78727
$416,000
3 Bed 2 Bath 1,297 sqft $321/sqft Built 1984 0.15 acres 1-Car Garage Pool Milwood Sec 12

Welcome to 12735 Magnolia Mound Trail, a beautifully updated 3-bedroom, 2-bath home in Northwest Austin, served by Jollyville Elementary, Canyon Vista Middle School, and Westwood High School. Offering 1,297 sq. ft. on a .15-acre lot, this light-filled home features an inviting floor plan with vaulted ceilings and a spacious family room centered around a newly tiled fireplace. The large kitchen offers granite countertops, an oversized breakfast bar opening to the family room, abundant cabinetry, and updated appliances. One secondary bedroom provides excellent flexibility for a home office, study, or guest room.

The spacious primary bedroom features vaulted ceilings and a large walk-in closet. Both bathrooms offer stone/granite countertops, undermount sinks, updated faucets, and generous counter space, including a convenient vanity/powder area.

Extensive September 2026 updates include fresh interior and exterior paint, including the garage; waterproof laminate flooring; new light fixtures and ceiling fans; updated door and cabinet hardware, locks and hinges; new microwave and gas range; new window blinds; new fireplace tile; new electrical outlets and switches; and new faucets. The roof and rain gutters were replaced in July 2020.

Enjoy the screened-in back patio and refreshed backyard with mulch and river gravel, creating an attractive, low-maintenance space for entertaining or relaxing outdoors. A great Northwest Austin location combined with highly sought-after schools makes this home especially appealing.

At $321/sqft, this home is 18% 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

12735 Magnolia Mound Trl, Austin, TX 78727

Property Details

Price $416,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,297 sqft
Lot Size 0.15 acres (6,534 sqft)
Year Built 1984
Garage 1 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Milwood Sec 12
County Travis
Zip Code 78727
$/sqft $321/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $6,249.01
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT249148689
List Date October 8, 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
7017 Tesoro Trl
Milwood Sec 26B
$419,900 $260 3 bd / 2 ba 1,618 sqft , 2026-07-22
8009 Tantara Ct
Hunters Chase Sec 05 Amd
$410,500 $280 3 bd / 2 ba 1,466 sqft , 2026-08-27
7601 Windrush Dr
Milwood
$425,000 $244 3 bd / 3 ba 1,744 sqft , 2026-05-22
7010 Riverton Dr
Milwood Sec 26B
$395,000 $244 3 bd / 2 ba 1,618 sqft , 2026-09-18
12903 Campos Dr
Milwood Sec 16
$438,000 $322 3 bd / 2 ba 1,359 sqft , 2026-07-17

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
$1,997/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
$83,200
20% conventional investment loan

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

Estimated Gross Rent+$1,997
Principal + Interest−$2,270
Property Tax (~2.1% TX avg)−$728
Insurance (~0.5%)−$173
Est. Monthly Cash Flow $-1,174

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 8, 2026.

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