Active Listing  ·  92 days on market

12800 Meehan Dr

Austin, TX 78727
$369,000
3 Bed 3 Bath 1,321 sqft $279/sqft Built 1986 0.12 acres 2-Car Garage Pool Scofield Farms Ph 01 Sec 02-A

Rare find in Scofield Farms under $400k, and zero HOA! This 3-bedroom, 2.5-bath home sits on a corner lot with two patio areas, a garden plot, and a landscaped backyard that gives you real outdoor space in a walkable North Austin neighborhood. Inside, the kitchen was remodeled with custom real-wood cabinetry, granite counters, and stainless steel appliances, with additional updates since 2020. Wood floors on the main level, a fireplace, and an upstairs office round out the layout, and the primary suite has a walk-in closet and double vanity. Easy access to I-35 and MoPac puts you minutes from the tech corridor, ideal for commuters or investors looking for a low-maintenance, no-HOA hold. Move-in ready and priced to sell!

At $279/sqft, this home is 29% 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

12800 Meehan Dr, Austin, TX 78727

Property Details

Price $369,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 1,321 sqft
Lot Size 0.12 acres (5,009.4 sqft)
Year Built 1986
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Scofield Farms Ph 01 Sec 02-A
County Travis
Zip Code 78727
$/sqft $279/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $8,124.79
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT238587840
List Date July 8, 2026
Elementary School Parmer Lane
Middle School Westview
High School John B Connally
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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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 · July 8, 2026 $380,000
Current ask $369,000
▼ Reduced $11,000 (-2.9%) 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
13501 Metric Blvd #3
Scofield Farms Mdws Condo
$349,999 $201 3 bd / 3 ba 1,739 sqft , 2026-07-15
2008 Carriage Park Ln
Lamplight Village Sec 01
$398,000 $295 3 bd / 2 ba 1,350 sqft , 2026-09-09
13100 Billiem Dr
Scofield Farms Ph 01 Sec 01
$329,000 $233 3 bd / 2 ba 1,412 sqft , 2026-08-13
13010 Lamplight Village Ave
Lamplight Village Sec 02
$425,000 $284 3 bd / 2 ba 1,497 sqft , 2026-09-26
12507 Esplanade St
Lamplight Village Sec 05
$310,000 $199 3 bd / 2 ba 1,561 sqft , 2026-05-01

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
$1,771/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
$73,800
20% conventional investment loan

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

Estimated Gross Rent+$1,771
Principal + Interest−$2,014
Property Tax (~2.1% TX avg)−$646
Insurance (~0.5%)−$154
Est. Monthly Cash Flow $-1,043

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 September 21, 2026.

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