Active Listing  ·  27 days on market

12800 Meehan Dr

Austin, TX 78727
$380,000
3 Bed 3 Bath 1,321 sqft $288/sqft Built 1986 0.12 acres 2-Car Garage Pool Scofield Farms Ph 01 Sec 02-A

Move-in ready and thoughtfully updated, 12800 Meehan Dr is a smart match for first-time buyers and tech professionals seeking an easy commute with room to grow. This 3-bedroom, 2.5-bath home was remodeled in 2014 and refreshed again after 2020, with a gourmet kitchen featuring custom real-wood cabinetry, granite counters, new stainless steel appliances, and a gas stove. Smooth, resurfaced walls and ceilings (no popcorn!), laminate flooring, and crown molding carry throughout, and both bathrooms have been updated. Outside, pet-friendly xeriscaping keeps maintenance low, while an illuminated side sitting area and entertaining garden create a private spot to unwind or host friends. The corner lot also includes a stone patio and side yard for a garden space. Upstairs, a versatile office adds flexible living. No HOA. Perfectly positioned in North Austin's Scofield Farms with quick access to I-35, MoPac, and major employers along the Parmer Lane tech corridor, plus The Domain, MetroRail, and numerous dining and entertainment options minutes away!

At $288/sqft, this home is 26% 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

12800 Meehan Dr, Austin, TX 78727

Property Details

Price $380,000
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 $288/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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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
2508 Enfield Rd #8
Enfield Challenge Condo
$380,000 $391 2 bd / 3 ba 971 sqft , 2026-04-23
1741 Spyglass Dr #1-127
One Barton Place Condo
$380,000 $425 2 bd / 2 ba 894 sqft , 2026-05-07
6409 Del Monte Rd
Mohle Add
$380,000 $427 2 bd / 1 ba 890 sqft , 2026-06-09
8200 Furness Dr
Woodbridge Sec 03
$380,000 $224 3 bd / 2 ba 1,693 sqft , 2026-06-05
6809 Porter St #2
Chernosky
$380,000 $290 2 bd / 3 ba 1,312 sqft , 2026-06-24

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
$1,824/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
$76,000
20% conventional investment loan

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

Estimated Gross Rent+$1,824
Principal + Interest−$2,074
Property Tax (~2.1% TX avg)−$665
Insurance (~0.5%)−$158
Est. Monthly Cash Flow $-1,073

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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