Active Listing  ·  76 days on market

12800 Stepping Stone Cv

Austin, TX 78727
$469,965
3 Bed 2 Bath 1,620 sqft $290/sqft Built 1978 0.52 acres 2-Car Garage Pool Northwood

.51 Acre! Big lot! Established neighborhood nestled among trees on .51 acres. Located near Mopac and 183 you can easily get to the Domain, Q2 Stadium and more. This 3-bedroom, 2 bath home has continuous vinyl plank throughout the kitchen, dining, living, beds, and baths. The living room features a vaulted ceiling with wood beams, fireplace, wet bar and a large living area for both relaxation and entertainment. The dining area sits next to the kitchen which opens to the living room, providing even more space. The backyard is serene and private with a canopy of trees for shade. Settled in the back of .51 acres lot sits a storybook styled storage shed. This shed is large and leaves room for the imagination for how you would want to use it. This home has timeless appeal with room to make it your own.

At $290/sqft, this home is 26% 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 Stepping Stone Cv, Austin, TX 78727

Property Details

Price $469,965
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,620 sqft
Lot Size 0.52 acres (22,572.79 sqft)
Year Built 1978
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Northwood
County Travis
Zip Code 78727
$/sqft $290/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $10,633.8
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT241091316
List Date July 24, 2026
Elementary School Summitt
Middle School Murchison
High School Anderson
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 24, 2026 $510,000
Previous ask $495,000
Current ask $469,965
▼ Reduced $40,035 (-7.8%) 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
4001 Burr Oak Ln
Northwood Sec 2
$467,000 $269 4 bd / 3 ba 1,734 sqft , 2026-09-11
4802 Ganymede Dr
Milwood Sec 11
$464,990 $284 4 bd / 2 ba 1,639 sqft , 2026-09-03
5143 Ganymede Dr
Milwood Sec 11
$445,000 $342 3 bd / 2 ba 1,301 sqft , 2026-04-13
3906 Tattershall Ln
Milwood Sec 05
$445,000 $315 3 bd / 2 ba 1,411 sqft , 2026-07-30
4601 Tamarack Trl
Northwood 04
$444,000 $285 3 bd / 2 ba 1,556 sqft , 2026-06-02

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
$2,256/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
$93,993
20% conventional investment loan

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

Estimated Gross Rent+$2,256
Principal + Interest−$2,565
Property Tax (~2.1% TX avg)−$822
Insurance (~0.5%)−$196
Est. Monthly Cash Flow $-1,327

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 6, 2026.

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