Active Listing  ·  40 days on market

12801 Arbor Lake Cv

Austin, TX 78732
$1,495,000
5 Bed 6 Bath 4,399 sqft $340/sqft Built 2007 0.63 acres 3-Car Garage Pool Steiner Ranch Ph 01 Sec 7b

Beautiful family home on a premier **0.64-acre cul-de-sac lot** backing to a tranquil greenbelt in the prestigious gated enclave of **Lakewood Hills in Steiner Ranch**. This exceptional **5-bedroom, 5.5-bath** residence features hand-scraped hardwood floors, plantation shutters, and luxurious finishes throughout. Designed for today's lifestyle, the home offers **two private offices** plus a **dedicated fiber connection**, delivering enterprise-grade internet ideal for remote work, streaming, gaming, and smart home technology. A spacious **3-car garage** provides ample room for vehicles, storage, and hobbies.

The gourmet kitchen showcases granite countertops, stainless steel appliances, an expansive center island, built-in workspace, custom cabinetry, and abundant storage. The elegant primary suite and private guest suite are located on the main level, while three additional bedrooms with en-suite baths and a spacious game room are upstairs. A fully equipped and furnished media room creates the ultimate entertainment experience.

Outdoor living is equally impressive with a covered patio featuring a wood-burning fireplace, built-in BBQ, and peaceful greenbelt views. The estate-sized homesite offers ample room for a resort-style pool while maintaining generous lawn space for recreation and entertaining. One of Lakewood Hills' premier greenbelt lots, the property also offers the potential for expansive canyon views through selective tree management.

Residents enjoy Steiner Ranch's outstanding amenities, including resort-style pools, tennis and pickleball courts, parks, playgrounds, sports fields, miles of hiking and biking trails, and the private Lake Club on Lake Austin. Located within the acclaimed **Leander ISD**, including highly sought-after **Vandegrift High School**, this remarkable home combines privacy, luxury, modern connectivity, and an exceptional setting in one of Austin's most desirable gated communities.

At $340/sqft, this home is 13% 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

12801 Arbor Lake Cv, Austin, TX 78732

Property Details

Price $1,495,000
Status Active Listing
Beds 5
Full Baths 5
Half Baths 1
Living Area 4,399 sqft
Lot Size 0.63 acres (27,399.24 sqft)
Year Built 2007
Garage 3 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Steiner Ranch Ph 01 Sec 7b
County Travis
Zip Code 78732
$/sqft $340/sqft
Days on Market ,
HOA $644/Semi-Annually
Annual Tax Est. $25,167
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT218846840
List Date June 25, 2026
Elementary School River Ridge
Middle School Canyon Ridge
High School Vandegrift
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 · June 25, 2026 $1,600,000
Previous ask $1,550,000
Current ask $1,495,000
Reduced $105,000 (-6.6%) 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
107 Caicos Cv
Rough Hollow Sec 10 Rsb Lts 26
$1,495,000 $312 5 bd / 6 ba 4,798 sqft , 2026-03-13
208 Santaluz Ln
River Dance Ph 05
$1,495,000 $365 5 bd / 4 ba 4,093 sqft , 2026-04-23
5309 Laguna Cliff Ln
Reserve At Hudson Bend
$1,495,000 $288 5 bd / 5 ba 5,194 sqft , 2026-06-11
4701 S Forest Dr
Park Forest Sec 02
$1,495,000 $463 4 bd / 4 ba 3,231 sqft , 2026-06-25
1078 Gato Del Sol Ave
Saratoga Hills
$1,499,000 $339 4 bd / 6 ba 4,428 sqft , 2026-04-06

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
$7,176/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
$299,000
20% conventional investment loan

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

Estimated Gross Rent+$7,176
Principal + Interest−$8,159
Property Tax (~2.1% TX avg)−$2,616
Insurance (~0.5%)−$623
Est. Monthly Cash Flow $-4,222

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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