Active Listing  ·  29 days on market

12816 Majestic Oaks Dr

Austin, TX 78732
$825,000
5 Bed 3 Bath 2,612 sqft $316/sqft Built 1999 0.18 acres 2-Car Garage Pool Steiner Ranch Ph 01 Sec 05C

Nestled in the highly sought-after Steiner Ranch community, this professionally remodeled home offers the perfect blend of timeless design, modern updates, and an unbeatable location. A dramatic vaulted entry welcomes you into a light-filled interior featuring white oak hardwood floors throughout the main level, staircase, and upstairs common areas, complemented by designer Visual Comfort lighting and ceiling fans throughout.

The beautifully renovated kitchen is the heart of the home, showcasing KitchenAid stainless steel appliances, including a counter-depth refrigerator, dishwasher, and double ovens, along with a custom-built window dining nook that's perfect for casual meals or morning coffee. The flexible floor plan offers five bedrooms, with the fifth bedroom conveniently located on the main floor, making it ideal as a dedicated home office, den, or guest suite.

Every detail has been thoughtfully considered, from the three fully remodeled bathrooms featuring Clay Imports tile and designer finishes to the custom closet systems designed to maximize storage and organization. The spacious laundry room doubles as a functional mudroom with a utility sink and built-in cubbies, while an oversized storage closet with custom shelving off one of the secondary bedrooms provides exceptional additional storage.

Outside, mature oak trees provide beautiful shade in both the front and backyard, where the private backyard backs to a tranquil greenbelt, creating a peaceful setting for relaxing or entertaining.

Located less than a mile from the neighborhood elementary and middle schools via Steiner Ranch's scenic trail system, this home also offers access to exceptional community amenities, including three resort-style pools, a community center, and miles of picturesque Hill Country hiking and biking trails. Exquisitely updated and truly move-in ready, this is a rare opportunity to own an exceptional home in one of Austin's most desirable master-planned communities.

At $316/sqft, this home is 19% 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

12816 Majestic Oaks Dr, Austin, TX 78732

Property Details

Price $825,000
Status Active Listing
Beds 5
Full Baths 3
Half Baths ,
Living Area 2,612 sqft
Lot Size 0.18 acres (7,762.39 sqft)
Year Built 1999
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Steiner Ranch Ph 01 Sec 05C
County Travis
Zip Code 78732
$/sqft $316/sqft
Days on Market ,
HOA $604/Semi-Annually
Annual Tax Est. $14,324.4
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT238830212
List Date July 6, 2026
Elementary School Laura Welch Bush
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 · July 6, 2026 $849,000
Current ask $825,000
Reduced $24,000 (-2.8%) 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
5013 Rob Scott St
Baker
$825,000 $306 4 bd / 4 ba 2,700 sqft , 2026-02-25
1023 Grassy Field Rd
Highpointe
$825,000 $250 4 bd / 4 ba 3,301 sqft , 2026-04-30
200 Navigator Dr
Highland Horizon Ph 02
$825,000 $275 4 bd / 3 ba 3,003 sqft , 2026-05-22
5210 Watusi Bnd
Steiner Ranch
$825,000 $256 4 bd / 3 ba 3,222 sqft , 2026-06-18
106 Princes Ct
Lakeway Highlands Ph 01 Sec 02
$825,000 $237 4 bd / 4 ba 3,487 sqft , 2026-06-11

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
$3,960/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
$165,000
20% conventional investment loan

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

Estimated Gross Rent+$3,960
Principal + Interest−$4,502
Property Tax (~2.1% TX avg)−$1,444
Insurance (~0.5%)−$344
Est. Monthly Cash Flow $-2,330

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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