Active Listing  ·  73 days on market

12900 Michelangelo St

Austin, TX 78729
$399,000
3 Bed 3 Bath 2,270 sqft $176/sqft Built 2018 0.04 acres 2-Car Garage Pool Arbors at Turtle Rock

Seller willing to pay 6 months of advance HOA dues with an acceptable offer. Located in North Austin, 12900 Michelangelo offers a spacious and functional layout with 20’ ceilings and an open-concept kitchen, living, and dining area—ideal for both everyday living and entertaining. Interior highlights include wood flooring, a convenient main floor powder room, and abundant natural light from numerous windows throughout.

The kitchen is well-appointed with stainless steel appliances, quartz countertops, an eat-in dining area, and a large pantry. Refrigerator conveys.

The main-floor primary suite provides a private retreat with a walk-in closet, dual vanities, and a walk-in shower. Upstairs features two additional bedrooms, a full bathroom, a versatile loft space perfect for a home office or game room, and a dedicated media/theater room.

Situated on a desirable corner lot, this home offers a private fenced backyard with an open patio—great for relaxing or entertaining year-round.

Conveniently located near major employers and everyday essentials, you’re approximately 3.5 miles to The Domain for premier shopping, dining, and nightlife, about 2.5 miles to H-E-B, and under 4 miles to The Arboretum. Commuters will appreciate easy access to Mopac and Parmer Lane, with Q2 Stadium just around 4 miles away and major tech campuses like Apple and Dell nearby.

This location combines comfort, convenience, and accessibility in one of North Austin’s most sought-after areas.

At $176/sqft, this home is 55% below the Austin active market average of $390/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

12900 Michelangelo St, Austin, TX 78729

Property Details

Price $399,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 2,270 sqft
Lot Size 0.04 acres (1,603.01 sqft)
Year Built 2018
Garage 2 spaces
Stories ,
Type Residential · Condominium
Subdivision Arbors at Turtle Rock
County Williamson
Zip Code 78729
$/sqft $176/sqft
Days on Market ,
HOA $450/Monthly
Annual Tax Est. $8,272
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT229943594
List Date June 2, 2026
Elementary School Live Oak
Middle School Deerpark
High School McNeil
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.

Schedule a Call →

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 2, 2026 $419,000
Previous ask $409,000
Current ask $399,000
Reduced $20,000 (-4.8%) 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
9714 Copper Creek Dr
Anderson Mill Village South
$399,000 $185 3 bd / 3 ba 2,155 sqft , 2026-02-02
9511 Meadowheath Dr
Forest North Estates Ph 2
$399,000 $265 4 bd / 2 ba 1,504 sqft , 2026-01-31
9733 Anderson Village Dr
Anderson Mill Village
$395,000 $248 3 bd / 2 ba 1,591 sqft , 2026-06-16
9709 Moorberry St
Anderson Mill Village
$405,000 $245 4 bd / 2 ba 1,651 sqft , 2026-08-07
12610 Dove Valley Trl
HUNTERS CHASE SEC 2
$390,000 $215 3 bd / 2 ba 1,812 sqft , 2026-06-22

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
$1,915/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
$79,800
20% conventional investment loan

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

Estimated Gross Rent+$1,915
Principal + Interest−$2,178
Property Tax (~2.1% TX avg)−$698
Insurance (~0.5%)−$166
Est. Monthly Cash Flow $-1,127

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 August 13, 2026.

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