Active Listing  ·  17 days on market

12903 Marimba Trl

Austin, TX 78729
$450,000
3 Bed 3 Bath 1,790 sqft $251/sqft Built 1989 0.10 acres 2-Car Garage Pool Milwood Sec 28

***OPEN HOUSE: Saturday Oct 10th 11AM-1PM***Properties like this don’t come along often - backing to a neighborhood-maintained greenbelt with amazing views! With the updates already completed - including the kitchen, bathrooms, lighting, and hard-surface flooring throughout - this move-in-ready home lets you settle in and enjoy the setting from day one. Regularly mowed grass and trimmed trees give the greenbelt a park-like feel right behind the home, with gorgeous views from several rooms and the spacious covered patio. Private gate access from your backyard connects you to a hike-and-bike trail leading to Rattan Creek Park, just a short walk away, with playgrounds, tennis and sports courts, and a Junior Olympic-sized pool open year-round. The floorplan makes entertaining easy, with formal living and dining areas downstairs and a huge covered patio overlooking the scenic backyard. Upstairs, a second living area provides plenty of room for a media or game room. The neighborhood offers impeccably maintained amenities, along with a vibrant community hosting events throughout the year. Zoned to excellent Round Rock ISD schools, with Pond Springs Elementary just a few blocks away, the home also puts you in the heart of NW Austin’s tech corridor - just one mile from Apple’s new campus and only 10 minutes from Austin’s second downtown, The Domain. Enjoy the energy and convenience of city living with room to breathe, peaceful greenbelt views, and nature right outside your back gate! ****This property qualifies for 1% loan credit- inquire for details!*******

At $251/sqft, this home is 36% 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

12903 Marimba Trl, Austin, TX 78729

Property Details

Price $450,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 1,790 sqft
Lot Size 0.10 acres (4,203.54 sqft)
Year Built 1989
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Milwood Sec 28
County Williamson
Zip Code 78729
$/sqft $251/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $6,404.85
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT247502071
List Date September 21, 2026
Elementary School Pond Springs
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.

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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 · September 21, 2026 $450,000
Previous ask $465,000
Current ask $450,000
▲ Increased , (+0.0%) 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
6901 Bancroft Woods Dr
Bancroft Woods
$449,000 $223 3 bd / 2 ba 2,013 sqft , 2026-09-06
13126 Greybull Trl
Milwood Sec 26A
$439,999 $307 3 bd / 2 ba 1,433 sqft , 2026-09-01
13517 Bolivia Dr
Milwood Sec 36
$435,000 $263 3 bd / 2 ba 1,657 sqft , 2026-08-26
12515 Deer Falls Dr
Hunters Chase Sec 02
$429,000 $250 3 bd / 2 ba 1,713 sqft , 2026-06-09
7601 Windrush Dr
Milwood
$425,000 $244 3 bd / 3 ba 1,744 sqft , 2026-05-22

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
$2,160/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
$90,000
20% conventional investment loan

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

Estimated Gross Rent+$2,160
Principal + Interest−$2,456
Property Tax (~2.1% TX avg)−$788
Insurance (~0.5%)−$188
Est. Monthly Cash Flow $-1,272

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 8, 2026.

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