Active Listing  ·  105 days on market

12903 Silver Creek Dr

Austin, TX 78727
$659,000
3 Bed 3 Bath 2,116 sqft $311/sqft Built 1985 0.29 acres 2-Car Garage Pool Northwood Sec 02

LENDER PAID RATE BUYDOWN AND CREDIT TOWARDS CLOSING COST WHERE QUALIFIED THROUGH OUR PREFERRED LENDER. VERY MOTIVATED SELLER.

Northwood Gem | Pool + Greenbelt | Minutes from Apple Campus & The Domain

Welcome to this stunning Northwood home, where modern updates meet resort like indoor-outdoor living. Backing to a serene greenbelt, this light-filled home features soaring ceilings, an open-concept layout, and luxury flooring throughout — designed for both everyday comfort and active entertaining.

The chef's kitchen impresses with stainless steel appliances, crisp white quartz countertops, a designer tile backsplash, and abundant cabinetry. The oversized master suite offers a true escape, complete with dual walk-in closets. Upstairs, a spacious game room with vaulted ceilings provides the perfect flex space for work, play, or movie nights.

Step outside to your own backyard paradise , a covered patio, sparkling blue in-ground pool, and lush green yard enclosed by a full privacy fence create a resort-like setting you'll never want to leave. And with no HOA, you have the freedom to enjoy it all on your own terms.

For added peace of mind, this home features a brand new roof and new HVAC system — major investments already done so you can move in with confidence.

Ideally located moments from Austin's Tech Corridor, The Domain's premier shopping and dining, and easy access to MoPac. This is Northwood living at its finest.

At $311/sqft, this home is 20% 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

12903 Silver Creek Dr, Austin, TX 78727

Property Details

Price $659,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 2,116 sqft
Lot Size 0.29 acres (12,440.74 sqft)
Year Built 1985
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Northwood Sec 02
County Travis
Zip Code 78727
$/sqft $311/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $12,595.1
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT207694967
List Date May 1, 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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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
12904 Trailwood Rd
Northwood
$659,900 $365 3 bd / 2 ba 1,809 sqft , 2026-05-06
3907 Skipton Dr
Milwood Sec 04
$599,900 $369 4 bd / 2 ba 1,627 sqft , 2026-05-07
12613 Palfrey Dr
Reserve At Northwood
$719,512 $269 4 bd / 3 ba 2,677 sqft , 2026-03-04
12212 Scribe Dr
Walnut Crossing Sec 01
$585,000 $338 3 bd / 2 ba 1,730 sqft , 2026-07-30
2316 N Shields Dr
Scofield Farms Ph 02 Sec 01
$579,999 $325 3 bd / 3 ba 1,783 sqft , 2026-07-08

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
$3,163/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
$131,800
20% conventional investment loan

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

Estimated Gross Rent+$3,163
Principal + Interest−$3,596
Property Tax (~2.1% TX avg)−$1,153
Insurance (~0.5%)−$275
Est. Monthly Cash Flow $-1,861

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 July 19, 2026.

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