Active Listing  ·  108 days on market

12903 Steeple Chase Dr

Austin, TX 78729
$375,000
4 Bed 3 Bath 1,740 sqft $216/sqft Built 1990 0.09 acres 2-Car Garage Pool Milwood Sec 28

Discover a beautifully remodeled 4-bedroom, 2.5-bath home in the highly sought-after Rattan Creek community of Northwest Austin. Ideally located just about a mile from the Apple Campus, this home offers both convenience and lifestyle.

Step inside to an inviting open floor plan. The updated kitchen shines with freshly painted white cabinetry, granite countertops, a classic subway tile backsplash, stainless steel appliances, and a breakfast bar—perfect for everyday living and entertaining.

Recent upgrades include complete interior and exterior paint, durable vinyl plank flooring throughout the main level, new carpet upstairs, updated lighting and ceiling fans, and a freshly painted garage. All bathrooms feature granite countertops, adding a cohesive, upscale touch throughout the home.

Outside, mature trees provide abundant shade in both the front and backyard, creating a peaceful retreat from the Texas sun. The private, fenced backyard includes a patio ideal for relaxing or hosting gatherings.

Residents of Rattan Creek enjoy exceptional community amenities, including a park, hike-and-bike trails, and access to a vibrant neighborhood center with a heated junior Olympic pool, pickleball and tennis courts, sport courts, playgrounds, and a full calendar of events. The home is also zoned to a highly rated RRISD elementary school.

With quick access to major employers and just minutes from premier shopping, dining, and entertainment at The Domain, this home truly offers the best of Northwest Austin living.

At $216/sqft, this home is 45% 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 Steeple Chase Dr, Austin, TX 78729

Property Details

Price $375,000
Status Active Listing
Beds 4
Full Baths 2
Half Baths 1
Living Area 1,740 sqft
Lot Size 0.09 acres (3,894.26 sqft)
Year Built 1990
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Milwood Sec 28
County Williamson
Zip Code 78729
$/sqft $216/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $7,225.09
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT226861850
List Date April 18, 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.

Schedule a Call →

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
405 Thistlewood Dr
Community Fairview Sec 04
$375,000 $184 4 bd / 2 ba 2,037 sqft , 2025-12-13
102 Skyloop Dr
Buckingham Ridge Sec 01
$375,000 $262 3 bd / 2 ba 1,433 sqft , 2026-03-26
4913 Single Shot #A Cir
Fort View Hills Sec 01
$375,000 $310 3 bd / 2 ba 1,209 sqft , 2025-06-05
2306 Alimony Cv
Scofield Farms Ph 02 Sec 01
$375,000 $272 3 bd / 2 ba 1,377 sqft , 2026-04-13
9314 Cattle Baron Path
Goodnight Ranch
$375,000 $245 3 bd / 3 ba 1,533 sqft , 2025-12-03

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
$1,800/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
$75,000
20% conventional investment loan

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

Estimated Gross Rent+$1,800
Principal + Interest−$2,047
Property Tax (~2.1% TX avg)−$656
Insurance (~0.5%)−$156
Est. Monthly Cash Flow $-1,059

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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