Active Listing  ·  100 days on market

12904 Trailwood Rd

Austin, TX 78727
$659,900
3 Bed 2 Bath 1,809 sqft $365/sqft Built 1975 0.21 acres 2-Car Garage Pool Northwood

Architect-designed and thoughtfully renovated and maintained, this Northwood ranch is unlike anything else in the area, featuring a newly built detached studio that adds exceptional flexibility to the property - a rare feature that transforms the way the home lives. Bathed in natural light and finished with French oak flooring and a cedar plank ceiling, the studio is ideal as a home office, creative space, workshop, or private gym. At the heart of the main residence is a spacious contemporary kitchen with commercial-grade stainless steel countertops, an integrated wine refrigerator, and an oversized island with generous storage. Vaulted ceilings, skylights, red oak wrapped beams, and a dramatic stone fireplace create an open, light-filled living space that is both architecturally striking and inviting. Thoughtful improvements throughout the home include fresh interior paint, a 2024 full roof replacement, designer lighting, custom built-in millwork, and durable Luxury Vinyl Plank flooring. The primary suite offers a generous walk-in closet with custom organizers and a beautifully remodeled bath featuring slate flooring, a double vanity, and premium finishes. Beyond the three main bedrooms, a dedicated bonus room provides flexible space for a playroom, library, or office. Outside, an expansive recently built deck overlooks low-maintenance xeriscaping, pet-friendly synthetic turf, and a modern horizontal privacy fence, all set beneath towering mature trees that create a peaceful backyard retreat. Located in a quiet, established neighborhood with convenient access to MoPac, Parmer Lane, and Loop 360, the home is just minutes from The Domain, Q2 Stadium, and major employers. Zoned to top rated Summit Elementary and Anderson High School, this home offers a rare combination of original architectural character, thoughtful renovations, and versatile living spaces that are increasingly difficult to find.

At $365/sqft, this home is 7% 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

12904 Trailwood Rd, Austin, TX 78727

Property Details

Price $659,900
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,809 sqft
Lot Size 0.21 acres (9,191.16 sqft)
Year Built 1975
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Northwood
County Travis
Zip Code 78727
$/sqft $365/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT228503042
List Date May 6, 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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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 · May 6, 2026 $700,000
Previous ask $675,000
Current ask $659,900
Reduced $40,100 (-5.7%) 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
12903 Silver Creek Dr
Northwood Sec 02
$659,000 $311 3 bd / 3 ba 2,116 sqft , 2026-05-01
3802 Hawkshead Dr
Milwood Sec 04
$635,000 $335 4 bd / 2 ba 1,895 sqft , 2026-05-31
3907 Skipton Dr
Milwood Sec 04
$599,900 $369 4 bd / 2 ba 1,627 sqft , 2026-05-07
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
$3,168/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
$131,980
20% conventional investment loan

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

Estimated Gross Rent+$3,168
Principal + Interest−$3,601
Property Tax (~2.1% TX avg)−$1,155
Insurance (~0.5%)−$275
Est. Monthly Cash Flow $-1,863

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 3, 2026.

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