Active Listing  ·  12 days on market

12905 Little Dipper Path

Austin, TX 78732
$995,000
4 Bed 4 Bath 3,496 sqft $285/sqft Built 2007 0.23 acres 3-Car Garage Pool Steiner Ranch Ph 01 Sec 7A

Located on a quiet street in the Summer Vista section of Steiner Ranch, this thoughtfully updated home offers easy access to neighborhood schools (zoned to Leander ISD and the Vandegrift HS feeder pattern), numerous community amenities and more than 20 miles of scenic hike-and-bike trails. Inside, an open floor plan and flexible layout are enhanced by updated luxury vinyl plank flooring and soft carpet, neutral paint, updated fixtures and distinctive design touches - in particular, beautifully crafted custom sliding doors at the private home office. Cathedral ceilings and a wall of windows fill the family room with natural light, while the kitchen offers extensive cabinetry and counter space, a colorful center island, a built-in desk station, stainless appliances, and a 10-stage in-counter water-filtration system. The main-level primary suite provides a quiet retreat and has a custom-designed walk-in closet featuring built-in cabinetry, shelving, drawers and dedicated shoe storage. Upstairs you will find three generously sized secondary bedrooms and a versatile bonus room. Outside, the resort-style pool and hot tub - built in 2024 - feature low-chlorine UV-light sanitization, wireless controls, a tanning ledge, swim-up bar seating and a heater AND chiller for extended year-round enjoyment. A covered outdoor patio provides shade and additional yard space completes the backyard. Improvements go well beyond the surface, with a brand new roof installed on 09/11/2026, both HVAC systems replaced in 2022 and 2023, and one water heater replaced in 2022. Smart-home technology controls select light switches, LED lighting in kitchen cabinets, thermostats, the garage door and pool features (pump, lights, and the pool chiller and heater). A three-car tandem garage with epoxy flooring, overhead storage and a Level 2 EV charger adds even more functionality. Updated, connected and designed for everyday living and entertaining - this home is ready for you to enjoy!

At $285/sqft, this home is 27% below the Austin active market average of $393/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

12905 Little Dipper Path, Austin, TX 78732

Property Details

Price $995,000
Status Active Listing
Beds 4
Full Baths 3
Half Baths 1
Living Area 3,496 sqft
Lot Size 0.23 acres (9,940.39 sqft)
Year Built 2007
Garage 3 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Steiner Ranch Ph 01 Sec 7A
County Travis
Zip Code 78732
$/sqft $285/sqft
Days on Market ,
HOA $603/Semi-Annually
Annual Tax Est. $16,025.67
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT245568607
List Date September 10, 2026
Elementary School Laura Welch Bush
Middle School Canyon Ridge
High School Vandegrift
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
13500 Coleto Creek Trl
Steiner Ranch Ph 01 Sec 06F
$999,000 $231 5 bd / 6 ba 4,326 sqft , 2026-06-12
13300 Bright Sky Overlook None
Steiner Ranch Ph 01 Sec 7A
$1,075,000 $316 5 bd / 3 ba 3,400 sqft , 2026-08-27
12804 Wooded Lake Ct
Steiner Ranch
$1,099,000 $312 5 bd / 4 ba 3,527 sqft , 2026-06-18
2605 Shire Ridge Dr
Steiner Ranch Ph 01 Sec 06D
$885,000 $274 4 bd / 4 ba 3,225 sqft , 2026-07-29
2900 Grimes Ranch Rd
Steiner Ranch Ph 01 Sec 05A
$849,000 $275 4 bd / 3 ba 3,088 sqft , 2026-09-18

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
$4,776/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
$199,000
20% conventional investment loan

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

Estimated Gross Rent+$4,776
Principal + Interest−$5,430
Property Tax (~2.1% TX avg)−$1,741
Insurance (~0.5%)−$415
Est. Monthly Cash Flow $-2,810

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 September 20, 2026.

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