Active Listing  ·  60 days on market

12914 Steeple Chase Dr

Austin, TX 78729
$352,250
3 Bed 2 Bath 1,157 sqft $304/sqft Built 1986 0.08 acres 2-Car Garage Pool Milwood Sec 28

PRICE REDUCED GREAT OPPORTUNITY! Prepare to fall in love with this terrific starter home that can also be a nice home if you are looking to downsize. Small but very cozy & private yard surrounded by trees & shubbery that helps home stay cool during our hot summer days. My favorite features? Gas range & water heater, No carpet for easy cleaning, Beautiful shade tree in the front yard makes for great street appeal, Updated bathrooms, Kitchen opens to dinning and to living area, Granite countertops, Living room with a fireplace, Conveniant Northwest Austin location, Elementary school is close by, Backyard deck is perfect to enhance your outdoor living space.

https://listingsong.com/song/js7d54pmftgkkqdbfc54yymwcn8dmxbx?t=a380474fd26dd4e52190bc1247c0e2c67952ae6bb8b6899b

At $304/sqft, this home is 22% 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

12914 Steeple Chase Dr, Austin, TX 78729

Property Details

Price $352,250
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,157 sqft
Lot Size 0.08 acres (3,428.17 sqft)
Year Built 1986
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Milwood Sec 28
County Williamson
Zip Code 78729
$/sqft $304/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $5,710.49
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT242904235
List Date August 9, 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 · August 9, 2026 $389,000
Previous ask $365,000
Current ask $352,250
▼ Reduced $36,750 (-9.4%) 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
12918 Humphrey Dr
Milwood Sec 28
$345,000 $254 3 bd / 3 ba 1,358 sqft , 2026-06-13
8509 Slant Oak Dr
Jolly Oaks
$365,000 $284 3 bd / 2 ba 1,283 sqft , 2026-08-15
12902 Modena Trl
Milwood
$335,000 $247 3 bd / 3 ba 1,358 sqft , 2026-07-24
7708 San Felipe Blvd #4
San Felipe Twnhms
$327,000 $218 2 bd / 2 ba 1,501 sqft , 2026-10-06
12613 Olympiad Dr
Milwood Sec 29
$379,900 $290 3 bd / 2 ba 1,312 sqft , 2026-07-10

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
$1,691/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
$70,450
20% conventional investment loan

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

Estimated Gross Rent+$1,691
Principal + Interest−$1,922
Property Tax (~2.1% TX avg)−$616
Insurance (~0.5%)−$147
Est. Monthly Cash Flow $-994

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 30, 2026.

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