Active Listing  ·  118 days on market

1600 Morning Moon Cir

Austin, TX 78732
$1,250,000
5 Bed 5 Bath 5,162 sqft $242/sqft Built 2017 0.34 acres 3-Car Garage Pool McCormick Ranch On Lake Austin

Living in The Grove at Steiner Ranch | Private Courtyard • Greenbelt Views • Detached Casita

Experience refined living in the gated enclave of The Grove at Steiner Ranch, where timeless design meets modern comfort in one of Austin’s most desirable communities.

From the moment you arrive, a private courtyard with a cozy outdoor fireplace sets a warm and elegant tone—creating a rare sense of privacy and indoor-outdoor living that defines this exceptional home.

At the heart of the residence, the chef’s kitchen showcases premium stainless steel appliances, custom cabinetry, and sleek quartz countertops, seamlessly flowing into open living and dining spaces designed for both everyday living and entertaining.

The primary suite offers a true retreat, featuring soaring ceilings, a relaxing sitting area with backyard views, and a spa-inspired bath with dual vanities, soaking tub, and a generous walk-in closet.

Upstairs, three spacious en-suite bedrooms provide comfort and privacy for family or guests, complemented by a game room with covered balcony overlooking the greenbelt, a dedicated media room, and a flexible workspace nook.

A rare and highly versatile detached casita with private garage offers endless possibilities—ideal for guests, multigenerational living, or a private office.

Step outside to an entertainer’s backyard, featuring a covered patio and fully equipped outdoor kitchen with built-in grill, refrigerator, and sink, all set against peaceful greenbelt surroundings.

Located in a gated community with top-rated schools and convenient access to Lake Austin lifestyle amenities, this home blends privacy, elegance, and functionality in a truly exceptional setting.

Now positioned at a compelling new price—this is an opportunity not to miss. Schedule your private showing today.

At $242/sqft, this home is 38% 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

1600 Morning Moon Cir, Austin, TX 78732

Property Details

Price $1,250,000
Status Active Listing
Beds 5
Full Baths 4
Half Baths 1
Living Area 5,162 sqft
Lot Size 0.34 acres (14,941.08 sqft)
Year Built 2017
Garage 3 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision McCormick Ranch On Lake Austin
County Travis
Zip Code 78732
$/sqft $242/sqft
Days on Market ,
HOA $892/Semi-Annually
Annual Tax Est. $22,265.42
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT224999406
List Date April 8, 2026
Elementary School River Ridge
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.

Schedule a Call →

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 · April 8, 2026 $1,750,000
Previous ask $1,390,000
Current ask $1,250,000
Reduced $500,000 (-28.6%) 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
810 Crestone Stream Dr
Serene Hills Sub Ph 2E
$1,250,000 $363 5 bd / 4 ba 3,444 sqft , 2026-06-12
16213 Rockies Run Smt
Falconhead West Ph 1 Sec 2 &
$1,249,000 $277 4 bd / 4 ba 4,517 sqft , 2026-06-05
640 Bird Holw
Parten
$1,255,907 $281 5 bd / 8 ba 4,467 sqft , 2026-07-11
214 Bird Bath Bnd
Parten
$1,218,030 $328 4 bd / 6 ba 3,709 sqft , 2026-07-10
10102 Grand Teton Ct
Great Hills Sec 10
$1,295,000 $328 5 bd / 5 ba 3,954 sqft , 2026-05-25

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
$6,000/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
$250,000
20% conventional investment loan

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

Estimated Gross Rent+$6,000
Principal + Interest−$6,822
Property Tax (~2.1% TX avg)−$2,188
Insurance (~0.5%)−$521
Est. Monthly Cash Flow $-3,531

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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