Active Listing  ·  74 days on market

16000 Canberra Trl

Austin, TX 78728
$499,999
4 Bed 3 Bath 2,507 sqft $199/sqft Built 2016 0.18 acres 2-Car Garage Pool Raceway Single Family Sub Sec

Step inside to a bright and inviting open-concept floor plan filled with natural light and thoughtfully designed for both everyday living and effortless entertaining. The spacious living area flows seamlessly into the kitchen, where quartz countertops, stainless steel appliances, a large center island with bar seating, and a walk-in pantry create the perfect gathering space for family and friends. An adjacent dining area offers plenty of room for everything from casual weeknight dinners to holiday celebrations. Tucked away on the main level, a secondary bedroom and full bath provide flexibility for guests or a home office. Upstairs, a second living area creates additional space to relax, work, or play. The primary suite serves as a private retreat with a walk-in closet and an ensuite bath featuring a double vanity, a soaking tub, and a walk-in shower. Two additional bedrooms and a full bath complete the second floor. Outside, the large backyard and covered patio invite weekend barbecues, al fresco dining, and evenings spent enjoying the Texas weather. Residents enjoy access to neighborhood amenities, including a community pool and playground. Conveniently located in North Austin with easy access to major employers, this home is just minutes from shopping, dining, and entertainment at Round Rock Crossing, La Frontera Village, Round Rock Premium Outlets, Dell Diamond, Kalahari Resort, and Brushy Creek Regional Trail, offering endless opportunities for recreation close to home.

At $199/sqft, this home is 49% 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

16000 Canberra Trl, Austin, TX 78728

Property Details

Price $499,999
Status Active Listing
Beds 4
Full Baths 3
Half Baths ,
Living Area 2,507 sqft
Lot Size 0.18 acres (7,744.97 sqft)
Year Built 2016
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Raceway Single Family Sub Sec
County Travis
Zip Code 78728
$/sqft $199/sqft
Days on Market ,
HOA $125/Quarterly
Annual Tax Est. $7,640.52
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT231424304
List Date June 9, 2026
Elementary School Joe Lee Johnson
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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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
121 Kulmbacher Dr
Willow Trace
$499,900 $196 3 bd / 3 ba 2,554 sqft , 2026-04-27
3809 Talladega Trce
Silverstone
$499,900 $194 4 bd / 4 ba 2,578 sqft , 2026-08-06
15810 Celosia St
Preston Park Sec 3
$477,000 $227 4 bd / 3 ba 2,103 sqft , 2026-07-22
16100 Hawthorne Heights Trl
Raceway Single Family Sub Sec
$465,000 $192 4 bd / 3 ba 2,423 sqft , 2026-08-14
15413 Ozone Pl
Willow Run Sec 01
$464,700 $240 4 bd / 2 ba 1,940 sqft , 2024-06-21

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
$2,400/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
$100,000
20% conventional investment loan

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

Estimated Gross Rent+$2,400
Principal + Interest−$2,729
Property Tax (~2.1% TX avg)−$875
Insurance (~0.5%)−$208
Est. Monthly Cash Flow $-1,412

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 June 26, 2026.

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