Active Listing  ·  109 days on market

2000 Rio Mesa Dr

Austin, TX 78732
$1,145,000
4 Bed 4 Bath 3,890 sqft $294/sqft Built 2005 0.25 acres 3-Car Garage Pool Steiner Ranch Ph 01 Sec 8e

A truly stunning home in the highly sought-after Steiner Ranch community, zoned to top-rated schools. This beautifully designed residence offers four spacious bedrooms, 3.5 bathrooms, a formal dining room, and a three-car garage- blending comfort, functionality, and style throughout. Ideally located within a short walking distance to the elementary and middle schools, as well as parks, tennis courts, and the community center.

An elegant foyer welcomes you into the home, leading to an expansive layout highlighted by soaring ceilings and abundant natural light. The heart of the home is a well-appointed, modern kitchen featuring rich maple wood cabinetry, a premium

The main-level primary suite serves as a private retreat, complete with a cozy sitting area, while a dedicated study offers an ideal work-from-home space.

6-burner Viking range, and quality finishes throughout—opening seamlessly to the great room for easy everyday living and entertaining.

Upstairs, enjoy a versatile flex space with direct access to a private balcony—perfect for a game room, media area, or extended workspace, astudy nook—while taking in the breathtaking sunset views, also visible from the back porch below. Three additional generously sized bedrooms and two full bathrooms complete the upper level.

Step outside to exceptional outdoor living, featuring a covered patio, a sparkling pool, and beautifully landscaped surroundings—all designed to maximize enjoyment of the serene setting and stunning sunset backdrop. Additional highlights include custom built-ins, multiple living areas, art niches, and rich wood and tile flooring that add warmth and sophistication throughout

At $294/sqft, this home is 25% 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

2000 Rio Mesa Dr, Austin, TX 78732

Property Details

Price $1,145,000
Status Active Listing
Beds 4
Full Baths 3
Half Baths 1
Living Area 3,890 sqft
Lot Size 0.25 acres (10,846.44 sqft)
Year Built 2005
Garage 3 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Steiner Ranch Ph 01 Sec 8e
County Travis
Zip Code 78732
$/sqft $294/sqft
Days on Market ,
HOA $700/Annually
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT225797408
List Date April 17, 2026
Elementary School Laura Welch Bush
Middle School Canyon Ridge
High School Cedar Park
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 →

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
13 Borello Dr
Villas At Flintrock Sec 2 Condo
$1,149,000 $392 4 bd / 3 ba 2,928 sqft , 2026-06-11
14020 Lakeview Dr
Comanche Trail 02
$1,150,000 $397 3 bd / 3 ba 2,895 sqft , 2026-01-19
12013 Palisades Pkwy
Steiner Ranch Ph 6-B
$1,150,000 $252 4 bd / 4 ba 4,558 sqft , 2025-11-12
13423 Trail Driver None
Big Country Sec 5
$1,150,000 $334 5 bd / 5 ba 3,441 sqft , 2026-03-27
1917 Lakecliff Hills Ln
Steiner Ranch Ph 01 Sec 10b
$1,150,000 $293 5 bd / 4 ba 3,920 sqft , 2026-04-17

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
$5,496/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
$229,000
20% conventional investment loan

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

Estimated Gross Rent+$5,496
Principal + Interest−$6,249
Property Tax (~2.1% TX avg)−$2,004
Insurance (~0.5%)−$477
Est. Monthly Cash Flow $-3,234

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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