Active Listing  ·  15 days on market

2612 W 12th St #1

Austin, TX 78703
$990,000
3 Bed 2 Bath 1,468 sqft $674/sqft Built 2013 0.04 acres 2-Car Garage Pool 12th Street Court Condo

When you enter the courtyard of this property you'll feel like you are in a secret garden. Seclusion surrounds this single story free standing unit. When you come inside you'll be delighted by the contemporary interior which includes tall ceilings, polished concrete floors, walls of windows and French doors, along with countless designer touches. The bedrooms and living room all look out onto the private patio with room for entertaining. The sleek chef's kitchen is ideal for making cozy meals at home or entertaining friends and family. You can eat at the breakfast bar or in the dining room. The large primary suite includes a spa like bathroom with large closet and walk in shower. Down the hallway are two other light filled bedrooms and bathroom. This unit includes 2 designated covered parking spaces. In close proximity are WAYA, Muny, HEB, Enfield Park and neighborhood restaurants. Easy access to MoPac and downtown. All of the neighborhood schools are close. Come see this special property!

At $674/sqft, this home is priced 73% above the Austin active market average of $390/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

2612 W 12th St #1, Austin, TX 78703

Property Details

Price $990,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,468 sqft
Lot Size 0.04 acres (1,925.35 sqft)
Year Built 2013
Garage 2 spaces
Stories ,
Type Residential · Condominium
Subdivision 12th Street Court Condo
County Travis
Zip Code 78703
$/sqft $674/sqft
Days on Market ,
HOA $736/Quarterly
Annual Tax Est. $19,258.37
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT251110191
List Date October 28, 2026
Elementary School Casis
Middle School O Henry
High School Austin
School District Austin ISD

Austin ISD

Casis · O Henry · Austin

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
2111 W 12TH St
Spear G W
$989,000 $644 3 bd / 2 ba 1,536 sqft , 2026-08-15
2100 Highgrove Ter
Royal Oak
$999,000 $550 3 bd / 2 ba 1,816 sqft , 2026-10-16
2111 W 10th St
Marlton Place Sec 02
$950,000 $679 3 bd / 2 ba 1,400 sqft , 2026-08-25
1621 Enfield Rd #E
Clarksville
$874,999 $476 3 bd / 4 ba 1,840 sqft , 2026-09-24
2810 Windsor Rd
Tarry Town 05
$870,000 $841 2 bd / 1 ba 1,035 sqft , 2026-09-11

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
$4,752/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
$198,000
20% conventional investment loan

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

Estimated Gross Rent+$4,752
Principal + Interest−$5,403
Property Tax (assumed ~2.1%)−$1,733
Insurance (assumed ~0.5%)−$413
Est. Monthly Cash Flow $-2,797

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 · 41 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. The written content was last updated on November 8, 2026.

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

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