Active Listing  ·  119 days on market

313 El Socorro Ln

Austin, TX 78732
$599,000
5 Bed 3 Bath 2,616 sqft $229/sqft Built 2007 0.18 acres 2-Car Garage Pool Steiner Ranch

*THE BEST PRICE IN STEINER RANCH FOR A MOVE-IN READY HOME* *NEW ROOF** COMPLETELY REMODELED* Two-minute walk from River Ridge Elementary! This 5-bedroom home has been meticulously reimagined with high-end finishes, featuring brand-new Luxury Vinyl Plank flooring throughout the main level, fresh interior paint, and designer lighting. The gourmet kitchen is a chef’s dream, boasting freshly updated cabinetry, premium stainless steel appliances, and a functional center island that opens to a bright breakfast area and an elevated private deck. All bathrooms have been completely renovated, featuring modern tile work, new cabinetry, and upgraded fixtures, including a spa-like primary retreat with a frameless glass shower and a deep-soaking tub. With five spacious bedrooms, two versatile living areas, and a lush, tree-filled backyard offering ultimate privacy, this home provides the perfect blend of contemporary style and Hill Country comfort within the top-rated Leander ISD schools.

At $229/sqft, this home is 41% below the Austin active market average of $390/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

313 El Socorro Ln, Austin, TX 78732

Property Details

Price $599,000
Status Active Listing
Beds 5
Full Baths 3
Half Baths ,
Living Area 2,616 sqft
Lot Size 0.18 acres (7,927.92 sqft)
Year Built 2007
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Steiner Ranch
County Travis
Zip Code 78732
$/sqft $229/sqft
Days on Market ,
HOA $403.83/Semi-Annually
Annual Tax Est. $11,738.69
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT239719931
List Date July 16, 2026
Elementary School River Ridge
Middle School Canyon Ridge
High School Vandegrift
School District Leander ISD

Leander ISD

River Ridge · Canyon Ridge · Vandegrift

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 · July 16, 2026 $628,000
Previous ask $619,000
Current ask $599,000
▼ Reduced $29,000 (-4.6%) 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
1017 Horseback Holw
Steiner Ranch Ph 01 Sec 09
$640,000 $210 4 bd / 3 ba 3,049 sqft , 2026-07-10
1308 Sawdust Ct
Steiner Ranch Ph 01 Sec 09
$679,000 $247 4 bd / 3 ba 2,750 sqft , 2026-08-24
12529 Rush Creek Ln
Steiner Ranch Ph 01 Sec 09
$719,000 $230 4 bd / 4 ba 3,125 sqft , 2026-07-27
12724 Rush Creek Ln
Steiner Ranch Ph 01 Sec 09
$750,000 $235 4 bd / 4 ba 3,185 sqft , 2026-06-11
12213 Montclair Bnd
River Dance Ph 6A
$750,000 $247 4 bd / 4 ba 3,033 sqft , 2026-10-06

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
$2,875/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
$119,800
20% conventional investment loan

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

Estimated Gross Rent+$2,875
Principal + Interest−$3,269
Property Tax (assumed ~2.1%)−$1,048
Insurance (assumed ~0.5%)−$250
Est. Monthly Cash Flow $-1,692

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 7, 2026.

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

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