Active Listing  ·  12 days on market

3411 Latimer Dr

Austin, TX 78732
$650,000
3 Bed 3 Bath 2,529 sqft $257/sqft Built 1994 0.14 acres 3-Car Garage Pool Steiner Ranch Ph 01 Sec 01

Prepare to fall in love with a home where stunning design, exceptional outdoor living, and the best of the Steiner Ranch lifestyle come together. From the moment you arrive, the mature landscaping, lush lawn, stone accents, and welcoming entry create an impressive first impression. Inside, the bright and open layout offers a versatile flex space just off the entry, perfect for a sitting area, playroom, or additional living space. The kitchen is truly the heart of the home, featuring abundant cabinetry, open shelving, custom built-ins, a large island, and an easy connection to the dining and living areas. The spacious living room features a cozy fireplace and large windows overlooking the beautifully landscaped backyard. Upstairs, a versatile game or flex room provides even more room to spread out and is ideal for movie nights, a home office, playroom, or additional entertaining space. Step outside to an exceptional backyard designed for enjoying the Texas lifestyle, complete with an expansive stone patio, pergola, built-in seating, outdoor grilling area, mature trees, and beautiful landscaping—an ideal setting for morning coffee, weekend gatherings, or relaxing outdoors. A 3-car garage, new upstairs HVAC unit, and new water heater provide valuable updates and added peace of mind. Located in Steiner Ranch, residents enjoy an impressive array of amenities including multiple community centers and pools, tennis courts, parks, sports fields, trails, and Lake Club access on Lake Austin. With scenic trails, abundant recreational opportunities, and the natural beauty of the Hill Country all around, this home offers the space, setting, and lifestyle you've been looking for.

At $257/sqft, this home is 35% below the Austin active market average of $393/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

3411 Latimer Dr, Austin, TX 78732

Property Details

Price $650,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 2,529 sqft
Lot Size 0.14 acres (5,963.36 sqft)
Year Built 1994
Garage 3 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Steiner Ranch Ph 01 Sec 01
County Travis
Zip Code 78732
$/sqft $257/sqft
Days on Market ,
HOA $960/Annually
Annual Tax Est. $12,614.96
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT219782389
List Date September 11, 2026
Elementary School Steiner Ranch
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 →

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
12935 Brigham Dr
Steiner Ranch Ph 01 Sec 04E
$649,500 $222 4 bd / 3 ba 2,920 sqft , 2026-06-02
4104 Seldalia Trl
Steiner Ranch Ph 02 Sec 04D
$659,000 $228 4 bd / 3 ba 2,892 sqft , 2025-09-18
2845 Lantana Ridge Dr
Steiner Ranch Ph 01 Sec 05A
$664,900 $237 4 bd / 3 ba 2,802 sqft , 2026-08-01
2409 Golden Gate Park
Steiner Ranch Parkside
$665,000 $253 3 bd / 3 ba 2,627 sqft , 2026-04-24
12629 Lee Park Ln
Steiner Ranch Parkside
$624,000 $246 4 bd / 3 ba 2,533 sqft , 2026-07-31

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
$3,120/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
$130,000
20% conventional investment loan

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

Estimated Gross Rent+$3,120
Principal + Interest−$3,547
Property Tax (~2.1% TX avg)−$1,138
Insurance (~0.5%)−$271
Est. Monthly Cash Flow $-1,836

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 September 13, 2026.

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