Active Listing  ·  72 days on market

3803 Caney Creek Rd

Austin, TX 78732
$520,500
3 Bed 3 Bath 1,972 sqft $264/sqft Built 1994 0.15 acres 2-Car Garage Pool Steiner Ranch Ph 01 Sec 01

This two-story home is 1,972 sf, designed to maximize comfort and functionality. All 3 bedrooms, 2 full bathrooms & laundry room are conveniently upstairs, Discover a unique opportunity to embrace the Austin-Lake Travis lifestyle , at this Steiner Ranch address.This lovely home offers a cozy blend of spacious living w/soaring ceilings in the entry, tons of natural light throughout. The entire main floor is open into the dining, living and kitchen. Great storage in kitchen cabinets, center island has been freshly painted. Room downstairs can be used as a toy room, office or guest bedroom. Master bedroom is open and spacious, allowing for separate seating area for relaxation. Master bath has gray/white marbled tile surround. The other two bedrooms upstairs connect via shared full bath. All windows replaced in 2018. Seller is improving front yard.

The backyard complements the home offering possibilities for gardening, entertaining, or simply unwinding. Above ground hot tub needs repairs and will convey with the home if the Buyer wants. This original Steiner Ranch neighborhood combines the allure of natural beauty walking trails, with the benefits of community living, including swimming pools, several parks, tennis courts, sand volleyball, pickle ball courts and the UT Golf Course, making it a truly desirable place to reside.

At $264/sqft, this home is 32% 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

3803 Caney Creek Rd, Austin, TX 78732

Property Details

Price $520,500
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 1,972 sqft
Lot Size 0.15 acres (6,490.44 sqft)
Year Built 1994
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Steiner Ranch Ph 01 Sec 01
County Travis
Zip Code 78732
$/sqft $264/sqft
Days on Market ,
HOA $490/Semi-Annually
Annual Tax Est. $9,930.71
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT238977176
List Date September 1, 2026
Elementary School Steiner Ranch
Middle School Canyon Ridge
High School Vandegrift
School District Leander ISD

Leander ISD

Steiner Ranch · 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 · September 1, 2026 $522,500
Current ask $520,500
▼ Reduced $2,000 (-0.4%) 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
3101 Persimmon Valley Trl
Steiner Ranch Phase 1 Section 5C
$529,900 $240 3 bd / 2 ba 2,206 sqft , 2026-10-14
3001 Centennial Olympic Park
Steiner Ranch Parkside
$530,000 $206 4 bd / 3 ba 2,575 sqft , 2026-09-25
2805 Centennial Olympic Park
Steiner Ranch Parkside
$499,990 $265 3 bd / 2 ba 1,890 sqft , 2026-08-22
3609 Latimer Dr
Steiner Ranch Ph 01 Sec 01
$549,899 $260 3 bd / 3 ba 2,115 sqft , 2026-07-30
2904 Centennial Olympic Park
Steiner Ranch Parkside
$550,000 $248 3 bd / 2 ba 2,216 sqft , 2026-07-23

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
$2,498/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
$104,100
20% conventional investment loan

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

Estimated Gross Rent+$2,498
Principal + Interest−$2,841
Property Tax (assumed ~2.1%)−$911
Insurance (assumed ~0.5%)−$217
Est. Monthly Cash Flow $-1,471

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 3, 2026.

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

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