About This Home

Vacant and ready for a quick close. You won't want to miss this lovely home with a huge bonus room in the highly desired Steiner Ranch subdivision. The large backyard backs to a canyon, a greenbelt and a walking trail. Enjoy the morning sunrise and amazing canyon view from the expansive rear deck. Upgrades include new quartz countertops, beautiful modern lighting fixtures, flooring, energy efficient windows and automated window dressings. This home offers spacious rooms on both levels.

At $240/sqft, this home is 39% 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

3917 Canyon Glen Cir, Austin, TX 78732

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Property Details

Price $587,000

Status Active Listing

Beds 4

Full Baths 2

Half Baths 1

Living Area 2,444 sqft

Lot Size 0.13 acres (5,501.63 sqft)

Year Built 1999

Garage 2 spaces

Stories ,

Type Residential · Single Family Residence

Subdivision Steiner Ranch

County Travis

Zip Code 78732

$/sqft $240/sqft

Days on Market ,

HOA $550/Annually

Annual Tax Est. ,

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT236405640

List Date June 20, 2026

Elementary School Steiner Ranch

Middle School Canyon Ridge

High School Vandegrift

School District ,

Have Questions About This Property?

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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 · June 20, 2026 $615,000

Previous ask $609,000

Current ask $587,000

▼ Reduced $28,000 (-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

3001 Centennial Olympic Park
Steiner Ranch Parkside $580,000 $225 4 bd / 3 ba 2,575 sqft , 2026-06-16

3009 Centennial Olympic Park
Steiner Ranch Parkside $565,000 $245 3 bd / 2 ba 2,307 sqft , 2026-07-01

3609 Latimer Dr
Steiner Ranch Ph 01 Sec 01 $549,900 $260 3 bd / 3 ba 2,115 sqft , 2026-07-30

3704 Caney Creek Rd
Steiner Ranch Ph 01 Sec 01 $539,000 $236 4 bd / 3 ba 2,282 sqft , 2026-08-07

12935 Brigham Dr
Steiner Ranch Ph 01 Sec 04E $649,500 $222 4 bd / 3 ba 2,920 sqft , 2026-06-02

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

$2,818/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

$117,400

20% conventional investment loan

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

Estimated Gross Rent+$2,818

Principal + Interest−$3,203

Property Tax (~2.1% TX avg)−$1,027

Insurance (~0.5%)−$245

Est. Monthly Cash Flow $-1,657

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

About the Author

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 →

3917 Canyon Glen Cir