Active Listing  ·  78 days on market

457 Santaluz Ln

Austin, TX 78732
$1,475,000
5 Bed 7 Bath 5,185 sqft $284/sqft Built 2011 0.57 acres 3-Car Garage Pool Steiner Ranch, River Dance Ph 05

In one of Steiner Ranch’s most exclusive gated communities, this remarkable home in Santaluz offers sweeping panoramic views of the Balcones Canyonland Preserve and a peaceful setting surrounded by greenbelt on three sides. Set on over half an acre, it delivers refined style, generous space, and everyday comfort in the heart of Northwest Austin. Inside, soaring ceilings and hand-scraped hardwood floors set a warm and inviting tone. The living room is bathed in natural light, with a striking floor-to-ceiling fireplace and views of the rolling hills beyond. Just off the foyer, a private study with built-in bookshelves and custom blinds provides the ideal spot to focus or unwind. The gourmet kitchen is thoughtfully appointed with quartzite countertops/backsplash, commercial-grade appliances, custom cabinetry, and a sunlit breakfast nook. Tucked away on the main floor, the owner’s suite is a true retreat—spacious and serene, with spa-like features that make it feel like a personal sanctuary. A second bedroom on the main level is perfect for guests, offering both comfort and privacy. Upstairs are three additional bedroom suites, each with its own charm and style. A fully equipped media room offers the perfect setup for movie nights, while the versatile loft can be used as a family room, playroom, game area, or whatever suits your needs. Step outside to take in the expansive patios and backyard designed for entertaining or relaxing in peace. With room to host, dine, or simply enjoy the surrounding landscape, this outdoor space completes the picture. Steiner Ranch residents enjoy access to incredible amenities—parks, scenic trails, resort-style pools, and lakeside fun. This is more than just a home—it’s a gateway to one of Austin’s most desirable communities. Just minutes from Lake Austin and the UT Golf Club, and part of the acclaimed Leander ISD. Call today to schedule your private showing before it’s gone.

At $284/sqft, this home is 28% 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

457 Santaluz Ln, Austin, TX 78732

Property Details

Price $1,475,000
Status Active Listing
Beds 5
Full Baths 5
Half Baths 2
Living Area 5,185 sqft
Lot Size 0.57 acres (24,955.52 sqft)
Year Built 2011
Garage 3 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Steiner Ranch, River Dance Ph 05
County Travis
Zip Code 78732
$/sqft $284/sqft
Days on Market ,
HOA $579/Semi-Annually
Annual Tax Est. $26,060.96
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT238430152
List Date July 7, 2026
Elementary School River Ridge
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.

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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 7, 2026 $1,499,000
Current ask $1,475,000
Reduced $24,000 (-1.6%) 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
1418 Morning Moon Cir
Steiner Ranch
$1,450,000 $285 4 bd / 5 ba 5,095 sqft , 2026-08-05
309 Santaluz Ln
River Dance Ph 05
$1,350,000 $322 5 bd / 6 ba 4,187 sqft , 2026-09-11
505 Horseback Holw
Steiner Ranch Ph 01 Sec 09
$1,195,000 $295 4 bd / 4 ba 4,053 sqft , 2026-07-31
10804 Rush Rd #2
Baldwins Point Resub (Steiner Ranch)
$1,135,000 $322 4 bd / 4 ba 3,523 sqft , 2026-08-07
12013 Palisades Pkwy
Steiner Ranch Ph 6-B
$1,130,000 $248 4 bd / 4 ba 4,558 sqft , 2025-11-12

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
$7,080/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
$295,000
20% conventional investment loan

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

Estimated Gross Rent+$7,080
Principal + Interest−$8,050
Property Tax (~2.1% TX avg)−$2,581
Insurance (~0.5%)−$615
Est. Monthly Cash Flow $-4,166

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 6, 2026.

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