38
Map
$1,075,000
●
House -
In Contract
11937 Portobella DR
Austin, TX 78732
5 Beds
3 Baths,
1
Half Bath
3,150 Ft²
$6,978
Est. Monthly
$490
HOA / Fees
About This Property
Set on a greenbelt lot in one of Austin's most sought-after
master-planned communities, 11937 Portobella Dr delivers the
private outdoor lifestyle that Steiner Ranch buyers search for
most. The backyard is the centerpiece: a sparkling pool and a
gazebo backing directly to the greenbelt with no rear neighbors,
giving this home a level of privacy that is genuinely difficult to
find. The outdoor space feels like a personal retreat every single
day of the year. Inside, this 5-bedroom, 4-bathroom home spanning
3,150 square feet across two levels has been comprehensively
updated since 2022. Updated windows and recently installed solar
panels support long-term energy efficiency, complemented by a newly
installed whole-house water softener system. The kitchen features
upgraded appliances and added cabinetry for expanded storage, with
a breakfast nook adjacent for everyday casual dining. A separate
formal dining room provides a dedicated space for entertaining.
Every secondary bathroom has also been renovated. The floor plan is
built for how households actually live. The main level holds the
primary suite, a fireplace-anchored living room, a laundry room,
and a mud room off the garage entry. Upstairs, four secondary
bedrooms-two of which feature their own custom closets-are joined
by a dedicated office and a game room, giving this Steiner Ranch
home the kind of flexible, functional square footage that holds up
across every stage of life. The primary suite on the main level
features an upgraded, custom walk-in closet and a private bathroom
clearly separated from the rest of the home. Residents of Steiner
Ranch enjoy three community pools, access to The Lake Club on Lake
Austin, a 20-mile trail network through the Balcones Canyonlands
Preserve, and top-rated Leander ISD schools, including Steiner
Ranch Elementary and Canyon Ridge Middle School, all within the
community boundaries.
Unit Size
3,150 Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$341
Property Type
House
Property Taxes
$1,209
HOA Dues
$490
Year Built
2001
Listed By
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 4 months ago (Unlock MLS #ACT2002246)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 16, 2026 | In contract | - | |
| In contract | |||
| Jun 3, 2026 | Listed by Keller Williams - Lake Travis | $1,075,000 | |
| Listed by Keller Williams - Lake Travis | |||
| Sep 22, 2022 | No longer available | - | |
| No longer available | |||
| Aug 2, 2022 | Price Decreased |
$950,000
↓ $150K
(13.6%) | |
| Price Decreased | |||
| Jul 23, 2022 | Price Decreased |
$1,100,000
↓ $50K
(4.4%) | |
| Price Decreased | |||
Show More
Property Highlights
Garage
Air Conditioning
Fireplace
With View
Parking Details
Has Garage
Parking Features: Attached, Driveway, Garage, Garage Door Opener, Garage Faces Side, Door-Single
Garage Spaces: 2
Interior Details
Half Bathrooms: 1
Full Bathrooms: 3
Interior Features: See Remarks, Bookcases, Breakfast Bar, Built-in Features, Ceiling Fan(s), Tray Ceiling(s), Chandelier, Stone Counters, Crown Molding, Double Vanity, Kitchen Island, Open Floorplan, Pantry, Recessed Lighting, Walk-In Closet(s), Ceiling-High, Ceiling-Vaulted, Interior Steps, Multiple Dining Areas, Multiple Living Areas, Primary Bedroom on Main, Study/Home Office
Appliances: Cooktop, Dishwasher, Disposal, Exhaust Fan, Gas Cooktop, Microwave, Oven, Double Oven, Stainless Steel Appliance(s), Water Heater, Built-In Oven(s)
Flooring Type: Tile, Wood, No Carpet
Has Fireplace
Fireplace Features: Family Room
Fireplaces: 1
Exterior Details
Square Footage: 3150
Square Footage Source: $0
Green Sustainability
Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
Property Condition: Resale
Year Built Source: Public Records
Year Built: 2001
Waterfront Features: None
Levels: Two
Other Structures: None
Window Features: Bay Window(s), Blinds, Window Treatments
Construction Materials: Brick, Stone, Masonry – All Sides
Patio and Porch Features: Patio
Pool Features: In Ground
Pool is Private
Lot Features: Greenbelt, Back Yard, Front Yard, Interior Lot, Wooded, Sprinkler - Automatic
Lot Size Area: 11316.89
Lot Size Units: Square Feet
Lot Size Acres: 0.2598
Lot Size Square Feet: 11316.89
Water Source: MUD
Financial Details
Tax Map Number: 14
Tax Assessed Value: $736,232
Tax Annual Amount: $14,505
Utilities Details
Cooling Type: Ceiling Fan(s), Central Air
Heating Type: Central, Fireplace(s)
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Maintenance Grounds, Trash, See Remarks
HOA/Condo/Coop Amenities: Dog Park, Picnic Area, Trail(s)
HOA Fee: $490
HOA Fee Frequency: Semi-Annually
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Steiner Ranch
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Listed by: Gene Arant
Listed Office: Keller Williams - Lake Travis - Listing courtesy of Unlock MLS
Phone: (512) 263-9090
Last Updated: 2026-06-16 04:02:12
Data Source: Unlock MLS, MLS# ACT2002246
Details provided by Unlock MLS as Distributed by MLS Grid and may not match the public record.
Listed Office: Keller Williams - Lake Travis - Listing courtesy of Unlock MLS
Phone: (512) 263-9090
Last Updated: 2026-06-16 04:02:12
Data Source: Unlock MLS, MLS# ACT2002246
Based on information from Unlock MLS (alternatively, from ACTRIS). Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided “AS IS” and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some IDX listings have been excluded from this website.
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