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12501 Bright Sky Overlook
About This Property
The primary suite is privately situated on the main floor, offering convenience and separation from the additional bedrooms upstairs. Its a true retreat at the end of the day. Also located on the first floor is a dedicated office that easily adapts to your needs, whether used as a home gym, creative studio, playroom, or flex space.
Upstairs, spacious secondary bedrooms and the elevated living area create the perfect balance of togetherness and privacy.
Step outside to a shaded backyard patio framed by lush landscaping and established trees, a setting made for slow mornings with coffee and relaxed evenings with friends. A two-car garage provides everyday convenience, while the curb appeal reflects the care this home has received.
Living in Steiner Ranch means access to an exceptional lifestyle. Residents enjoy the Lake Austin Lake Club, more than 20 miles of hike and bike trails, four community pools including a heated lap pool, plus tennis and pickleball courts. Just minutes away are UT Golf Club, Lake Travis, shopping, dining, and the scenic stretch of Ranch Road 620.
The home is zoned to highly acclaimed Laura Welch Bush Elementary, River Ridge Middle School, and Vandegrift High School, known statewide for championship athletics, nationally recognized academic and robotics programs, and numerous National Merit Scholars.
This is more than a home. It is where comfort meets community and where your next chapter begins.
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Cap Rate Calculator
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 30, 2026 | In contract | - | |
| In contract | |||
| May 21, 2026 | Relisted | $735,000 | |
| Relisted | |||
| May 5, 2026 | In contract | - | |
| In contract | |||
| Apr 17, 2026 | Price Decreased |
$735,000
↓ $14K
(1.9%) | |
| Price Decreased | |||
| Mar 5, 2026 | Listed by Austin Marketing + Development | $749,000 | |
| Listed by Austin Marketing + Development | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017