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12510 Bright Sky Overlook
About This Property
The home features a highly sought-after 3-car garage and showcases extensive landscaping and hardscaping, with stonework, mature plantings, and curated outdoor spaces that create both standout curb appeal and true usability. A newer fence frames the backyard, where you'll find a pool, patio, and-importantly-additional grass space that allows for both recreation and relaxation.
Inside, the remodeled kitchen features updated cabinetry, modern countertops, and stainless steel appliances, all opening into light-filled living spaces. Natural light is abundant throughout, enhancing the home's warm and inviting atmosphere.
Upstairs, a spacious game room provides flexible living space, while the oversized primary suite offers a comfortable retreat with a generous walk-in closet.
Behind the scenes, the home has been exceptionally maintained and continuously upgraded over the past decade, including two HVAC systems replaced in 2020, a new water heater in 2026, and new stucco in 2025, along with numerous additional improvements that reflect consistent pride of ownership .
Located in Steiner Ranch-one of Austin's premier master-planned communities-residents enjoy access to top-rated schools, multiple community centers with pools and amenities, miles of hike and bike trails, and convenient access to Lake Austin and Lake Travis. This is a community known for its lifestyle, not just its homes.
This is a rare opportunity to own a well-cared-for home on a premium lot with both privacy and space in one of the area's most sought-after neighborhoods.
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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 |
|---|---|---|---|
| Apr 21, 2026 | In contract | - | |
| In contract | |||
| Mar 20, 2026 | Listed by eXp Realty, LLC | $849,000 | |
| Listed by eXp Realty, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017