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12536 Canyon Glen DR
About This Property
With 4 bedrooms, generous living spaces, a private backyard, and a two-car garage, this is a home designed for real life. There's room to gather, work from home, host friends and family, or simply spread out. Four well-sized bedrooms give you flexibility as life changes, while the thoughtful floor plan feels comfortable, functional, and easy to live in.
Out back, a private yard and covered patio extend the living space outdoors, perfect for morning coffee, kids and pets, weekend grilling, or winding down at the end of the day.
But one of the biggest reasons to love this home is everything that comes with living in Steiner Ranch. Highly regarded Leander ISD schools are right here in the community, along with multiple pools, parks and playgrounds, sports courts, miles of trails, abundant green space, and access to the Steiner Ranch Lake Club on Lake Austin. It's the kind of neighborhood where so much of everyday life is close to home.
There's a reason people seek out Steiner Ranch. You get beautiful natural surroundings, mature trees, great schools, incredible neighborhood amenities, and a true sense of community, all while staying connected to Austin. If you've been looking for more space and an easier way of living without giving up access to the city, this is it.
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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 |
|---|---|---|---|
| Sep 12, 2026 | In contract | - | |
| In contract | |||
| Aug 7, 2026 | Listed by Compass RE Texas, LLC | $575,000 | |
| Listed by Compass RE Texas, LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017