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12712 Monterey PATH
About This Property
Recent updates include a newer HVAC system and hot water heater installed within the last few years, along with new sod and refreshed landscaping, enhancing both comfort and curb appeal. The home is also within walking distance to River Ridge Elementary School, providing added convenience for families.
Enjoy all that Steiner Ranch has to offer, including access to top-rated Leander ISD schools, multiple community pools, parks, scenic hike and bike trails, tennis courts, and nearby Lake Austin. Conveniently located with easy access to shopping, dining, and major employers.
This is a rare opportunity to own a home in a premier community known for its outstanding amenities, natural beauty, highly rated schools, and strong sense of community. Whether you're looking for a primary residence or a long-term investment, 12712 Monterey Path offers the lifestyle and location that make Steiner Ranch one of Austin's most desirable places to call home.
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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 |
|---|---|---|---|
| Oct 21, 2026 | Price Decreased |
$555,000
↓ $20K
(3.5%) | |
| Price Decreased | |||
| Aug 12, 2026 | Price Decreased |
$575,000
↓ $20K
(3.3%) | |
| Price Decreased | |||
| Jul 14, 2026 | Price Decreased |
$594,500
↓ $15K
(2.4%) | |
| Price Decreased | |||
| Jun 16, 2026 | Listed by Compass RE Texas, LLC | $609,000 | |
| Listed by Compass RE Texas, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017