Ed's Opinion of Value

$510,475 Ed's Estimate: $1,000,769 $1,000,769
Lowest Comp Recommended List: $981,000 to $1,021,000 Highest Comp

Listing History

$1,440,000 List Price
$666,706 Comp Value
0 Price Reductions

This property was listed at $1,440,000 and expired after 150 days on market. This listing activity factors into the valuation.

The market data from 7 similar recent sales in EBONY ACRES points to a value of approximately $1,000,769. To sell within a reasonable timeframe at fair market value, the $981,000 to $1,021,000 range is where I'd position this. Among the similar homes currently available in EBONY ACRES, this price point stands out as competitive. At 2,060 sqft larger than the typical comp, the size difference factors into the valuation. The 2021 construction puts this home 10 years newer than the comp average, a factor in the pricing. 7 comparable transactions in EBONY ACRES support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group
0 Beds
Baths
3,539 Sq Ft
0.207 Acres
2021 Built
1 Garage

About This Property

Incredible chance to own a top-performing duplex in the heart of East Austin. Built in 2021, each unit is approx. 1,770 sq ft with 3 bedrooms, 2.5 baths, and designer finishes throughout. Layout includes open-concept living, tall 10’ ceilings, a chef’s kitchen with quartz counters, soft-close cabinets, and downstairs primary suites with walk-in showers and dual vanities. Private fenced yards, hardwood floors throughout, Nest thermostats, tankless water heaters, and energy-efficient Carrier HVAC systems complete the package.

This fully operational short-term rental has generated over $700K in gross income from 2021–2024, averaging strong net returns in 2022 and 2023. The property is professionally managed and optimized for continued performance during Austin’s high-demand seasons. Full P&L available upon request.

Bonus: Seller financing is available to qualified buyers, offering an opportunity to secure a below-market interest rate and improve cash flow from day one.

Live in one side and rent the other, or take advantage of a rare turn-key investment with upside in one of Austin’s most desirable short-term rental corridors. Minutes to downtown, UT, Mueller, parks, lakes, music festivals & major employers.

This listing includes both Unit A and Unit B. For more info, go to: https://wkf.ms/46osImw

Features

  • Breakfast Bar
  • Built-in Features
  • Ceiling Fan(s)
  • Quartz Counters
  • Double Vanity
  • Electric Dryer Hookup
  • Gas Dryer Hookup
  • Interior Steps
  • Kitchen Island
  • Pantry
  • Primary Bedroom on Main
  • Recessed Lighting
  • Smart Thermostat
  • Storage
  • Walk-In Closet(s)
  • Washer Hookup

Location

Schools

School District Austin ISD
Elementary Sims
Middle School Garcia

Property Details

Property Type Residential Income
Flooring Tile, Wood
Cooling Central Air, ENERGY STAR Qualified Equipment, Exhaust Fan
Heating Central, ENERGY STAR Qualified Equipment, Exhaust Fan
Exterior Gutters Full, Lighting
County Travis
MLS # 9322201

Parking

Garage 1 spaces

Listing History

MLS# 9322201 150 days
Feb 28, 2026 Off Market
Oct 1, 2025 Listed $1,440,000

Frequently Asked Questions About 3603 E 12th ST, Austin TX 78721

When was 3603 E 12th ST, Austin TX 78721 built?

3603 E 12th ST, Austin TX 78721 was built in 2021.

How much does 3603 E 12th ST, Austin TX 78721 cost?

3603 E 12th ST, Austin TX 78721 is currently off market.

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