Description of 12223 Old Stage TRL, Austin, TX 78750
Listing details for 12223 Old Stage TRL, Austin, TX 78750 : The Austin Market’s Premier Investment Opportunity; Boasting a 7.2% Cap Rate and 5.2% Net Yield at list price. This property is a proven performer in one of the country’s most resilient markets. The Property has been gut-remodeled in 2022, this home features a sophisticated European contemporary design specifically curated to attract high-income professionals relocating to Austin. The 4-bedroom, 3-bathroom layout centers around an expansive open-concept living, dining, and kitchen area, framed by large windows that lead to a stunning, professionally landscaped backyard.
Performance & Reliability
* Near-Zero Vacancy: Since March 2022, the property has seen only 15 days of total vacancy across three tenants—strictly for "make-ready" transitions.
* High Demand: Even in a shifting rental market, this home continues to attract multiple applications up to 45 days prior to availability.
* Modern Essentials: Equipped with a chef-grade kitchen, ample storage, and a dedicated EV rapid charger.
Key Financials:
* Actual Cap Rate: 7.2%
* Net Yield: 5.2%
* Status: Turnkey / Fully Occupied
About 21 minutes from Austin Downtown take US-183 N Ramp, take exit toward R.M. 620/Lake Creek Pkwy/Pecan Park, merge onto Research Blvd, turn left onto Lake Creek Pkwy, turn left onto Bainbridge Ln, turn left onto Firethorn Ln, turn right onto Old Stage trl, 1223 will be about 500 feet on the left. About 11 minutes from Apple Campus on W.Parmer, turn right in West direction onto W.Parmer Ln, turn left onto Anderson Mill Rd, turn right onto Swallow Dr, turn right onto Woodland Village Dr, turn left onto Robin Ridge Ln, turn right onto Old Stage Trl, 1223 will be about 500 feet on the right.
Few Trees, Landscaped, Level, Trees-Medium (20 Ft - 40 Ft) and Trees-Moderate
Lot Size (Sq Ft)
7,187.4
Lot Size (Acres)
0.165
Interior Details
Interior Features
Ceiling Fan(s), Ceiling-High, Granite Counters, Stone Counters, Double Vanity, Eat-in Kitchen, Entrance Foyer, Primary Bedroom on Main, Recessed Lighting, Smart Home, Smart Thermostat, Storage, Walk-In Closet(s) and See Remarks
Appliances
Built-In Electric Oven, Dishwasher, Disposal, ENERGY STAR Qualified Appliances, Gas Cooktop, Ice Maker, Microwave, Double Oven, RNGHD, Free-Standing Refrigerator, Tankless Water Heater and See Remarks
Flooring
Tile
Window Features
Blinds, Double Pane Windows, Screens and Vinyl Windows
Fireplace
No
Fireplace Features
None
Heating
Central
Cooling
Ceiling Fan(s) and Central Air
Exterior Details
Garage
No
Total Parking
2
Parking Features
Converted Garage, Driveway and Electric Vehicle Charging Station(s)
Patio & Porch Features
Patio
Exterior Features
Garden and Private Yard
Other Structures
None
Fencing
Wood
View
None
Waterfront
No
Water Source
Public
Sewer
Public Sewer
Community Features
Park and Sidewalks
Additional Features
Utilities
Electricity Connected, High Speed Internet, Natural Gas Connected, Sewer Connected and Water Connected