12890 Park Dr

River Place, Austin, TX · 48 days on market · View on Zillow

12890 Park Dr

$9M somewhere else buys…

5 bedrooms · 7 baths · 5,960 sqft · 122,552 sqft lot

Built 2020 · 3 Attached Garage spaces · Pool · $1509/sqft (city median $305)

Over 2+ acres of waterfront! Experience unparalleled luxury on Lake Travis in this contemporary masterpiece. A grand foyer opens to soaring ceilings and panoramic water views, seamlessly connecting the great room to a gourmet chef’s kitchen featuring Wolf/Sub-Zero appliances, quartzite island, and a full catering kitchen.

What this place offers

  • Private pool
  • Heating: Central
  • Cooling: Central Air
  • 3 Attached Garage spaces
  • Garage
  • Top school rating 10/10 nearby

The numbers

$131K/yr

Property tax (actual rate)

$32K/yr

Insurance (quoted)

Price history

2009$1,900,000
2016$1,275,000
2017$949,000
2026 (asking)$8,995,000

Up 373% since 2009

$8,995,000

Down payment20% · $1,799,000
%
Mortgage (principal + interest)$45,011
Property tax$10,944
Home insurance$2,699
All-in monthly$58,654/mo

You'd need about $2,513,735/yr in household income (28% rule) plus $1,799,000 in cash.

Would rent for ~$44,975/mo · 6.0% gross yield

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