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$416,000

NAL Estimated Property Value

12932 Covington Trl, Austin, TX, 78727

SoldInfo
6/29/26
Beds3 Beds
Baths2 Bath
Baths1,579 Sq Ft
price_per_sqft$265.99 / sqft
Year BuiltBuilt in 1985

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDryer, Dishwasher, Gas Cooktop, Disposal, Gas Range, Gas Water Heater, Refrigerator, Washer
FlooringCarpet Free, Tile, Wood

Exterior

Exterior FeaturesRain Gutters, Fire Pit
Lot Size9,962 sqft

Building Information

Year Built1985
Stories1
Roof Type105
Garage Spaces2

Land Information

APN02680003510000
Lot Number48
SubdivisionMilwood Sec 17
Land UseResidential
Legal DescriptionLOT 48 BLK N MILWOOD SEC 17
Census Tract034200
Assessed Land Value$132,991
Assessed Improvement Value$267,008
Assessment Year2025

About this property

Welcome to 12932 Covington Trail — a rare opportunity to own one of the larger, single story homes on an oversized lot in this highly sought-after Northwest Austin neighborhood zoned to acclaimed Round Rock ISD schools including Canyon Vista MS and Westwood HS. Offering an exceptional combination of space, functionality, and charm, this home features a spacious open floor plan designed for both everyday living and entertaining. The layout offers generous living spaces and a seamless flow between the kitchen, dining, and family areas. The primary suite includes a double vanity and walk in shower as well as dual walk in closets. The guest bathroom features a tub and expansive counterspace for occupants of the additional two bedrooms. One bedroom not pictured has two closets. Great floorplan for roommates, families or executive rental. One of the standout features of this property is the private back gate access connecting directly to nearby trails, Riata Vista restaurants, green spaces, and the Apple campus area — offering walkability, options for an outdoor lifestyle, and commuter convenience that is hard to find in Northwest Austin. Enjoy proximity to hike and bike trails, neighborhood amenities, dining, and major tech employers right from your backyard. Recent improvements include updated siding that enhances both curb appeal and tile flooring for long-term durability. Inside, the flexible floor plan offers an office option, versatile spaces ideal for working from home or hosting guests. Located in a prime North Austin location with convenient access to additional major employers like Oracle, offices in the Domain, Visa, shopping, restaurants, parks, and commuter routes including Hwy 183, Hwy 45, and Mopac, this home combines comfort, convenience, and top-rated schools in one exceptional package. Seller prefers to sell home as is and as soon as possible but open to discussions to make this a great opportunity for solid, interested buyers or investors.

Investor Tools

Property Icon
$416,000
Estimated Property Value
$224,034Estimated Mortgage Balance
$191,966Estimated Equity
46% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,520 /month
Positive
Cash Flow Estimate:
$840 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$717/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,527
$399,999
2025
$132,991
$267,008
$399,999
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,527
$399,999

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Smart Choice Mortgage A Texas Llc
Conventional
$186,500
No
First
Mar 5, 2021
Apr 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$224,034
$191,966
46%
54%
$1,461/mo

Learn About the Market: Opportunity in Austin

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Austin

Austin may be the Live Music Capital of the World, but it’s also one of America’s fastest-growing innovation hubs. Fueled by tech expansion, the University of Texas, state government, and a steady influx of new residents, Austin blends startup energy with Hill Country charm.

From downtown high-rises overlooking Lady Bird Lake to booming suburbs like Round Rock and Leander, the region attracts younger professionals, entrepreneurs, and remote workers seeking opportunity with lifestyle. Austin isn’t just growing — it’s redefining what modern Texas looks like.

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Population Growth

Population Growth

~0.4%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$555,300

Unemployment Rate

Unemployment Rate

3.20%

Price Trend

Price Trend

~0.4% YoY growth

New Permits

New Permits

2,269 units

City: Austin

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