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Steiner Ranch: Five Homes Cut Prices This Week
By George Arnold Alexander III, MPA · Associate Broker · 2026-10-23
Deal of the Week

Deals of the Week by price quartile. The quartiles come from the last 12 months of closed sales here. Each pick has the top ALEX deal score in its price range.
Lower quartile: under $645,000
1017 Horseback HOLW, Austin TX 78732 · MLS #3356578
Listed at $640,000, 4 bed, 2.5 bath, 3,049 sq ft. Listed 7% below the ALEX valuation; 24% under the local price per sq ft; price reduced 8% from original.
See it on alex.realestate: https://www.alex.realestate/listing-detail/1185626038/1017-Horseback-HOLW-Austin-TX
Lower-middle quartile: $645,000 to $830,000
12816 Majestic Oaks DR, Austin TX 78732 · MLS #5143019
Listed at $699,000, 5 bed, 3 bath, 2,612 sq ft. Listed 11% below the ALEX valuation; 9% under the local price per sq ft; price reduced 18% from original.
See it on alex.realestate: https://www.alex.realestate/listing-detail/1185337561/12816-Majestic-Oaks-DR-Austin-TX
Upper-middle quartile: $830,000 to $1,150,000
12013 Palisades PKWY, Austin TX 78732 · MLS #4711032
Listed at $1,100,000, 4 bed, 3.5 bath, 4,558 sq ft. Listed 10% below the ALEX valuation; 18% under the local price per sq ft; price reduced 10% from original.
See it on alex.realestate: https://www.alex.realestate/listing-detail/1173631518/12013-Palisades-PKWY-Austin-TX
Upper quartile: $1,150,000 and up
12801 Arbor Lake CV, Austin TX 78732 · MLS #4999734
Listed at $1,399,000, 5 bed, 5.5 bath, 4,399 sq ft. Listed 4% below the ALEX valuation; price reduced 13% from original.
See it on alex.realestate: https://www.alex.realestate/listing-detail/1184780254/12801-Arbor-Lake-CV-Austin-TX
Key figures · Steiner Ranch · rolling 6 months ending Sep 30, 2026
- 128 homes sold in Steiner Ranch in the 6 months ending Sep 30, 2026 (up 15.3% on a year earlier).
- Median sale price: $849,500 (up 4.5% on a year earlier).
- Median price per square foot: $272.
- Median days on market: 28.
- Median sale price as a share of the original list price: 95.3%.
- 56 homes for sale now, about 2.6 months of supply at the pace of the last six months.
Source: Unlock MLS, rolling 6 months ending Sep 30, 2026. Homes only (single-family, condo, townhome). Information deemed reliable but not guaranteed.
Five homes for sale in Steiner Ranch reduced their prices between Oct 17 and Oct 23, 2026. This represents 8.9% of the 56 active listings currently on the market. The median reduction was $26,000, or 3.4% of the price before the cut. One seller lowered their asking by nearly 5%.
ALEX Intelligence analyzed these recent adjustments to show how pricing is shifting in this master-planned community. The median list price for these reduced homes is now $799,000. While the broader market shows a median close price of $849,500 over the last six months, these specific listings are adjusting to current buyer expectations.
The data covers only homes whose most recent change in this seven-day window was a price reduction. No individual properties are named here; the full list appears below this text. This snapshot helps buyers identify opportunities and sellers gauge local competition without predicting future market direction.
Price just reduced:
12621 Capella TRL, Austin, TX · MLS #1495890
Cut Oct 23 from $1,049,000 to $999,000, 4.8% lower. 6 bed, 4 bath, 3,722 sq ft. Listed by eXp Realty, LLC.
See it on alex.realestate: https://www.alex.realestate/listing-detail/1189062736/12621-Capella-TRL-Austin-TX
3001 Centennial Olympic PARK, Austin, TX · MLS #4477119
Cut Oct 21 from $549,000 to $530,000, 3.5% lower. 4 bed, 2.5 bath, 2,575 sq ft. Listed by eXp Realty, LLC.
See it on alex.realestate: https://www.alex.realestate/listing-detail/1189890671/3001-Centennial-Olympic-PARK-Austin-TX
3135 Burks LN, Austin, TX · MLS #6040897
Cut Oct 19 from $775,000 to $749,000, 3.4% lower. 4 bed, 2 bath, 2,359 sq ft. Listed by Moreland Properties.
See it on alex.realestate: https://www.alex.realestate/listing-detail/1190502922/3135-Burks-LN-Austin-TX
2900 Grimes Ranch RD, Austin, TX · MLS #6881009
Cut Oct 21 from $825,000 to $799,000, 3.2% lower. 4 bed, 2.5 bath, 3,088 sq ft. Listed by Compass RE Texas, LLC.
See it on alex.realestate: https://www.alex.realestate/listing-detail/1189546802/2900-Grimes-Ranch-RD-Austin-TX
3224 Summer Canyon DR, Austin, TX · MLS #3540638
Cut Oct 17 from $925,000 to $919,900, 0.6% lower. 4 bed, 2.5 bath, 3,512 sq ft. Listed by Real Broker, LLC.
See it on alex.realestate: https://www.alex.realestate/listing-detail/1186073154/3224-Summer-Canyon-DR-Austin-TX
Want a closer look? Reply or call George at 713.918.9951 and we'll set up a showing.
Data from Unlock MLS. Information deemed reliable but not guaranteed. Model outputs are ALEX Intelligence estimates, not appraisals.
Read more Central Texas market data on the ALEX blog: https://alex-companies.com/blog
Source data: Unlock MLS listing activity, Oct 17 to Oct 23, 2026, n=5
Cover photo: Steiner-ranch-steakhouse-austin-tx by TommySteaks82, CC BY-SA 4.0, via Wikimedia Commons; darkened, cropped and text added.
Licensed by the Texas Real Estate Commission. Broker: Alexander Tiffany Southwest, LLC · License #565194-BB.
Diane Hart Alexander, Chair & CEO, ALEX Companies · Designated Broker · #574877-B · George Arnold Alexander III, Partner, ALEX Companies · Associate Broker · #574878-B
Texas Real Estate Commission Information About Brokerage Services · TREC Consumer Protection Notice · trec.texas.gov
Diane Hart Alexander, Chair & CEO, ALEX Companies · Designated Broker · #574877-B · George Arnold Alexander III, Partner, ALEX Companies · Associate Broker · #574878-B
Texas Real Estate Commission Information About Brokerage Services · TREC Consumer Protection Notice · trec.texas.gov










