Active Listing  ·  4 days on market

101 Indian Bend Dr

Lakeway, TX 78734
$935,000
4 Bed 3 Bath 3,253 sqft $287/sqft Built 2008 0.34 acres 3-Car Garage Pool Lakeway

POOL. Circular drive. ALL single-story, timeless Mediterranean +/- 1/3 acre corner lot in charming Old Lakeway. NO HOA. 3 car side-entry garage. Wrought iron and glass doors. One-owner, quality-built custom home by Cantera Builders. 2008 build. Newer than other homes in the area. 8 ft doors. 11 and 12 ft ceilings. Graceful arches. Carpet (new 5/2026), only in bedrooms and bedroom hall.

Study/bedroom 5: Wood floors, glass doors, and a closet. Dining room has chandelier and an arched window. Kitchen and Butler's pantry (with wine fridge), have Alder cabinetry. Granite. WI pantry. Island prep sink. SS appliances, gas cooktop, built-in wall oven and micro. Pendant lights. Breakfast area. Living room has wood beams, a wood-burning fireplace, and views the yard and pool.

Perfect multi-generational plan. 4 bedrooms, 3 baths + study/bedroom 5. Main suite is light and airy. Ext. wall space. Wood beams. Fan. Double-doors to the ensuite. Garden tub and tiled shower with seat. 2 vanities. Wired for a TV. WI closet has built-in cubbies and ext. shelving. Other wing on its own HVAC. Hobby/desk space with counters and cabinets. Bedroom 2 has ensuite, Jack and Jill bath at bedrooms 3 and 4. Ceiling fans and blinds. Pocket doors and storage. Laundry room has cabinets and counters + fridge space. Mud area. Huge garage. Bench and storage stay.

Terrace has wood ceiling, a tv, and bbq hook-up. Pool has rock waterfall. Bubbler on pavilion for loungers. Huge patio. Low maintenance landscaping. Planting beds. Green space at the side yard for pups. Fully fenced. Sprinklers.

Lake Travis ISD. Minutes from Lakeway City Park, Hamilton Greenbelt, Ranger Field, Lakeway Resort and Spa, golfing, marinas, boating, kayaking, and trails to walk and run. Shopping, coffee, dining, library, and medical. HEB under 4 miles away. 22 miles from DT Austin. Close to the Hill Country. Verify locations, distances, schools, measures, materials, amenities, and any other details of importance to you.

At $287/sqft, this home is 12% below the Lakeway active market average of $327/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

101 Indian Bend Dr, Lakeway, TX 78734

Property Details

Price $935,000
Status Active Listing
Beds 4
Full Baths 3
Half Baths ,
Living Area 3,253 sqft
Lot Size 0.34 acres (14,679.72 sqft)
Year Built 2008
Garage 3 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Lakeway
County Travis
Zip Code 78734
$/sqft $287/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $18,128
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT245654274
List Date September 19, 2026
Elementary School Serene Hills
Middle School Hudson Bend
High School Lake Travis
School District ,

Luke Allen (TREC #788149) has deep knowledge of Lakeway and surrounding markets. Whether you're buying, selling, or just researching comparable sales, reach out for a no-pressure conversation.

Schedule a Call →

Similar Homes on the Market in Lakeway

Comparable Listings Right Now

Homes currently for sale in Lakeway with similar bedroom count, size, and price range, giving you real-time context for how this property's asking price compares to the active market.

AddressList Price$/sqftBeds/BathsSqftDOMListed
220 Clubhouse Dr
Lakeway
$865,000 $301 4 bd / 4 ba 2,870 sqft , 2026-06-02
124 Lakeway Dr
Lakeway Sec 01
$840,000 $331 3 bd / 3 ba 2,539 sqft , 2026-09-09
215 Lake Como Dr
North Lakeway Village Sec 06
$1,030,000 $282 4 bd / 5 ba 3,648 sqft , 2026-06-05
1004 Linscomb Dr
Pearson I H
$825,000 $209 3 bd / 3 ba 3,947 sqft , 2026-04-28
813 Sunfish St
Lakeway Sec 04
$1,050,000 $306 4 bd / 4 ba 3,428 sqft , 2026-09-10

Source: ACTRIS MLS, live listings. Similar by ±1 bed, ±35% price, ±35% sqft. Contact Luke for a formal comparative market analysis.

Investment Analysis

Rental Income Potential

The numbers below use conservative Austin-market assumptions. They are estimates, not a guarantee. Actual rents vary by condition, timing, and management. Read our full Austin rental property guide →

Est. Monthly Rent
$4,488/mo
0.48% rule · conservative Austin est.
Gross Yield
5.76%
Annual rent ÷ purchase price
Cap Rate (est.)
3.46%
NOI after 40% vacancy + expenses
Down Payment
$187,000
20% conventional investment loan

Monthly Cash Flow Breakdown (20% down · 7.25% rate)

Estimated Gross Rent+$4,488
Principal + Interest−$5,103
Property Tax (~2.1% TX avg)−$1,636
Insurance (~0.5%)−$390
Est. Monthly Cash Flow $-2,641

At current rates and prices, many Austin luxury properties run neutral or slightly negative on pure cash flow, appreciation and equity paydown are the primary return drivers. BRRRR and off-market acquisitions can improve day-one cash flow. Learn about the BRRRR method in Austin →

Commute & Employment

Major Employers Near Lakeway, TX

Lakeway sits within commuting range of Austin's major tech, manufacturing, and corporate campuses. Approximate drive times from this area:

Apple Campus (Domain) 30 min E
Downtown Austin 30 min E via 71
Westlake corridor 15 min E

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About the Author
Luke Allen, Austin TX Realtor, TREC #788149
Luke Allen
Licensed Austin TX Realtor · TREC #788149 · Full-time since 2019
★★★★★ 5.0 on Google · 30 Reviews

Luke Allen is a full-time Austin TX Realtor with the Austin Marketing + Development Group brokerage. He works with buyers, sellers, and investors across every Austin ISD and the surrounding neighborhoods, from Downtown and East Austin to Round Rock, Cedar Park, and the Hill Country. Every page on this site is written and maintained by Luke. This page was last updated on September 22, 2026.

📞 (254) 718-2567 [email protected] More about Luke →