Active Listing  ·  154 days on market

102 Waverly Spire Ct

Austin, TX 78738
$979,000
4 Bed 4 Bath 3,435 sqft $285/sqft Built 2013 0.32 acres 3-Car Garage Pool Lakeway Highlands Ph 01 Sec 02

Resort-style lakeside luxury awaits at 102 Waverly Spire Court! Nestled in the prestigious Rough Hollow community in Lakeway, this stunning home combines resort-style amenities, and effortless living—all just a quick 3-minute walk (2 blocks) to the vibrant Highland Village hub. Set on a peaceful 1/3-acre lot (safely away from power lines), this home boasts an extraordinary $300,000 backyard oasis: a large heated pool and heated spa/hot tub, a custom outdoor pergola ideal for year-round entertaining, and a brand-new outdoor kitchen with grill and elegant custom countertops. A spacious 3-car garage adds convenience and storage. Inside, enjoy a grand first-floor master suite, plus 3 additional bedrooms upstairs. High ceilings highlight the open living room, complemented by a formal dining room, dedicated home office, fun game room, and a large media/movie room perfect for gatherings. All furnishings can convey for a seamless move-in. Live the sought-after “Rough Life”: Exclusive membership in the Rough Hollow Yacht Club & Marina includes complimentary kayaks, paddleboards, direct lake access, a resort-style pool, fitness center, and the option to join Freedom Boat Club for boat rentals. Highland Village delivers three pools, a lazy river, tennis/pickleball, basketball/volleyball courts, soccer field and dog park. Top-tier Lake Travis ISD schools are nearby, featuring Rough Hollow Elementary and excellent middle/high schools with comprehensive programs in football, basketball, soccer, golf, tennis, track, band, dance, cheer, robotics, chess, and beyond (many high school graduates go to D1 and Ivy League schools). Conveniently close to Bee Creek Sports Complex (1.7 mi), World of Tennis (1.8 mi), the scenic indoor/outdoor Canyon Grille with stunning sunset views, and multiple golf courses (10–15 min drive) - Galleria shops, Trader Joe’s, Whole Foods, HEB just minutes away. Enjoy one of the lowest tax rates at 1.7% with homestead. Schedule a tour today!

At $285/sqft, this home is 27% below the Austin active market average of $391/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

102 Waverly Spire Ct, Austin, TX 78738

Property Details

Price $979,000
Status Active Listing
Beds 4
Full Baths 3
Half Baths 1
Living Area 3,435 sqft
Lot Size 0.32 acres (13,751.89 sqft)
Year Built 2013
Garage 3 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Lakeway Highlands Ph 01 Sec 02
County Travis
Zip Code 78738
$/sqft $285/sqft
Days on Market ,
HOA $835/Semi-Annually
Annual Tax Est. $15,764.9
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT220974326
List Date March 3, 2026
Elementary School Rough Hollow
Middle School Lake Travis
High School Lake Travis
School District ,

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

Schedule a Call →

Price History

How This Ask Has Moved

Original list price versus what this home is asking today. Straight from the ACTRIS MLS feed, no interpretation.

Original ask · March 3, 2026 $1,150,000
Previous ask $995,000
Current ask $979,000
Reduced $171,000 (-14.9%) from original ask

Source: ACTRIS MLS. Price change timestamp reflects the most recent adjustment on record; the feed does not expose intermediate steps between the original ask and today's ask.

Similar Homes on the Market in Austin

Comparable Listings Right Now

Homes currently for sale in Austin 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
542 Running Bird Rd
Parten
$979,000 $266 4 bd / 4 ba 3,680 sqft , 2026-05-29
4308 Canoas Dr
River Place Sec 22
$976,000 $303 3 bd / 3 ba 3,224 sqft , 2025-10-17
905 CRESTONE STREAM Dr
Serene Hills Sub Ph 2E; LAKEWAY
$975,000 $271 4 bd / 5 ba 3,603 sqft , 2026-03-01
3012 S 4th St #B
GROVE CONDO AMD
$975,000 $359 4 bd / 3 ba 2,713 sqft , 2026-05-07
13000 Titus Ct
Steiner Ranch
$975,000 $270 5 bd / 4 ba 3,612 sqft , 2026-05-20

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
$4,699/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
$195,800
20% conventional investment loan

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

Estimated Gross Rent+$4,699
Principal + Interest−$5,343
Property Tax (~2.1% TX avg)−$1,713
Insurance (~0.5%)−$408
Est. Monthly Cash Flow $-2,765

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 Austin, TX

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

Tesla Gigafactory 15-25 min E
Apple Campus (Domain) 20-30 min N
Google / Meta / Indeed 10-15 min downtown
Dell Medical School / UT Austin 10-20 min
Samsung Austin Semiconductor 25 min N

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