Active Listing  ·  174 days on market

10202 Epsilon Way

Austin, TX 78730
$2,994,990
5 Bed 7 Bath 4,595 sqft $652/sqft Built 2026 0.50 acres 3-Car Garage Pool River Place, Milky Way at River Place

Striking 4,595 square foot residence set on a half acre greenbelt homesite with unobstructed views of the Balcones Canyonlands and the Austin skyline. This two story home features five bedrooms, six full baths, and one half bath, including a main level bedroom and dedicated office space. Thoughtfully designed living spaces include a family room, formal living, game room, media room, loft, and home theater. The gourmet kitchen is equipped with a built in oven, convection oven, cooktop, microwave, dishwasher, disposal, refrigerator, breakfast area, breakfast bar, center island, natural stone counters, and a walk in pantry, all open to the family room for seamless entertaining. Luxurious wood flooring, high ceilings, double pane windows, programmable thermostat, and energy efficient features enhance both comfort and performance. The primary suite offers double vanities, garden tub, separate shower, sitting area, and walk in closet. Outdoor living is equally impressive with covered and uncovered patios, automatic sprinkler system, and a resort style heated pool and spa overlooking the greenbelt. A three car attached garage completes the home.

Residents enjoy access to some of the area's top schools, including River Place Elementary and Vandegrift High School. Nearby amenities include Sun Tree Park, River Place Country Club, and miles of scenic greenbelt trails. The community is also just minutes from Broadcom's Austin campus, along with a wealth of other major tech employers in the Four Points area. Residents have access to a private marina for swimming, boating, waterskiing, and other activities on the lake. At the River Place Country Club, residents can play golf or tennis, enjoy the fitness center, massage facility, swimming pool, and dining room. River Place Country Club 1.4 mi, River Place Nature Trail 2.3 mi, Bull Creek District Park 3.6, Quarry Lake 6.3 mi, Sun Tree Park 1.2 mi

At $652/sqft, this home is priced 67% above the Austin active market average of $391/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

10202 Epsilon Way, Austin, TX 78730

Property Details

Price $2,994,990
Status Active Listing
Beds 5
Full Baths 6
Half Baths 1
Living Area 4,595 sqft
Lot Size 0.50 acres (21,780 sqft)
Year Built 2026
Garage 3 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision River Place, Milky Way at River Place
County Travis
Zip Code 78730
$/sqft $652/sqft
Days on Market ,
HOA $185/Monthly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT219042051
List Date February 11, 2026
Elementary School River Place
Middle School Four Points
High School Vandegrift
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.

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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
3809 Verano Dr
Barton Creek Ph 04 Sec H
$2,995,000 $620 4 bd / 5 ba 4,830 sqft , 2026-05-01
206 BELLA CIMA Dr
COSTA BELLA
$2,995,000 $495 5 bd / 5 ba 6,056 sqft , 2026-05-27
3210 Lacevine Ln
Estates Above Lost Creek in Barton Creek
$2,999,000 $766 4 bd / 4 ba 3,916 sqft , 2026-07-11
3735 Lost Creek Blvd
Estates Above Lost Creek
$2,999,500 $609 4 bd / 5 ba 4,925 sqft , 2026-06-26
3621 Peregrine Falcon Dr
Woodhaven
$2,999,950 $765 4 bd / 4 ba 3,923 sqft , 2026-04-07

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
$14,376/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
$598,998
20% conventional investment loan

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

Estimated Gross Rent+$14,376
Principal + Interest−$16,345
Property Tax (~2.1% TX avg)−$5,241
Insurance (~0.5%)−$1,248
Est. Monthly Cash Flow $-8,458

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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