Active Listing  ·  68 days on market

103 Bella Cima Dr

Austin, TX 78734
$2,995,000
5 Bed 6 Bath 6,987 sqft $429/sqft Built 2001 1.00 acres 3-Car Garage Pool Costa Bella Sec 02

Set on a beautifully landscaped one-acre homesite in the gated Lake Travis waterfront community of Costa Bella, this light-filled residence features a spacious and adaptable floorplan, perfect for everyday living and entertaining. Soaring ceilings, expansive windows, and abundant natural light create an open, airy feel throughout. Multiple living, dining, office, and flex spaces provide room to gather as well as retreat.

A coveted 25-foot marina boat slip offers convenient, secure access to deep water. Costa Bella residents also enjoy access to a waterfront clubhouse, community pool, and sports courts, with convenient access to the Lake Travis lifestyle.

Positioned near the end of a quiet cul-de-sac, the home flows easily between its spacious interiors and outdoor living areas. Outside, a private pool, outdoor fireplace with television, fire pit, Brazilian grill, raised irrigated garden beds, and expansive lawn create an environment equally suited to entertaining and relaxed daily living. Gated patios add practicality.

The detached poolside cabana/studio suite offers a separate space for a fitness studio, guest retreat, creative workspace, pool lounge, or entertaining area.

The home's flexible layout adapts as your life evolves—home offices, guest suites, playrooms, study and media spaces, or hobby and fitness areas—so you never outgrow the space.

The primary suite occupies its own private wing, featuring a spacious ensuite bath and direct patio access. An adjacent flex room with a gun-safe closet can function as a private office, library, studio, or additional retreat. Upstairs, three additional bedrooms each offer their own bathroom, while an oversized laundry/storage room presents another opportunity for a game room, media room, hobby space, or additional flex area. Additional features include walk-in closets, a three-car garage, and a half-circle driveway.

At $429/sqft, this home is priced 9% above the Austin active market average of $392/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

103 Bella Cima Dr, Austin, TX 78734

Property Details

Price $2,995,000
Status Active Listing
Beds 5
Full Baths 5
Half Baths 1
Living Area 6,987 sqft
Lot Size 1.00 acres (43,560 sqft)
Year Built 2001
Garage 3 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Costa Bella Sec 02
County Travis
Zip Code 78734
$/sqft $429/sqft
Days on Market ,
HOA $4,508.2/Annually
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT240180650
List Date July 17, 2026
Elementary School Lake Travis
Middle School Hudson Bend
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.

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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 · July 17, 2026 $3,250,000
Current ask $2,995,000
Reduced $255,000 (-7.8%) 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
16005 Chateau Ave
Vineyard Bay Ph 01
$2,995,000 $500 5 bd / 6 ba 5,988 sqft , 2026-05-08
16118 Clara Van St
San Casciano
$2,949,000 $519 5 bd / 6 ba 5,680 sqft , 2026-05-01
206 BELLA CIMA Dr
COSTA BELLA
$2,799,000 $462 5 bd / 5 ba 6,056 sqft , 2026-05-27
201 Costa Bella Dr
Costa Bella
$3,650,000 $522 5 bd / 6 ba 6,986 sqft , 2026-06-18
203 Bella Riva Dr
Costa Bella
$3,750,000 $593 5 bd / 7 ba 6,326 sqft , 2026-06-26

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
$599,000
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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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 18, 2026.

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