Active Listing  ·  180 days on market

103 S Laurelwood Dr S

Austin, TX 78733
$799,000
3 Bed 2 Bath 1,989 sqft $402/sqft Built 1978 0.42 acres Pool LAKE RIDGE ESTATES SEC 3

Welcome to 103 S Laurelwood Drive — a Rare Opportunity in Coveted Eanes ISD. Nestled on nearly 1/2 acre in the highly sought after Lake Ridge Estates, this unique property offers the perfect canvas for your dream home or a savvy investment in one of Austin’s most prestigious school districts. Surrounded by mature trees and Hill Country charm, the 0.42-acre lot provides a serene backdrop for everyday living, with the added bonus of future customization potential. Inside, the layout is both spacious and versatile, featuring nearly 2,000 square feet of well-utilized space. Two generous living areas including one thoughtfully converted from the original garage offer flexibility for entertaining, relaxing, or working from home. A second-story balcony, large walk-in closets, and an updated patio further enhance the home’s comfort and usability. The home boasts 3 bedrooms and 2 full bathrooms, with ample natural light and cozy architectural details like beamed ceilings. Step outside to enjoy the in-ground pool and expansive outdoor space—ready for gatherings, gardening, or simply soaking in the peace and privacy of this established West Austin enclave. Located in the acclaimed Eanes ISD and just minutes from the Colorado River, Westlake, and downtown Austin, this property delivers unbeatable access to top-tier schools, dining, shopping, and recreation. Whether you’re looking to renovate, invest, or build anew, 103 S Laurelwood offers a rare combination of land, location, and lifestyle. Opportunities like this don’t come around often—schedule your showing today and imagine the possibilities! Home sold As-Is. No sign in yard.

At $402/sqft, this home is priced 3% 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

103 S Laurelwood Dr S, Austin, TX 78733

Property Details

Price $799,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,989 sqft
Lot Size 0.42 acres (18,286.49 sqft)
Year Built 1978
Garage ,
Stories ,
Type Residential · Single Family Residence
Subdivision LAKE RIDGE ESTATES SEC 3
County Travis
Zip Code 78733
$/sqft $402/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT218479299
List Date February 5, 2026
Elementary School Barton Creek
Middle School West Ridge
High School Westlake
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 →

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
4412 S 1st St #2
Hartkopf Annex
$799,000 $417 3 bd / 4 ba 1,918 sqft , 2026-02-21
2226 Westlake Dr #1-3
Las Colinas At Lake Austin Con
$799,000 $492 3 bd / 2 ba 1,623 sqft , 2025-08-07
404 Amiata Ave #34
Villas At Tuscan Village Amd
$799,000 $319 3 bd / 3 ba 2,506 sqft , 2026-01-16
4010 Long Champ Dr #14
Steeplechase Gardenhomes Amd
$799,000 $318 3 bd / 3 ba 2,509 sqft , 2026-04-03
2612 Little John Ln
Sherwood Oaks Sec 03
$799,000 $603 3 bd / 2 ba 1,326 sqft , 2026-03-10

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
$3,835/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
$159,800
20% conventional investment loan

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

Estimated Gross Rent+$3,835
Principal + Interest−$4,360
Property Tax (~2.1% TX avg)−$1,398
Insurance (~0.5%)−$333
Est. Monthly Cash Flow $-2,256

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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