Active Listing  ·  63 days on market

104 El Norte Ct

Lakeway, TX 78734
$610,000
4 Bed 3 Bath 2,435 sqft $251/sqft Built 1986 0.36 acres 2-Car Garage Pool Lakeway Sec 26
104 El Norte Ct, photo 1
104 El Norte Ct, photo 2
104 El Norte Ct, photo 3
104 El Norte Ct, photo 4
104 El Norte Ct, photo 5
104 El Norte Ct, photo 6
104 El Norte Ct, photo 7
104 El Norte Ct, photo 8
104 El Norte Ct, photo 9
104 El Norte Ct, photo 10
104 El Norte Ct, photo 11
104 El Norte Ct, photo 12

About This Home

Nestled on a quiet, heavily treed cul-de-sac on a large lot, this home boasts numerous mature Oak trees creating a relaxing, peacuful and private oasis. Featuring 4 bedrooms and 2.5 baths with the primary suite located on the main floor there is also a formal dining area as well as an enclosed patio. The large rear deck is perfect for entertaining or just relaxing, and the enclosed rear patio is perfect for warmer days. No HOA! Numerous upgrades include a new roof and new wood flooring and a new irrigation system in 2023 along with a new air conditioner in 2022 (see the attached list for additional upgrades.)

At $251/sqft, this home is 23% 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

104 El Norte Ct, Lakeway, TX 78734

Open in Google Maps ↗ Get Directions ↗

Property Details

Price $610,000
Status Active Listing
Beds 4
Full Baths 2
Half Baths 1
Living Area 2,435 sqft
Lot Size 0.36 acres (15,799.21 sqft)
Year Built 1986
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Lakeway Sec 26
County Travis
Zip Code 78734
$/sqft $251/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $11,622.25
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT239971842
List Date July 22, 2026
Elementary School Lakeway
Middle School Hudson Bend
High School Lake Travis
School District ,

Have Questions About This Property?

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 →

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 22, 2026 $640,000
Previous ask $620,000
Current ask $610,000
▼ Reduced $30,000 (-4.7%) 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 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
219 The Hills Dr #5
Lakeside & Greens Condo $609,000 $264 3 bd / 2 ba 2,311 sqft , 2026-02-19
406 Hazeltine Dr
Lakeway Sec Clusters 28 04 $614,999 $223 3 bd / 4 ba 2,752 sqft , 2026-04-09
106 White Sands Dr
Lakeway Sec 26 $620,000 $303 3 bd / 3 ba 2,046 sqft , 2026-08-31
5 Champions Ln
Champions Lakeway $599,000 $286 4 bd / 3 ba 2,093 sqft , 2026-07-17
843 Sunfish St
Lakeway Sec 14 $599,000 $212 4 bd / 4 ba 2,827 sqft , 2026-08-12

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
$2,928/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
$122,000
20% conventional investment loan

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

Estimated Gross Rent+$2,928
Principal + Interest−$3,329
Property Tax (~2.1% TX avg)−$1,068
Insurance (~0.5%)−$254
Est. Monthly Cash Flow $-1,723

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

More Luxury Homes in Lakeway

Loading…
View All Luxury Homes →

Explore Austin Real Estate

Austin Luxury Homes Sell a Luxury Home Homes with Pool Sell Home Over $2M Investment Properties Rental Properties 1031 Exchange Austin BRRRR Method Austin Austin Market Report Contact Luke Allen
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 →